Carbon neutral warehouse for UK’s Midlands 
PGS Global has invested GBP 10 million (EUR 11.3 million) in developing the greenest storage and distribution hub in central England to support the growth of European manufacturers and retailers. The purpose-built carbon neutral warehouse is attracting strong interest from... more
Asian markets to expand till 2030?
It is not necessarily only Asians which are expecting their markets to boom. A recent study conducted by UPS emphasises that "Asian markets are becoming the global epicentre for new consumer demand." According to these findings, trade among twelve key markets in... more
From two railroads to five in one stroke
Gulf & Atlantic Railways (G&AR) has signed an agreement to acquire three midwestern short line railroads from Midwest & Bluegrass Rail. Camp Chase Railroad, Chesapeake & Indiana Railroad and Vermilion Valley Railroad are located in Ohio, Indiana and Illinois,... more
ONE now holds 28.7% of Poseidon
Poseidon Acquisition Corp., an entity formed by certain affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, chairman of the board of Atlas, and Ocean Network Express (ONE) and certain of their respective affiliates, has... more
A long-term agreement at Port of Gulfport
Under a twenty-year term agreement with the Mississippi State Port Authority which came into effect on 23 March 2023, Ports America will invest USD 43 million to develop the vacant Terminal 4 at the Port of Gulfport (Mississippi) into a cargo-handling terminal. This will not... more
Calgary’s new transload hub to open next year
Canadian National Railways (CN), Trealmont Transport and Kaptan US have reached an agreement to develop a multimodal transload facility within CN's Calgary Logistics Park. The new logistics facility is planned to go live in Q3/2024 and will transload containers originating... more
Dnata chooses Phil McGrane for Brazil
Global air and travel services provider Dnata has promoted Phil McGrane to CEO, Dnata Brazil with immediate effect. In his new role, McGrain will lead Dnata’s overall strategy and business in this country. McGrain has been with Dnata for over ten years. Since last July,... more
Continuing expansion in Latin America
Menzies Aviation is launching new ground and air cargo services in Costa Rica and Chile. In Costa Rica, the company has been awarded licenses to operate ground services at Juan Santamaría International Airport (SJO), and at Liberia Guanacaste Airport (LIR). Additionally,... more
Jaxport and Aruba sign MOU
State of Florida CFO Jimmy Patronis and Aruba prime minister Evelyn Wever-Croes have signed an MOU at the port of Jacksonville (Jaxport) to mutually promote business and tourism opportunities between the two regions, share best practices on port operations and environmental... more
Black cat now gliding on path of innovation
Regent, a USA-based creator of all-electric seagliders that connect coastal ports at speeds up to 290 km/h, has announced a strategic investment from Yamato Holdings, Japan’s largest parcel delivery and logistics company. This venture signifies the expansion of... more