The reasons for damage - and its cost
Marine and transport insurer Allianz Global Corporate & Specialty (AGCS) analysed more than 240,000 claims worldwide between January 2017 and December 2021, totalling a value of around EUR 9.2 billion, and identified a number of loss and risk trends. Fires accounted for... more
Planning more sustainability initiatives
At the Netherland-America Foundation's (NAF) prestigious annual ball on Friday, 18 November in New York, Air France KLM Martinair Cargo (AFKLMP Cargo) presented its sustainability award to this year’s prize winner DHL Global Forwarding. This award, which was received by DHL... more
Rail bridge open for traffic
The new BNSF rail bridge over Lake Pend Oreille, Idaho (USA) has now been completed. It was opened to trains this week. The new bridge is 1,485 m long and comprises 49 spans and 224 precast concrete girders. The added bridge will reduce congestion and help move freight more... more
Rigid, semi-rigid, blimp? Certainly determined!
Airship projects on the go in France. The English enterprise Varialift Airships has had to abandon its project, launched in France five years ago (see also ITJ Daily of 16 September 2022). Flying Whales and Voliris seem to be making progress, however. A look at two similar and... more
Sam Gilliland takes the helm at Accelya
Accelya, a global provider of technology solutions to the travel industry, has appointed Sam Gilliland as its chief executive officer. A recognised industry veteran, Gilliland spent 25 years at the Sabre Corporation starting out as a software engineer. He held a number of senior... more
Short line railroad changes hands
US class I railway Norfolk Southern (NS) will acquire substantially all of the assets of the Cincinnati Southern Railway (CSR), a 540 km railroad that runs from Cincinnati, Ohio to Chattanooga, Tennessee. The CSR is currently owned by the city of Cincinnati and operated by the... more
Hapag-Lloyd promotes Stuart Sandlin
Hapag-Lloyd has appointed Stuart Sandlin to replace Uffe Ostergaard as president of its North America region. Sandlin, who is currently senior vice president (SVP) of sales for USA, will assume his new role on 1 January 2023, while Ostergaard will leave Hapag Lloyd to take up... more
First B747 freighter for Kuehne + Nagel
Kuehne + Nagel is expanding its air freight network by chartering the entire capacity of the very last two B747-8F aircraft delivered by Boeing. The logistics services provider has now put into operation its first B747-8F as part of the long-term charter agreement with Atlas... more
Port of Oakland still standing
The Californian Port of Oakland on the US West Coast witnessed an uptick in its October 2022 throughput. Total loaded container volume grew by 5.9% compared to October 2021. The port handled almost 146,000 loaded teu compared to 138,000 teu in October 2021. Full exports... more
Expeditors cautiously optimistic
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q3/2022. Revenues increased by 1% to USD 4.4 billion, while operating income rose by 8% to USD 527.0 million. Freight volumes dropped, however. Air freight tonnage volume and... more