26th short line railroad acquired 
The US-transport company Omnitrax has entered into a contract with Iowa Pacific Holding to purchase the assets of the San Luis and Rio Grande Railroad (SLRG) out of bankruptcy. The acquisition marks Omnitrax's 26th rail operation, expanding its network to more than 3,200 km... more
Further expansion into the hot spot Uruguay
The Brazilian cool chain player Emergent Cold Latin America (Lat Am) has acquired the cold storage operations of Frigorífico Modelo, an agro-industrial and logistics company based in Montevideo, Uruguay. This transaction is subject to customary closing conditions – including... more
Mission accomplished
The deal is fixed. After receiving the green light from the authorities, Geodis has completed its acquisition of the American group Need It Now Delivers. Based in Keasbey, New Jersey, Need It Now Delivers operates over 65 company locations and more than 300 interconnected... more
Bringing European e-mobility to North America
German-based Quantron supplies numerous European customers with battery- and hydrogen-electric commercial vehicles for the long-term reduction of C02 emissions. Its Quinton-as-a-service platform also offers a 360° product & solution ecosystem with around zero-emission... more
Milan Bergamo nearly doubles capacity for UPS
As part of Milano Bergamo Airport’s ongoing infrastructural development, the airport has inaugurated new facilities with UPS which will nearly double the logistics corporation’s capacity at the Italian gateway. Providing an area of 5,000 sqm, located in the new cargo... more
US class I railway to expand business
CSX has been chosen as the rail transportation partner for a new USD 2.5 billion low-carbon aluminium recycling and rolling plant built by Novelis in Bay Minette, Alabama (USA). The facility will be the first fully integrated aluminium mill built in USA in 40 years. In... more
Capacities flowing back
The Copenhagen-based maritime intelligence provider Sea-Intelligence recently leveraged the capacities deployed by the carriers with the rates in the market. In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week on... more
Cargolux inks B777-8 Freighter order
Cargolux, Europe’s largest all-cargo airline operating a combined fleet of 30 Boeing 747-8 and 747-400 freighters, and Boeing have finalised an order of ten 777-8 freighters with options for six additional airplanes, with a signing ceremony at Cargolux’s headquarters in... more
Two on one day
On 4 October 2022 Jetstream Aviation Capital, a Miami-based aircraft lessor specialising in regional turboprop aircraft and the largest global owner of Saab 340 and Saab 2000, delivered two Saab 340B(F) to IBC Airways of Miami. They are the first of an ongoing multi-aircraft... more
Shift across South America 
Quito instead of Santiago. Kalitta Air has launched a service between Miami FL (USA) and Quito. The cargo carrier from Michigan (USA) sees the capital of Ecuador as a good alternative to less profitable Latin American destinations, despite the fact that if faces direct... more