J.B Hunt gets off to a good start in 2022
In Q1/2022, the USA-based J.B. Hunt group saw its revenues grow by 33.2% to USD 3.49 billion, compared to USD 2.62 billion in Q1/2021, while operating income increased by 66% to almost USD 243.3 million. All segments contributed to the revenue growth versus the prior year... more
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
CSafe Global expands executive team
Koby R. Kreinbring has joined Csafe Global, a specialist for temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, as general counsel. Kreinbring brings more than 20 years of experience in corporate law with more than a decade in the... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Chemical transporters awarded
Union Pacific Railroad (UP) in USA has honoured 70 companies with the 2021 pinnacle award for their dedication and commitment to safely transporting chemicals by rail. The annual award honours customers who implement release prevention protocols, corrective action plans and... more
AGI takes Roger Larreur on board
Alliance Ground International (AGI), a provider of air cargo handling, freighter ground handling and airport security services, has appointed Roger Larreur as its chief commercial officer (CCO). With over 30 years of experience in the sector, Larreur has managed accounts for... more
"Air taxi" for freight
Endecots Taxi Aéreo, which has been operating feeder flights in Ecuador for over 30 years, is planning to expand into the cargo business. An application for an operating licence was recently submitted to the national authorities. From Quito and a second location in... more
US short line rail road expands in Pennsylvania
Reading & Northern Railroad (R&N) has acquired a campus in Carbon County (Pennsylvania, USA) consisting of a complex of nine buildings and a number of heavy cranes systems that can lift equipment of varying weights. The facility is situated in the middle of the R&N... more
Natilus to build 3.8 t aircraft in San Diego
Natilus, a US company which produces the world’s first purposefully-designed and manufactured autonomous aircraft for air freight transport, is building new engineering and manufacturing facilities for its family of aircraft on San Diego’s Brown Field. “As the design of the... more
Coal transports reach a record high
Indian Railways (IR) has intensified its coal transports. During the year 2021-22, the state-owned railway augmented its coal shipments by a record 111 million t, thus loading a total of 653 million t of coal, 20.4 % more than the year before. Furthermore, during the period... more