Dramatic rebound for XPO Logistics? 
USA-based XPO Logistics has reported its financial results for the third quarter 2020. Chairman and CEO Brad Jacobs: “Our business rebounded dramatically in the third quarter. Revenue, adjusted ebitda, adjusted EPS and free cash flow were all decisively higher than... more
Best-ever month for Canadian grain transport
Canadian Pacific (CP) set a new record for shipping Canadian grain and grain products in October, with 3.04 million t moved, the first time ever CP has exceeded 3 t in a month. This breaks the highest-ever record for a month, set in April 2020, by 6.9%. It also betters the... more
Vels wholesales for everyone
A new airfreight wholesaler has been launched by long-serving Dutch airfreight specialist Rinaldo Vels, particularly targeting non-Iata-licenced forwarders, courier companies, trucking companies, e-commerce forwarders and nextgen digital forwarders. Based near Amsterdam... more
YRC Worldwide names interim CFO
YRC Worldwide, the Kansas-based holding company for a portfolio of American logistics brands including Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics, has announced that Jamie Pierson has resigned as the CFO and from the board of directors. This departure does not... more
Singapore sends hot signals to the cargo world
Today, 9 November 2020, Singapore Airlines (SIA) makes its return to New York, when it launches nonstop flights to JFK. Operating to JFK (instead of ERW, which was served before the pandemic restrictions) with Airbus A350-900s will allow SIA to better accommodate a mix of PAX... more
Terminal in Halifax completed
The extension of the South End Container Terminal, operated by PSA Halifax, at the Port of Halifax in Canada is now operational. The first vessel to call the new terminal is the “Zim Tarragona”. With the extension, the terminal now has the longest and deepest container berth... more
Five US shortline railroads change hands
Jaguar Transport has acquired five short-line railroads and a railroad construction and maintenance company from The Western Group (TWG). The railroads involved in the transaction are Cimarron Valley Railroad (in Southwest Kansas, Northern Oklahoma, and Eastern Colorado),... more
Ship Track has a new owner
The Descartes Systems Group, a Canadian multinational technology company specialising in logistics software, supply chain management software and cloud-based services for logistics companies, has acquired Ship Track, a leading provider of ecommerce final-mile solutions. The... more
Big pharma shipment for Brazil
The transport of pharmaceutical products is of course a common task for Latam Cargo, however, the second last weekend, the company carried out a special assignment: a massive transfer of this delicate product from Europe to South America, thanks to the trust that Hellmann... more
Confirmed results from North Carolina
Industry veteran Doug Vogt joins the North Carolina State Ports Authority as its next COO. He brings over 20 years of port and terminal operations experience to NC Ports, most recently serving as VP of operations, equipment and maintenance for Tropical Shipping in Riviera Beach,... more