Peakstone welcomes MD for transport & logistics 
Al Samouelian joins Peakstone Group as a managing director. He has over 25 years of operational, transactional, and senior leadership experience in the logistics industry and has led buy-side and sell-side transactions with American Backhaulers, C.H. Robinson Worldwide,... more
Westjet Cargo charters on the rise in the Americas
Canada's Westjet Cargo spotlights the growing impact of its charter service, launched one year ago, which offers unparalleled cargo solutions in North and Latin America. With up to 23 t of cargo capacity per B737-800 converted freighter, the service stands out for its... more
Fast intermodal service to Puerto Rico
STG USA and Tote Maritime have joined forces to launch a new rail-focused shipping solution to and from the island of Puerto Rico from anywhere in the USA and Canada. The partnership aligns STG’s vast network of inland routes, ramp access, rail relationships, and 15,000... more
Omnitrax extends its business
The US railways operator closed the third rail transaction in the past six month. The transport company has acquired Central Arizona Commerce Park’s (CAZCP) rail infrastructure and remaining park acreage and becomes the exclusive infrastructure partner of the 2.77 sq km... more
Completing a Chicago cargo campus
At Chicago O’Hare, Realterm has completed its Northeast Cargo Campus. On an area of almost 84,000 sqm, the hub offers the annual capacity for over 100,000 t of cargo. By finishing up Phase III of the campus, the developer has boosted O’Hare International Airport with 12,000... more
Stopping illegal exports of Apple devices
US Customs and Border Protection (CBP) officers seized over USD 100,000 worth of unmanifested Apple products at New Castle, Delaware, on 26 August 2024. The shipment, destined for China, included 469 new Apple items such as iPads, Watches, and AirPods, misdeclared with a... more
Nikola Corporation picks COO
Nikola Corporation, which specialises in solutions for zero-emissions transportation, energy supply infrastructures, via the Hyla brand, has appointed transportation executive Thomas Schmitt as its chief commercial officer (CCO). In his new role, Schmitt will align Nikola’s... more
SGL builds up in Brazil
Scan Global Logistics has acquired Blu Logistics Brasil to further strengthen its presence in South America’s largest country. The takeover gives SGL access to the network of the ocean freight importer, including headquarters in Sao Paulo and seven further offices in the country... more
China promises financial injection for Tazara
China, Tanzania and Zambia have signed an initial agreement to rehabilitate a decades-old railway. The modernisation of the 1,860 km long line of the Tanzania-Zambia Railway (Tazara) will improve rail-sea transport in resource-rich East Africa, the Chinese state-owned... more
At the end of a hot summer for air cargo
Global average air cargo spot rates of 2.68 USD/kg in August were boosted by the continuing imbalance between supply and demand. According to Xeneta’s latest weekly analysis, last month's global cargo supply increased at its slowest ratio in 2024 to-date at 2% year-on-year,... more