Omnitrax extends its business
The US railways operator closed the third rail transaction in the past six month. The transport company has acquired Central Arizona Commerce Park’s (CAZCP) rail infrastructure and remaining park acreage and becomes the exclusive infrastructure partner of the 2.77 sq km... more
Completing a Chicago cargo campus
At Chicago O’Hare, Realterm has completed its Northeast Cargo Campus. On an area of almost 84,000 sqm, the hub offers the annual capacity for over 100,000 t of cargo. By finishing up Phase III of the campus, the developer has boosted O’Hare International Airport with 12,000... more
Stopping illegal exports of Apple devices
US Customs and Border Protection (CBP) officers seized over USD 100,000 worth of unmanifested Apple products at New Castle, Delaware, on 26 August 2024. The shipment, destined for China, included 469 new Apple items such as iPads, Watches, and AirPods, misdeclared with a... more
Nikola Corporation picks COO
Nikola Corporation, which specialises in solutions for zero-emissions transportation, energy supply infrastructures, via the Hyla brand, has appointed transportation executive Thomas Schmitt as its chief commercial officer (CCO). In his new role, Schmitt will align Nikola’s... more
SGL builds up in Brazil
Scan Global Logistics has acquired Blu Logistics Brasil to further strengthen its presence in South America’s largest country. The takeover gives SGL access to the network of the ocean freight importer, including headquarters in Sao Paulo and seven further offices in the country... more
China promises financial injection for Tazara
China, Tanzania and Zambia have signed an initial agreement to rehabilitate a decades-old railway. The modernisation of the 1,860 km long line of the Tanzania-Zambia Railway (Tazara) will improve rail-sea transport in resource-rich East Africa, the Chinese state-owned... more
At the end of a hot summer for air cargo
Global average air cargo spot rates of 2.68 USD/kg in August were boosted by the continuing imbalance between supply and demand. According to Xeneta’s latest weekly analysis, last month's global cargo supply increased at its slowest ratio in 2024 to-date at 2% year-on-year,... more
36, 50, 110 – going, going, gone...
Water levels in the Panama Canal. 15 August marked the 110th anniversary of the first official passage of a ship, the USA’s SS Ancon, through the Panama Canal, thus inaugurating the key global channel. This year maritime trade, for which the artificial waterway at the junction... more
Bruce Cutillo hands over the baton
WCA Projects, a project forwarding logistics network, has selected Erwin van der Genugten (right) as its new general manager from January 2025, following the retirement of Bruce Cutillo (left), at the end of this year. Van der Genugten: “Cutillo has done an amazing job in... more
KN's Caribbean collaborations
Kuehne + Nagel (KN) is looking to expand its presence in the Caribbean by appointing three new representative agents in the region. Working with Gulf and Maritime Services in Trinidad and Tobago, which has a large oil and gas sector, KN will be able to ramp up its customised... more