Air Charter Service opens new office in Shanghai 
The aircraft charter specialist Air Charter Service (ACS) continues to expand its Asian operations by opening a new office in Shanghai. Stephen Fernandez, ACS’s Apac regional director, said: “Shanghai was a natural choice for our second office in mainland... plus
Forward Air acquires FSA Logistix
Forward Air Corporation is to acquire nearly all of the assets of FSA Logistix, a privately held final mile provider. The deal will cost some USD 27 million plus an additional contingent consideration based upon future revenue generation. FSA specializes in last mile... plus
Sturdy ships for Royal Arctic
KfW IPEX Bank is providing EUR 16.43 million to finance two more transport ships for the Royal Arctic Line. The Greenland-based shipping company already completed a loan for the construction and final financing of two similar vessels in November 2018. Those units are... plus
SF Airlines broadens physical and digital footprint
Shenzhen-based SF Airlines has taken delivery of its third new freighter this year. The B767-300F, which was converted from a passenger to a cargo plane and commissioned in a mere 90 days, increases the carrier’s fleet to 53 units. Meanwhile, the airline is also active on... plus
Rail Link starts port's rail operations in USA
Rail Link, a subsidiary of Genesee & Wyoming in the USA, has contracted with the port of Caddo-Bossier in Shreveport (LA) to provide rail services at the port, hauling inbound and outbound materials between the port and its currently 11 rail-served customers. Located on... plus
Zufall gains Iata accreditation for its Haiger branch
Zufall’s office in Haiger (Hesse, Germany) was recently appointed agent of the international air transport association (Iata). It is therefore a recognised partner in a world-wide network of 290 members and 470 strategic partners in the aviation industry. „Our accreditation... plus
“Curiosity of the Day” 
The red telephone box is one of Britain’s most well-known icons. The architect Giles Gilbert Scott, who designed the box in 1926, was inspired by the gravestone of Eliza Soane. She was the wife of architect John Soane, who embellished her tomb with a dome. plus
U-Freight launches e+
As the global e-commerce market develops apace, a significant increase in the number of small business start-ups is being seen. They often have limited resources and are looking for cost effective behind-the-scenes assistance with order fulfilment, plus associated logistics and... plus
Perles dans le Pacifique?
Depuis 1958, le carrier Matson s’est imposé en qualité d’acteur de niche avec ses services conteneurs de la côte ouest US vers Hawaii, l’Alaska et les îles du Pacifique. En 2018, ce sont surtout ses services Californie–Chine qui ont amélioré le résultat. plus
Restructuring results in black figures
SBB Cargo earned CHF 12.9 million in 2018. Restructuring measures enabled the Swiss freight railway to steam back into the profit zone. However, there were several one-off effects last year. For example, depreciation was lower because of the 2017 value adjustment, and... plus