Shortline railroad changes ownership
Canadian Pacific (CP) will acquire the Central Maine & Quebec Railway (CMQ) from Fortress Transportation and Infrastructure Investors (FTAI). CMQ owns 774 km of rail lines primarily in Quebec (Canada) and Maine (USA). The end-to-end transaction will provide CP customers... more
More Australian perishables flying into the Philippines
Australian fresh fruit producers can take advantage of 33 weekly flights and newly approved local cold treatment facilities to boost exports to the Philippines. If suppliers do not have an accredited facility, they can work with the facilities on the revised list to have their... more
Global container throughput keeps rising
In the course of the month of October, the container throughput index released by the RWI – Leibniz Institute for Economic Research and the institute of Shipping Economics and Logistics (ISL) kept going up moderately by 0.6 points to 139.9 this year. At the same time, the... more
B&H Worldwide picks general manager for the Americas
To further strengthen its international senior management team, B&H Worldwide has appointed Michael Pearson to the newly created position of general manager – Americas. Based from the company’s Los Angeles office, he is tasked with developing the Americas market for B&H... more
Making ore transports more efficient and sustainable
Work on TransANT, a pioneering wagon innovation for the international freight transport market, began in 2018. This joint venture is based on cooperation between the Austrian Rail Cargo Group and the steel group voestalpine. The first wagons, which consist of 13 double units... more
Long-standing contract renewed
Ceva Logistics has been awarded a new three-year contract to handle warehousing services and inventory management for Michelin at its Valladolid facility in north-western Spain. Using a space of some 55,000 sqm within its Valladolid facility, Ceva Logistics handles warehousing... more
New central Asian air cargo carrier
Kyrgyz Airlines Plus, a private cargo company founded by Almaz Matmusaev and Jenish Orozbaev (CEO) and owned by several citizens of the Kyrgyz Republic, has appeared on the Kyrgyz air market. Earlier this month, an A300B4 landed at Manas airport, serving the Kyrgyz capital city... more
Piraeus-Rijeka intermodal express service is up and running
Led by Cosco Shipping and railfreight partner Ocean Rail Logistics, a new service recently started from the Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (Ictsi), at the port of Rijeka. The new service... more
Jaxport welcomes experienced foreign trade zone expert
The Jacksonville port authority (Jaxport) reports that experienced foreign trade zone expert Deborah Lofberg has joined the commercial team as foreign trade zone manager. In this position, Lofberg is in charge of Jaxport’s foreign trade zone No. 64, serving existing customers... more
Kale Logistics Solutions partners with Khimji Ramdas
Kale Logistics Solutions has partnered with Khimji Ramdas’ information & technology division (KICT), a part of the Khimji Ramdas group, which is an established business conglomerate in the Sultanate of Oman. KICT and Kale Logistics Solutions will invest in developing new... more