Plans for a new rail terminal near Moscow
Transcontainer has founded a new company to build and operate a container terminal in the Domodedovo in the south of the Moscow region. The Usady Container Terminal will have a capacity of 424,000 teu per year. After the facility is put into operation, a cargo consolidation... more
Chris Ceraso to join Norfolk Southern
Norfolk Southern Corporation has appointed Chris Ceraso to the newly established position of vice president integrated resource planning, effective 1 October 2023. Ceraso most recently served as executive director at JP Morgan asset management. Prior to joining JP Morgan,... more
ZIM navigates challenges in Q2/2023
ZIM Integrated Shipping Services reports Q2/2023 financial results, revealing USD 1.3 billion in revenues, a net loss of USD 213 million, and adjusted ebitda of USD 275 million. Amid challenging container shipping market conditions, Q2 showed reduced earnings and an 87%... more
Antitrust authorities approve acquisition
Green light for the transaction agreed at the beginning of May: the antitrust authorities have approved the acquisition of 66 % of the business shares of Quehenberger Logistics (Augustin Quehenberger Group) by the Geis Group. "Geis is very well positioned in the areas... more
Connecting Baku with L.A.
Silk Way West Airlines, a cargo airline based the Caspian and Central Asian region, is expanding its US network by adding weekly flights to and from Los Angeles International Airport, one of the world’s largest cargo gateways, handling millions of tonnes of freight annually.... more
"Curiosity of the Day"
John Sebastian unexpectedly left the stage during his performance at the Woodstock Festival – allegedly because he was told that his wife had given birth to their child. more
Choosing the best pallet size
The Pall-Ex Group subsidiary Fortec Distribution Network in UK has extended its product portfolio. After reviewing its list of products, the group decided to introduce the Euro Pallet Base range and the Parcel Pallet. The Euro Pallet Base will include five new products. The... more
Connie Award for maritime industry leader
The Containerization and Intermodal Institute (CII), a not-for-profit association committed to promoting and supporting the business of international trade and transportation and educating its future leaders, is honouring Brenda Martin, former vice president of terminal services... more
MCT resumes MHT shipping service
Mindanao Container Terminal (MCT), part of International Container Terminal Services (ICTSI), has resumed the Mindanao-Hong Kong-Taiwan (MHT) service by Wan Hai Lines. The weekly service, connecting Subic, Cebu, and Mindanao to Hong Kong and Taiwan, has returned due to... more
AIT opens new global HQ in Chicago suburbs
A prominent high-rise building welcomes corporate teams on multiple floors: Corporate teammates for supply chain solutions provider AIT Worldwide Logistics recently moved into a new global headquarters at 2 Pierce Place, Itasca, Illinois (USA). AIT’s chairman and CEO,... more