Record growth in air cargo demand – Iata
The newest data from the International Air Transport Association (Iata) shows that, compared to 2023, full-year demand in 2024 increased by 11.3%. With those numbers it exceeded record volumes from 2021, according to Iata. Full-year capacity also rose by around 7%, while... more
Major locomotive order from Guinea
The Wabtec Corporation, a US manufacturer, has secured a USD 248 million order for its ‘Evolution Series’ locomotives and services from Winning Consortium Simandou (WCS). The locos will support rail operations for the Baowu & Winning joint venture at the high-grade iron ore... more
US short line Phoenix Rail formed
The infrastructure manager Ancala has acquired Lehigh Valley Rail Management (LVRM), in order to establish the US short line Phoenix Rail. The firm recently completed the acquisition of LVRM, an owner and operator of short-line railway and intermodal infrastructure in... more
AIT executives in new roles
AIT Worldwide Logistics, a global supply chain solutions provider, has appointed Ray Fennelly as its chief development officer (CDO), and Ann Nemphos as its chief information officer (CIO). This executive management restructuring is in line with the company’s leadership as well... more
Crowning a Colombian candidate
ABC Cargo Logistic has become the Waco System’s Colombian member, enhancing the British network with its local hubs and forwarding portfolio. The company has already been active for almost four decades and has amassed a network of offices at all major Colombian ports; it also... more
Serene through heavy seas
United Heavy Lift launches weather / routing platform, Syroco, a French tech start-up that supports the energy transition in maritime transport, is equipping eleven vessels of a maritime transport services provider for heavylift, general cargo and project freight activities with... more
BNSF upgrading and extending network
The US Class I railway BNSF is set to invest USD 3.8 billion in its network. The largest component is devoted to maintenance projects, including replacing and upgrading railtracks, infrastructure such as ballast and rail ties, and maintaining rolling stock. It will consist of... more
Chilean rail logistician modernising loco fleet
Transap in Chile is investing in fleet renewal and to this end has ordered four C30ACi locomotives from the US manufacturer Wabtec. The investment is required due to growing business and is in line with Transap’s strategy to offer more efficient, safe and sustainable railway... more
Trailer Bridge awarded naval supply contract
Trailer Bridge is set to provide logistics solutions for the US military as part of a five-year multi-award contract from Naval Supply Systems Command. The USD 1.4 billion ‘Worldwide Expeditionary Multiple Award Contract 2.0’ will see Trailer Bridge catering to the military’s... more
Funding and a CEO for Elroy Air
Elroy Air, a leader in middle-mile aerial autonomous logistics, has appointed Andrew Clare as the new chief executive officer to lead the company in its next phase of scaling the company’s hybrid-electric, vertical takeoff and landing aircraft (hVTOL), the ‘Chaparral’. Elroy... more