Margins to stay, says Fitch Ratings 
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
TT Club concerned over cool chain cargo
There is action required, says TT Club. The analysis of the insurance company’s claims records over the past three years shows that temperature-controlled incidents rank in third place. Almost 30% of these incidents involved a miscommunication of operational instructions... more
Taking over Elbrus in Brazil
With the takeover of Elbrus Assistência Técnica Em Raio X, Simon Hegele Healthcare Solutions, a service partner for OEMs of large medical equipment, has launched its expansion to Latin America. Simon Hegele Healthcare Solutions and its subsidiary GMED offer logistics and... more
Canadian railway wins transport order
Canadian Pacific Railway (CP) has been contracted by A.P. Moller - Maersk to move freight through the Canadian ports of Vancouver and Montreal. The agreement follows upon an announcement made earlier regarding the construction of a new, world-class transload and distribution... more
Partners for the prototype of a further A321 P2F
Sine Draco Aviation Development, a multi-national corporation with headquarters in Nanchang (China) and a subsidiary in Bellevue, WA, has selected Ascent Aviation Services in Tucson, AZ, for modification and completion of its prototype A321 passenger to freighter conversion... more
UPM finds operator for rail line in Uruguay
Finnish forest industry company UPM has awarded a consortium of Christophersen Group, Cointer Concesiones (Grupo Azvi) and Deutsche Bahn International Operations with the management of a 273 km railfreight line in Uruguay. The contract, which has been signed over a period of... more
"Hard" October at US customs
Earlier this month, US Customs and Border Protection (CBP) officers in Chicago seized a shipment containing 15,000 tablets marked and packaged as Viagra 100 mg tablets (photo) and varying brands of honey mixed with Sildenafil. The consignment was shipped by a company in... more
Prologis' balance sheet in 19 countries
Logistics real estate developer Prologis has reported its results for Q3/2020. As of 30 September 2020, the company owned or had investments in ventures, properties and development projects estimated to total approximately 91 million sqm in 19 countries. Moreover, the... more
A new option for Etihad pharma transports
Etihad Cargo, the cargo and logistics arm of the Abu Dhabi (UAE)-based Etihad Aviation Group, partners with CSafe Global, an US provider of active, passive parcel and cell and gene temperature-controlled container solutions, to introduce its latest container, the CSafe RAP,... more
No "aloha" for freight from next month
Hawaiian Airlines, which reduced its workforce by nearly 2,500 employees this month when the coronavirus aid, relief and economic security payroll support programme (PSP) expired, will suspend its "‘Ohana by Hawaiian" passenger flights between Honolulu (HNL) and... more