World trade in March: the calm before the storm?
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) went up in 2022, rising by 1.6 points to 119.2 points (seasonally adjusted), according to the latest flash estimate.... more
Hot stuff in cooler cups from Jamaica
US Customs and Border Protection (CBP) officers in Cincinnati, Ohio, in New York City and in Philadelphia intercepted four shipments of cocaine from Jamaica that concealed cocaine inside the insulated walls of four thermos cups. Each shipment consisted of four souvenir... more
Mining operation with battery-electric locomotives
Resources company BHP will purchase four battery-electric locomotives and conduct trials at its Western Australia iron ore rail network. The four locomotives are scheduled for delivery in late 2023. Two will be supplied by Progress Rail and two by Wabtec. BHP will test the... more
AFA initiative against congestion
The Airforwarders Association (AFA) is driving an initiative to help find solutions for five critical issues contributing to airport congestion in the USA. Members of AFA’s airport congestion committee (ACC) met to agree to focus on developing solutions in the areas of... more
WFS hires Tom Lynch
Worldwide Flight Services (WFS) has appointed Tom Lynch as senior vice president, commercial for the Americas to lead the company’s commercial strategy and business development of its cargo and ground handling operations in North and South America. Lynch brings 30 years... more
Another Canadian-US marriage
The Canadian company GTI Transport Solutions has purchased Foxconn logistics, a brokerage company based in Nashville, Tennessee. Foxconn logistics is a non-asset contract brokerage specialising in container management and drayage within intermodal logistics, including... more
CDB Aviation’s first A330 P2F freighter
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has taken delivery of the first freighter aircraft in the lessor’s history, an A330-300 passenger-to-freighter (A330 P2F). The aircraft was converted by Elbe... more
Beth Rooney to head Port of NY&NJ
The Port Authority of New York and New Jersey has announced that Sam Ruda, who has presided over years of record-setting growth at the East Coast’s busiest seaport, is stepping down as director of the port department. Maritime industry veteran Beth Rooney, who has more than... more
Werx's first flight tests
Werx at Wichita State University’s National Institute for Aviation Research has completed the first pre-modification baseline test flight for the Kansas Modification Centre’s 777-300ERCF p2f conversion programme. The three-hour flight was conducted to capture data on the... more
AOI Capital buys RK Logistics in California
RK Logistics Group, a Californian 3PL logistics firm specialising in warehousing and e-commerce fulfilment, has been acquired by a group of investors led by Miami-based AOI Capital, which was founded in 2009. This acquisition marks an expansion of AOI Capital’s participation in... more