Regent glides the seas for the first time 
The seaglider technology demonstrator of the US company Regent, with the quarter-scale (wingspan 5.5 m) of the projected vehicle, has completed its first series of flights in Narragansett Bay, RI. The first-ever vehicle to successfully utilise three modes of maritime operation -... more
Target promotes Gretchen McCarthy
Brian Cornell has committed to remain as CEO and lead Target Corporation for approximately three more years. Additionally, the company has announced that Arthur Valdez, executive vice president and chief supply chain and logistics officer, will retire from Target. He will be... more
Tool to calculate rail’s carbon emissions
Canadian Pacific (CP) has launched a web-based carbon emissions calculator, giving greater insight into the carbon footprint of railfreight services. Using complex and tailored methods of calculation, the tool allows CP’s customers to explore the impacts of their own... more
SFL opts for two new feeders
The SFL Corporation, an owner and charterer of cargo ships, is acquiring two new eco-design feeder container vessels in combination with long term time charters to a major European liner company. The company expects to take delivery of the vessels from the shipyard in Q3/ and... more
Investment in Manatee's infrastructure
The US department of transportation (DOT) has awarded a federal grant of about USD 12 million to enhance container yard facilities at the Florida-based Sea Port of Manatee on the Gulf Coast. Thus, the port is to run one of the 26 projects for which a total of USD 1.5 billion... more
ANA: faster insights with artificial intelligence
All Nippon Airways (ANA) will be the launch customer for Boeing's Insight Accelerator (IA), a new cloud-based digital solution employing artificial intelligence to improve operational efficiency and avoid high impact service disruptions. While the latest generation of... more
Cargo-Partner: Viva Mexico!
Cargo-Partner has opened a new branch office in Mexico City. The company set up its first representation in Mexico in September 2021 with an agents’ liaison and key account support office in Puebla, serving one of its key customers from the automotive industry. The new... more
Aapa expands government relations team
The American Association of Port Authorities (Aapa) — the unified voice of seaports in the Americas — is welcoming Jen Armstrong and Matt Wiggins to manage Aapa's navigation policy and infrastructure portfolios, respectively. Armstrong will oversee seaport waterside... more
Slump across the board?
Reuters reports that Fedex lost approximately USD 12.5 billion in market capitalisation after it withdrew its original financial forecast on 16 September 2022 and predicted a USD 500 million drop in turnover for 2022. However, some bank analysts did not agree with Fedex’s... more
Continuing to catch up 
Iata ranks leading cargo airlines post Covid-19. Iata’s member airlines improved their air cargo performance when measured in ftk by approximately 18.7% last year, compared to 2020. The improvement vis-à-vis the previous (pre-pandemic) year stood at 6.9%. Some airlines are still... more