Coronavirus restrictions likely to affect shipping industry
The shipping industry must prepare for potential restrictions to prevent the further spread of the ‘Wuhan’ coronavirus, Hill Dickinson, a maritime law firm, advises. Beth Bradley, a partner of the Liverpool (UK)-headquartered unit, said that shipping companies should be... more
Gothenburg celebrates all-time record for railfreight
Container freight from the whole of Sweden is being increasingly channelled to the port of Gothenburg by rail. In total, 456,000 teu were transported through the Swedish port by this mode of transport in 2019. This represents an increase by 14% within a year and is the... more
Rock-it Cargos named freight forwarder of the year
Rock-it Cargo, a provider of logistics services to live event shippers, has been honoured with the 2019 Parnelli freight forwarder of the year award. Rock-it non-executive chairman and outgoing CEO David Charles Bernstein was at the 19th Parnelli awards gala in Anaheim, CA... more
Logistics for luxury boats
DHL Supply Chain has signed a new five-year contract to provide logistics services to Sunseeker International, the Poole (UK)-based luxury yacht manufacturer, at a ceremony at the Düsseldorf Boat show. Working in close cooperation with its partner, DHL will manage all... more
An interesting year for the port of Montreal
In December 2019, the Canada Infrastructure Bank announced that it would invest CAD 300 million in financing the port of Montreal’s project to build a new container terminal in Contrecoeur. This optimism seems to be well justified. In 2019, the port of Montreal handled 40.5... more
New locomotives to increase capacity by 20%
Transmashholding (TMH) has launched its new Class 3TE25K2M 3-section mainline freight diesel locomotives with the delivering of the first batch of twelve new locomotives to the Russian locomotive depot in Komsomolsk-on-Amur. The Class 3TE25K2M mainline freight diesel... more
Mission Critical Electronics: changes at the top
Xantrex vice president and general manager Richard Gaudet is now president of Marine Power at Mission Critical Electronics, Xantrex’s parent company. Gaudet, who joined Xantrex in 1997 worked in a variety of roles before becoming its top leader in 2010. Under Gaudet’s... more
Davies Turner launches AEO consultancy services
Davies Turner is now offering consultancy services on the authorised economic operator programme following a surge in enquiries from existing and potential clients. Davies Turner chairman Philip Stephenson says: “As we’ve seen so far, there still appears to be uncertainty... more
Performance down, but solid yields for American
American Airlines reports Q4/2019 net income up 27.5% to USD 414 million, with total operating revenues up 3.4% to USD 11.3 billion. For 2019, net income rose by 19.4% to USD 1.6 billion, with revenues up 2.8% to USD 45.7 billion. The carrier returned USD 1.3 billion to... more
Transplace appoints new head
Transplace, a Dallas (USA)-based provider of transportation technology and services, has appointed Greg Sebolt as its new executive vice president of strategic capacity services, the company’s over-the -road truck brokerage business. With more than 20 years specialising in... more