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
Marfin opts for fuel check solution
The Monaco-based ship manager firm Marfin Management will use bunker trace to track marine fuel, using synthetic DNA markers at specific points of the supply chain, and record each transaction in a block chain-based solution. It is one of the solutions make businesses comply... more
Boeing completes first B777X flight
The new Boeing 777X took to the skies on 25 January 2020, entering the next phase of its test programme. Based on the B777 and with proven technologies from the B787 Dreamliner, the B777X took off at Paine Field in Everett (PAE) for a three hour, 51 minute flight over Washington... more
Light swap body improves carriage of heavy coils
Move Intermodal, Belgium, has added 100 Kaessbohrer coil swap body vehicles to its fleet. The light coil swap body K. SWAU CC with a length of 13.7 m was designed and produced by Kässborer in corporation with its customer Move Intermodal to increase the efficiency of coil... more
Rahn Consulting and first mile join forces
Two players in the courier, express and parcel services and logistics sector have formed a strategic partnership. Dirk Rahn (owner of Rahn Consulting) and Wolfgang Beecken (managing partner of first mile) will pool their market presence and sales activities for their companies... more