Spanish ports benefit from trade transformation
The 46 Spanish state ports handled almost 564,6 million t in the course of the year 2019 - a new historical record mark. Over the last decade (2010-2019), port traffic has increased at an average rate of 3% per year, from 432.5 million t to the current level. In 2019 liquid... more
Budapest airport and Cargolux celebrate partnership
Cargolux was named the “best developing freighter operator 2019” at the annual Budapest airport award ceremony. After 18 years of cooperation between BUD airport and Cargolux, 2019 cemented the two entities’ long-standing partnership. Indeed, Cargolux doubled its weekly... more
A truck for all seasons in Finland
Minus temperatures and icy roads, short days and poor visibility: Winter presents a particular challenge for both trucks and drivers. Vähälä uses the Actros 2663 as a “high-capacity truck” with two semitrailers, reaching up to 34.5 m in length and weighing 76 t in total.... more
A&R Logistics acquires First Choice Logistics
Wind Point Partners and portfolio company A&R Logistics, a North American supply chain services company for the chemical industry, have announced that A&R has acquired First Choice Logistics, a provider of bulk liquid transportation and logistics services to the chemical... more
HHLA beats 2018's figures in 2019
The Hamburger Hafen und Logistik AG (HHLA) achieved a rise in volumes, revenues and operating results in 2019, according to preliminary unaudited figures. In total, 7.6 million teu were handled at HHLA’s container terminals, a 3.3% uptick compared to the previous year (7.3... more
Rick Elieson to lead cargo and international operations
American Airlines has named Rick Elieson, president of cargo, president cargo and vice president international operations. In this expanded role, Elieson will continue to lead the cargo division and assume the leadership of American's international airport operations in 60... more
European airports are growing again
The European airports' association ACI Europe has calculated that its members' freight volumes fell by 1.9% last year compared to 2018 - "the worst performance since 2012". At -1.8%, the downswing in the second half of the year was comparatively consistent, but... more
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