K+N: less traffic, more profit
The Schindellegi (Switzerland)-headquartered Kuehne + Nagel Group stuck to profit instead of volumes in Q3/2020. While net turnover and ebit decreased over the first nine months of 2020 with CHF 14.8 billion (-5.7%) and CHF 790 million (-5.9%), ebitda with CHF 1.4 billion was... more
XPO hires Nascimento
XPO Logistics, a global provider of transport and logistics solutions, has appointed Carla Nascimento as transport sales leader for Portugal, Galicia and Asturias. She shares responsibility for the strategic expansion of customer relationships with Carlos Rivero, senior... more
Cargo capacity no longer required
A C-130 Hercules aircraft used as a static trainer for US airmen since the early 1980s finally met its end as part of a defence logistics agency disposition services scrap contract at Hanscom Air Force Base, MA. The 30-m-long aircraft, locally known as "Hulk", had... more
Lombardi to become IICL president
Effective 1 January, Dennis Lombardi will become president of the Institute of International Container Lessors (IICL), a US trade association representing lessors of maritime containers and intermodal chassis. The industry veteran who spent most of his 40-year career in... more
B737 freighter from Wales to Uganda
Prodigy Aviation Solutions (PAS), a provider of aviation services based in London (UK), has transferred a B737-800F to Uganda. With a technical stopover in Cairo, a French crew flew the aircraft belonging to Elite Aviation from Saint Athan (DGX) airport in South Wales to... more
De Fontenay to lead Guadeloupe's development
Nicolas de Fontenay (3.f.l.), CEO of the energy service provider Albioma, has been elected president of the development council of the Grand Port Maritime de Guadeloupe. Joël Toto, representative of the community of communes of Marie-Galante, is vice president of the council.... more
MSC bridged the gap first
The Swiss MSC Mediterranean Shipping Company has discharged cargo originating in the United Arab Emirates in Israel for the first time since the mid-September agreement to normalise relations between the two countries. The container ship MSC "Paris”, operating on MSC’s... more
Railway purchases Detroit River Rail Tunnel
Canadian Pacific (CP) is acquiring the full ownership of the Detroit River Rail Tunnel from OMERS, the defined benefit pension plan for municipal employees in the Canadian province of Ontario for CAD 312 million (EUR 202 million). CP previously owned a 16.5% stake of the... more
New Boeing, damaged Antonov
The South American airline Aer Caribe, which operates a total of ten freighters from two bases in Columbia and one in Peru, took over its fourth B737-400F at the beginning of this month. With the new aircraft, the company intends to expand its network in Latin America and the... more
IRU urges to lower drivers’ minimum age
The International Road Union (IRU) is calling on governments to lower the minimum age for professional drivers to 18 in all sectors. This simple measure will ease long-term driver shortages by guiding school leavers directly into professional training, helping combat youth... more