Knight-Swift acquires UTXL 
Phoenix-based Knight-Swift Transportation has bought all equity interests of Kansas City-based third-party logistics company UTXL for around USD 22.5 million. UTXL specialises in full truckload services in USA, Canada and Mexico. It generated over USD 100 million in... more
25,000 solar panels for Burundi
Bolloré Logistics Portugal has transported more than 25,000 solar panels for the construction of a 7.5 megawatts (MW) renewable energy power plant in Burundi. The operation took place in several stages over a period of four months. A total of 150 teu containers were shipped... more
New aerial solution for isolated communities
Airflow, a Californian aerospace company building a next-gen electric short take-off and landing (eSTOL) aircraft, announced a letter of intent with Ravn Alaska, an Anchorage-based regional airline, to supply 50 airplanes. This agreement brings its total order-book to over USD... more
Two reasons for capacity crunch
Copenhagen-based maritime consultancy Sea-Intelligence has analysed the capacity shortages in maritime transport that are leading to record margins. As there is no global container shipping boom, the company attributes the current shortage of vessel capacity (and of empty... more
Louisiana rail company changes ownership
US transport company Watco has acquired the Geaux Geaux Railroad. The 42 km US class III railroad runs from Slaughter to Zee in Louisiana. It currently serves Hood Container, a paper and packaging corporation. Acquiring the line opens opportunities for exploration in... more
Guillen leaves Tesla
Engineer Jérôme Guillen, who held high-ranking positions at Tesla for more than ten years, left tech billionaire Elon Musk's U.S. electric company on 3 June 2021. The former Daimler executive had joined Tesla in 2010 and most recently was responsible for the heavy truck... more
Haycock to lead Nyshex' new Europe office
As of 2 August, Jeremy Haycock joins the New York Shipping Exchange (Nyshex), a digital container shipping platform championing contract compliance, as managing director for Europe to establish operations on the continent. The Europe office, which will be based in UK, will be... more
IAG Cargo: Guayaquil and key Latam routes
IAG Cargo has started the Madrid-Guayaquil route, increased frequency to São Paulo and Mexico City, and plans to restart regular flights to San Juan, Puerto Rico. The business which includes assets from British Airways, Iberia, Aer Lingus, Vueling and Level now services over 150... more
Rio de Janeiro: more intermodal services
ICTSI Rio has created a new company IRB Logística, to run logistics operations under the long-term lease of Floriano Intermodal Terminal in Barra Mansa, Rio de Janeiro. IRB Logística will take over the terminal operations from Multitex Logistica, starting on 1 July 2021. The... more
First ATR 72-600 for Fedex feeder airline
Empire Airlines which is based in Coeur d'Alene, ID, has taken delivery of its first ATR 72-600F which was delivered and ferried from Toulouse, France, to Spokane, WA at the end of last month. The airline which is performing cargo feeder services in the Western part of the... more