Wisetech Global's next coup
Sydney (Australia)-headquartered Wisetech Global (WTC), developer of the logistics software Cargowise, recently acquired the US-based company Blume Global (Blume). Amongst others, Blume provides a software solution facilitating intermodal rail in North America. The price of... more
Kick-off for French Monitor Project
Wabtec, Fret SNCF and regional operator RDT13 have launched the Monitor Project, the first innovation project of the French “Railfreight of the Future” coalition to accelerate the development of the country’s railfreight industry. The project, funded by the French state,... more
Global X: 100 cargo flights to Cuba
This year and starting today, 21 February 2023, Global Crossing Airlines Group will operate over 100 cargo flights with its A321 Freighter to Havana, Cuba on behalf of OFAC approved operator Cubamax. “We are delighted to be working with Cubamax to provide two weekly cargo... more
A good 2022 for GXO
In its results for 2022, GXO, as US 3PL formerly part of XPO, achieved a turnover of USD 9 billion, up by 13.3% compared to 2021 (USD 7.9 billion in 2021). Net income attributable to GXO increased to USD 197 million, compared with USD 153 million for 2021, and the pro forma... more
Targeting markets in Southeast and Midwest
APM Terminals Mobile is extending its rail infrastructure capabilities: a USD 60 million rail expansion will double capacity in response to demand for more supply chain gateway options and inland rail logistics. Additional tracks, railyard storage space and improved access... more
Ethiopian: new freighter flights from today
Ethiopian Cargo & Logistics Services, one of Africa’s largest network operators, has started two weekly freighter flights connecting Xiamen with São Paulo and Santiago via Addis Ababa. Ethiopian is launching two weekly freighter flights between Shenzhen and Liège today, 17... more
Cargo growth for Bengaluru Airport
For the second year in a row, Bengaluru airport has gained the title of No.1 airport for perishables in India. It is now identified as the country’s third busiest airport processing international cargo. BLR Airport is South India's sole airport and India's second airport to... more
Truckloads: operating income up more than 50%
TFI International, a North American transport company, successfully capped 2022 with strong fourth quarter results. Total revenue was USD 8.81 billion for 2022 versus USD 7.22 billion in 2021. During 2022, total revenue grew 1% for package and courier, 43% for... more
A record result for an anniversary
The Canadian Port of Trois-Rivières, located on the St. Laurence River between Québec and Montréal, reached a peak in throughput in 2022. A total of 4.3 million t of cargo passed through the port, up 10% from 2021 and beating the 2019 record of 4.2 t. While dry bulk... more
E-trucks emit 63% less GHG than diesel
According to a study published by the International Council on Clean Transportation, battery electric trucks (BEV) produced in Europe today can deliver the largest greenhouse gas (GHG) emission reductions over their lifetime. A 40-t BEV that was put into service in 2021... more