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
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
Leaving Basel after almost ten years
AFG Aviation Ireland has sold a B747-8JA (serial number 40065) to Boeing. The wholly owned subsidiary of Aircraft Finance Germany ferried the aircraft on 15 April 2022 from Basel, Switzerland to Marana, Arizona, where it will very probably be scrapped. Yet the wide-body aircraft... more
New air/road service from China to Mexico
3PL Dimerco has launched a new product for customers shipping automotive components from Southern China to a common manufacturer in Mexico. The company said in a press release that fifteen manufacturers of the metal stamping and die industry based in Southern China share a... more