UN shipping report for 2020 gloomy 
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... plus
From Iata to Tiaca
Glyn Hughes will take the newly created role of director general of The International Air Cargo Association (Tiaca). Starting in his tenure in February 2021, he will manage the team and work with the board of directors, the members and the industry partners. Reporting to the... plus
Leadership succession plan
Alaska Air Group's board of directors has announced a leadership change: Ben Minicucci (right) will assume the role of the group's CEO on 31 March 2021, succeeding Brad Tilden (left), who served as CEO for eight years and who will continue as board chair. Patricia Bedient,... plus
Dramatic rebound for XPO Logistics?
USA-based XPO Logistics has reported its financial results for the third quarter 2020. Chairman and CEO Brad Jacobs: “Our business rebounded dramatically in the third quarter. Revenue, adjusted ebitda, adjusted EPS and free cash flow were all decisively higher than... plus
Best-ever month for Canadian grain transport
Canadian Pacific (CP) set a new record for shipping Canadian grain and grain products in October, with 3.04 million t moved, the first time ever CP has exceeded 3 t in a month. This breaks the highest-ever record for a month, set in April 2020, by 6.9%. It also betters the... plus
Vels wholesales for everyone
A new airfreight wholesaler has been launched by long-serving Dutch airfreight specialist Rinaldo Vels, particularly targeting non-Iata-licenced forwarders, courier companies, trucking companies, e-commerce forwarders and nextgen digital forwarders. Based near Amsterdam... plus
YRC Worldwide names interim CFO
YRC Worldwide, the Kansas-based holding company for a portfolio of American logistics brands including Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics, has announced that Jamie Pierson has resigned as the CFO and from the board of directors. This departure does not... plus
Singapore sends hot signals to the cargo world
Today, 9 November 2020, Singapore Airlines (SIA) makes its return to New York, when it launches nonstop flights to JFK. Operating to JFK (instead of ERW, which was served before the pandemic restrictions) with Airbus A350-900s will allow SIA to better accommodate a mix of PAX... plus
Terminal in Halifax completed
The extension of the South End Container Terminal, operated by PSA Halifax, at the Port of Halifax in Canada is now operational. The first vessel to call the new terminal is the “Zim Tarragona”. With the extension, the terminal now has the longest and deepest container berth... plus
Five US shortline railroads change hands
Jaguar Transport has acquired five short-line railroads and a railroad construction and maintenance company from The Western Group (TWG). The railroads involved in the transaction are Cimarron Valley Railroad (in Southwest Kansas, Northern Oklahoma, and Eastern Colorado),... plus