Atlas Air announces results for Q3/2022 
Atlas Air Worldwide Holdings has reported a Q3/2022 net income of USD 60.1 million, or USD 1.79 per diluted share, compared with the net income of USD 119.5 million, or USD 3.91 per diluted share, in Q3/2021. On an adjusted basis, ebitda totalled USD 194.0 million in Q3/2022... more
A comprehensive EV charging infrastructure
Nikola, a specialist for zero-emissions transportation, and the EV charging network Charge Point are joining forces to accelerate the deployment of electric vehicle charging infrastructure for fleets in USA. The collaboration will enable Nikola and its network to resell... more
60 e-tractors for Port of Long Beach
A new project is to replace diesel yard tractors at Long Beach Container Terminal with approximately 60 electric, human-operated yard tractors. The Port of Long Beach has announced that it will receive a USD 30.1 million grant from the US department of transportation to... more
US trucking's new normal?
Knight-Swift Transportation has reported its results for Q3/2022. Its operating income amounted to USD 265.4 million, down 1.7% compared to the same period last year, although the group's revenue grew by 15.5%. These trends continued into October, as supply chains appeared to be... more
Nearly 220,000 trucks recalled
Daimler Trucks North America is recalling 200,000 Freightliner and Western Star trucks. According to a release published by the National Highway Traffic Safety Administration (NHTSA), the brake modulator valves on the front axle may corrode on some Daimler trucks and cause the... more
CPG deblocking boxes
The USA's Container Port Group (CPG), based in Cleveland OH, has launched a new department. The group, which specialises in intermodal drayage and logistics, now has an expedited services team as part of its larger logistics unit, which already has 26 terminals. The team will... more
ADMC orders 53 ‘Rhaegal-A’ VTOL cargo drones
The Arabian Development and Marketing Corporation (ADMC) and the Sabrewing Aircraft Company have stated that ADMC has ordered 53 of the record-breaking heavylift uncrewed aerial cargo vehicles.This event comes on the heels of Sabrewing’s ‘Rhaegal-A Alpha’ aircraft’s world-record... more
Containerport Group picks Gary Ernest
Containerport Group (CPG), an award-winning multimodal transportation provider, has launched a new dedicated division, providing high-volume, high-touch, white glove freight services for customers. In a corresponding move, Gary Ernest has joined CPG as vice president of... more
More than 4,300 vehicles
Ascend has acquired Fuchs Trucking, based in Wisconsin. The acquisition augments capacity and services and deepens Ascend’s footprint in the upper Midwest of USA. Fuchs is the fourth transportation company acquired by Ascend since its launch in January 2022. Fuchs Trucking... more
Latam emerges stronger from Chapter 11 process
Latam Group has completed its financial restructuring process in USA, which it voluntarily commenced in May 2020 to reduce its debt (35% less than pre-filing), access new sources of financing (over USD 2.2 billion of liquidity) and transform its business in response to the... more