US rail company expands in Illinois 
Short line railroad Elwood Joliet & Southern Railroad (EJSR), a newly formed subsidiary of Watco, has acquired a former Railway & Industrial Services (RIS) property in Crest Hill, Illinois, and leased an adjoining rail line that serves RIS and several other local... more
Handling United Cargo in Pittsburgh
Effective today, 8 October 2020, Prosegur will begin managing cargo handling for United Cargo at Pittsburgh International Airport (PIT). Prosegur is a multinational provider of integrated security solutions. It has gained over 35 years of aviation service experience... more
Passing of former NY/NJ top forwarder and broker
Stewart B. Hauser, former chairman of D. Hauser Inc., died on 28 September 2020 at the age of 78. With five decades of industry experience, he had devoted his entire education and career to the facilitation of international trade and transportation as a customs house broker,... more
Port indices climbing worldwide, says Drewry
British maritime analyst Drewry has drawn some conclusions out of the latest development of its global container port throughput index. In July 2020, the index crossed the level of 130 points for the first time this year, but did not reach the same mark as in 2019. Despite... more
Additional rail capacity for Canada’s industry
Cando Rail Services has opened the Cando Sturgeon Terminal in Sturgeon County, Alberta, Canada. The terminal provides additional rail capacity to Alberta’s industy and expands Cando’s national network. With the completion of Phase 1, Cando Sturgeon Terminal can store up to 1,900... more
Two rating agencies on Jaxport's side
One of the Big Three rating agencies, Moody’s, has confirmed the Florida Port in Jacksonville's (Jaxport) rating. The mark remains at ‘A2 Stable’ credit rating. In its report, Moody's investor service put emphasis on the port’s diversity of business, stable revenue, favourable... more
Five more weekly flights between BRU and MIA
As preparations for distribution of a Covid-19 vaccine continue, Miami airport (MIA) welcomed on 1 October 2020 the launch of more all-cargo flights from Brussels (BRU), Belgium, one of Europe’s leading hubs for handling temperature-sensitive pharma products. European Air... more
Digital US contract platform goes Europe
The New York Shipping Exchange (Nyshex), a digital freight contracting platform for container shipping, has raised USD 13.5 million from investors to support further expansion of the business. The company reported that these means will be used to attract new shipper segments and... more
SAL's step over the Atlantic
This may be the beginning of a wonderful marriage. SAL Heavy Lift and Intermarine, two well-known brands in the heavy lift shipping arena, join forces within the Americas and for cross-Atlantic trade. SAL Heavy Lift, a member of the Harren & Partner Group, acquire a major... more
Confidence in shipping on the rise
Carriers seem to be finding the way out of the valley of tears, gradually. One of the Big Three in Ratings, the Agency Standard & Poor’s (S&P), has just upgraded its perspective on the carrier Hapag-Lloyd. The shipping company's credit rating was raised one notch... more