Goodman and CPP Investments increase equity commitment
Goodman Group and Canada Pension Plan Investment Board (CPP Investments) have committed an additional USD 2.5 billion of equity to the Goodman North American Partnership (GNAP), increasing their total equity commitment to USD 5.5 billion. Consistent with the partnership’s... more
US class I railroad plans new hub in Cleveland
BNSF Railway Company (BNSF) is investing in a new facility, the Logistics Center North Houston at Cleveland (USA). Once completed, the rail-served development is designed to help businesses increase their reach and speed to the densely-populated Houston market and surrounding... more
Port of Los Angeles under pressure
The port of Los Angeles remains in troubled waters. In January, the Californian port moved approx. 806,000 teu, a 5.4% decrease compared to last year. “We anticipated that tariffs would continue to impact cargo volumes as we moved into 2020, and our January volumes reflect... more
Rock-it Cargo wins award
Rock-it Cargo earned top honours in the transportation company of the year category at the annual Pollstar awards at The Beverly Hilton in Los Angeles, California (USA). Rock-it was one of six companies nominated in the category recognising “outstanding integrity,... more
Quickmail continues to grow
Quickmail, Switzerland's only private mail service provider, has grown again: In 2019 Quickmail delivered 106.8 million addressed letters in Switzerland, 8 million more than in the previous year, which corresponds to an increase of 8.1%. Quickmail's share in the addressed mail... more
Many more flowers flown by Latam Cargo
More than 210 Latam Cargo B767-300F took off from Colombia (2.2 times more than in an ordinary week) and Ecuador (+3.5 times), carrying 12,600 t of flowers - 6,600 t from Bogotá and Medellín, and 6,000 t from Quito, for the Valentine’s Day season, the peak of the fresh flower... more
“Curiosity of the Day”
When William of Orange and his wife Mary ascended the throne of England, Ireland and Scotland as William III and Mary II in 1689, British farmers abandoned the traditional purple carrot in favour of the orange variety. more
Paving the way for a new bridge
The German federal government will provide funding to rebuild the Köhlbrand crossing, one of the most important traffic axis over the southern part of the Elbe river in northern Germany, the federal ministry for transport (BMVI) said. Inaugurated in 1974, the bridge is 3,600... more
Transformation in progress
Multimodal terminals operate under their own laws. The signs of the times point to a reduction in the volume of classic goods, such as coal and steel. They are being displaced by a range of products, including temperature-controlled services, recycled building materials or plant... more
One more intermodal service in Austria
Roland Spedition has expanded its range of intermodal services within Austria. Effective immediately, the company offers an additional round trip between Enns and Graz with the option of further transport to and from the seaports Hamburg and Bremerhaven in Germany. The train... more