Maritime trade back to pre-pandemic levels
In 2021, international maritime trade recovered to pre-pandemic levels and reached 12 billion t transported, corresponding to approximately 1,5 t per inhabitant of the earth. According to the latest weekly report by analyst Clarksons, international trade by sea in 2021 grew by... more
Schneider National's best year so far
Wisconsin-headquartered Schneider National achieved earnings of USD 532.7 million in 2021 (+86% compared to 2020). The company also reported its Q4/2021 results, with total revenues up 21% compared to Q4/2020, amounting to USD 178 million. Intermodal revenues (excluding fuel... more
Sky Courier: Textron's first for Fedex
Textron Aviation has rolled out the first production unit of its twin-engine, large-utility turboprop, the Cessna Sky Courier, at its manufacturing facility in Wichita. From the Sky Courier’s inception, launch customer Fedex Express and other members of Textron Aviation’s... more
Strengthening landside transport services
A.P. Moller - Maersk is planning to merge with US haulier Pilot Freight Services. Pilot will provide specific new services within the fast growing big and bulky e-commerce segment, thus increasing cross-selling opportunities. The haulier operates a North American... more
Amerijet chooses Smartkargo
Amerijet International Airlines is to implement the Smartkargo system, an integrated cargo management solution. The new cloud-based software will replace Amerijet’s legacy cargo system and provide scalability and greater efficiency. Smartkargo offers a suite of fully... more
Rail district for California’s Central Valley
In USA, the Merced County board of supervisors has approved an agreement with Patriot Rail to establish a rail district at Castle in the heart of California’s Central Valley. The USD 1.2 million rail district will enhance the ability of agricultural producers, manufacturers... more
Jetstream and TAM continue cooperation
Täby Air Maintenance (TAM) has delivered its 25th Saab 340 Cargo Conversion, a 340B with msn 336. The aircraft was brought to Jetstream Aviation Capital of Miami, FL which is also launch customer for the new Saab 2000 cargo conversion programme that the Swedish company revealed... more
More North America for Maersk
A.P. Moller-Maersk will buy USA-based Pilot Freight Services from ATL Partners, a sector-focused private equity firm in New York and British Columbia Investment Management Corporation (BCI) in Canada. The transaction will cost USD 1.68 billion. After Performance Team (PT)... more