From transatlantic to transpacific? 
Transpacific is one thing, transatlantic another. Sea Intelligence, the maritime intelligence provider from Copenhagen, recently analysed the volume of blank sailings on the transatlantic trades. CEO Alan Murphy: "In 2020 there was only a single 2020-1H spike in blank... more
Americold's expansion pays off
For 2020, Atlanta-headquartered Americold reported revenues of USD 1.99 billion, an uptick of 11.4% in comparison to 2019. The company invested both in the extension of its network and in acquisitions, pouring USD 2.6 billion into new units and adding 62 facilities to its global... more
Carriers to pay damages
United Airlines has agreed to pay over USD 49 million to resolve criminal charges and civil claims relating to fraud on postal service contracts for the transportation of international mail. The sum includes USD 17,271,415 in criminal penalties and disgorgement to resolve a... more
Mode marries Avenger Logistics
3 PL Mode Transportation, a Dallas-headquartered company, has purchased Avenger Logistics, a Chattanooga, Tennessee-based freight brokerage firm offering OTR and LTL services in North America. The financial terms of the takeover were not disclosed. The investment bankers at... more
Canadian airport prepares for more cargo
Edmonton International Airport (EIA), which handled 46,000 t of cargo in 2020 (+7.5%), will receive a major upgrade of its cargo operations area, improving transportation capacity for exports and imports to the Canadian province of Alberta. The Canadian government has... more
Scannell Properties expands team in Germany
Jan Lenssen (l.) and Fabian Stratmann have joined Scannell Properties, a US real estate development and investment company specialising in large-scale industrial and logistics projects with offices in Europe. They will focus on project construction management, site management... more
Turn in trade with China?
Statistics for 2020 show a clear shift in the trade flows between China, the USA and the EU. According to European Union statistics, EU states saw an increase in imports (+5.6%) and exports +2.2%) to and from China last year, despite the pandemic. The United States Census,... more
North America: from a route to a network
US transport company Schneider is celebrating the 30th anniversary of its intermodal service offering. In 1991, Schneider launched its first route from Chicago to Los Angeles combining truck and rail transport. Today, Schneider’s intermodal network has over 45 ramps with... more
A transatlantic coalition is forged
Two big industrial ports have a common cause. The US-Port of Corpus Christi, Texas, and the European Port of Rotterdam, Netherlands, have signed a memorandum of understanding for further collaboration. The ports outlined a number of shared objectives, which include... more
Hawaiian cargo carrier orders Florida conversion
Aeronautical Engineers (AEI) from Miami, FL has been awarded a contract to provide Transair with an AEI B737-400SF Freighter Conversion. The Honolulu, Hawaii-based cargo carrier currently operates a fleet of five B737-200F freighters. This will be its first B737-400SF freighter.... more