Class I to develop rail facility in California
BNSF Railways is planning to invest more than USD 1.5 billion in constructing a state-of-the-art master-planned rail facility in Southern California, the first to be developed by a Class 1 railroad. The Barstow International Gateway will contain a rail yard, an intermodal... more
Clarksons sees "solid maritime conditions"
Maritime analyst Clarksons Research is comparably optimistic in its recent edition of its Shipping Review & Outlook report. The Clark Sea Index, the company's index for ship revenue, witnessed a small setback in September, but remains averaging USD 38,880 per day so far... more
AFS picks Kevin Day
AFS Logistics has appointed Kevin Day as president of the less-than-truckload (LTL) segment. Day has over 25 years of logistics industry experience, including more than eleven years in executive leadership roles. As president of LTL for AFS, Day will serve in both a client-... more
Acia Aero and IPRC to convert three ATR 72-600
Acia Aero Leasing (“Acia”), a provider of regional aircraft leasing and lease management services, and IPR Conversions (Switzerland) Limited (“IPRC”), a supplemental type certificate (“STC”) holder for the conversion of ATR 42 and ATR 72 aircraft into freighters, have agreed to... more
Röhlig expands US activities
Röhlig Logistics has extended its American network by opening an office in Tulsa, Oklahoma. Besides the traditional air and sea transportation, this branch also focuses on the full truck load market. “With its central location in the South-Central region of the United States... more
Hapag-Lloyd strengthens presence in Latin America
Chile-based Saam, a multinational corporation providing services for trade through four divisions (port terminals, towage, inland logistics and air cargo logistics), has signed a binding agreement with the German liner shipping company Hapag-Lloyd for the sale of 100% of the... more
Indian newcomer shows cargo ambitions
Akasa Air and Smartkargo have entered a partnership that will digitally enable the launch and growth of the airline’s new cargo business. The Indian-based airline will deploy the Smartkargo solution in all functional areas of its cargo business, serving all its destinations in... more
Stronger throughput in European ports
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... more
West Hutchison named CEO
Vertical Cold Storage, a developer and operator of temperature controlled distribution centres, has named West Hutchison president and CEO. Hutchison most recently was senior vice president of network optimisation/M&A for Lineage Logistics. Prior to that, he was partner... more
Transpacific services suspended
Geneva-based Mediterranean Shipping (MSC) is discontinuing an entire service due to reduced traffic on transpacific waters, as a "temporary" measure, the shipping line said. The Sequoia service is operated as part of the 2M Alliance jointly with Maersk's TP3 loop.... more