Car carriers set a trend
Investments in vehicle carrier newbuilds have risen in recent weeks, according to the intelligence provider Vessels Value (VV). VV's head of vehicle carriers Dan Nash said that in the course of the year, so far, "a total of USD 4.4 billion, including options, have been... more
Pharma Aero examines use of UAVs
Pharma Aero, a non-profit organisation that aims to achieve excellence in reliable end-to-end air transportation for life science and medtech shippers, has published a white paper examining the use of UAVs and drones for last mile delivery of pharma products. George Fenton,... more
Building a bridgehead in Panama
A strategic acquisition: Emergent Cold Latin America (Emergent Latam), a temperature-controlled warehousing and logistics provider, is planning to take over the Galores Group in Panama. This is the company's second acquisition and its first investment in the Central America... more
Ten newbuilds for Canada
Fednav, a major dry bulk shipping group based in Canada, has ordered ten new ocean-going Lakers. The group signed respective agreements to build these vessels with Sumisho Marine and Oshima Shipbuilding in Japan. The first unit is expected to be delivered in mid-2023. Fednav... more
E-vehicles between Canada and USA
Bison Transport now deploys a full battery-electric class 8 tractor in its cross-border regional services between Canada and USA. Bison has partnered with Freightliner in running two full battery-electric vehicles exclusively between Delta BC (Canada) and Washington state (USA)... more
More efficient and cost-effective at EWR
Alliance Ground International (AGI) has opened a new 7,000-sqm off-airport air cargo facility five minutes from New York EWR to process import freight. The cargo handling services provider is also relocating from existing facilities to a 2,230 sqm facility on airport to handle... more
Not only California
The Port of New York and New Jersey moved almost 759,000 teu in July 2021. Cargo volumes went up by 14.5% from pre-pandemic July 2019, which set a new monthly record mark in the East Coast port. Compared to the previous month, cargo volumes increased by 1.3% from June 2021.... more
Will carrier profitability last?
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... more
First CRJ-200 SF and second B737-700FC
Air Wisconsin is about to enter the air cargo market. A regional airline in the USA since 1965 and operating CRJ-200 regional jets for United Airlines as United Express in the Midwest and East Coast, posted a photo showing a CRJ-200 SF "Large Cargo Door" freighter,... more
Largest ever order in South America
Transporter Grupo Prodes in Colombia has ordered 200 Daf for transporting beer, soft drinks and tropical fruit in inhospitable areas. It is the largest order ever for Daf Trucks in South America, the manufacturer said. The vehicles are all three-axle CF 6x4 tractors. The... more