Acia Aero Leasing enters Canadian market 
Acia Aero Leasing (“Acia”), a major provider of regional aircraft leasing and lease management services, announced on the sidelines of the Istat Americas conference that it has leased its first aircraft to a Canada-based airline customer. Bradley Air Services Limited,... more
Key safety measures towards zero accidents
The US railfreight industry has announced a set of steps it is taking in its drive towards a future without incidents and injuries. It aims to ensure that accidents like the collision and derailment of a BSNF fuel train in East Palestine (Texas) last month never happen again.... more
Qantas announces changes at the helm
The Qantas Group is reorganising its group management committee. Andrew David, CEO of Qantas domestic and international, will retire in September 2023. The role of CEO of Qantas domestic and international (which was combined during Covid), will be again split into two... more
Latam adds route to California and Texas
Latam Cargo is launching a new route between South America and USA. The initial frequency of two flights per week on this Quito (Ecuador) - Los Angeles - Houston - Manaus (Brazil) - São Paulo Viracopos route is expected to double, starting in H2/2023 with the arrival of the new... more
Union Pacific pursues CEO succession process
Union Pacific Corporation is currently in the process of recruiting a new leadership. Following discussions between the board and Lance M. Fritz, chairman, president and CEO, regarding the path for identifying the company’s next CEO, in March 2022 the board engaged an outside... more
Rotor sails for MOL and Vale's bulk
The Japanese shipping company Mitsui O.S.K Lines (MOL) and the Brazilian mining company Vale International, (Vale) have announced a new environmental initiative. Together, they plan to retrofit a 200,000 t class bulk carrier with rotor sails produced by the Finnish company... more
Sweden replaces Russia as main trading partner
Germany's seaports handled 279.1 million t of goods in 2022, - 3.2% less than in 2021 and 4.9% less than in 2019. As reported by Germany's federal statistical office, the volume of goods received from abroad (-1.5%) fell much less sharply than the volume of goods shipped abroad... more
Special waggons to transport steel coils
Linz (Austria)-based Logserv recently received 30 new 9435 Type Shimmns wagons from railcar leasing company Gatx. The wagons are well equipped for the transport of moisture-sensitive steel coils. The 4-axle Shimmns car type has a sliding tarpaulin cover as well as one... more
New records thanks to international business
Deutsche Post DHL Group once again grew profitably in the past financial year. With revenue of EUR 94.4 billion, the group exceeded its record from previous year by 15.5%. The leap was entirely due to DHL divisions’ international business, although global trade and e-commerce... more
Kansas to upgrade short line railroad network
Kansas has awarded nearly USD 5 million to nine US short line rail maintenance and rehabilitation projects in the state. Six recipients will use the funds for major track rehabilitation and rail replacement; three projects were awarded funds for siding extensions and storage... more