Take-overs expand network to 21,000 km
Canadian Pacific (CP) has completed the acquisition of the Central Maine & Quebec Railway US (CMQ US). Together with the earlier take-over of Central Maine & Quebec Railway Canada (CMQ Canada), this completes CP's purchase of the entire CMQ network. CMQ US and CMQ... more
Criminals can't wait for restart of professional sport
While the professional sports leagues NBA and NHL in North America are working on concepts for resuming their playing seasons that were interrupted in March, smugglers are trying to benefit from the fans’ joyful anticipation. At two airports, US customs and border control... more
Paycargo signs with another supply chain partner
Paycargo and IBS Software have concluded a joint partnership that enables rich API-based integration between their industry platforms. The integration of Paycargo's digital payments network with the "iCargo" air cargo management platform aims to help more carriers and... more
Sale of Sheppard to Bendix concluded
In the USA, ZF Friedrichshafen has concluded the sale of Sheppard to Bendix for the price of USD 149.5 million. Sheppard is a major provider of steering technology for commercial vehicles. Bendix is an indirect subsidiary of Knorr-Bremse, which produces braking systems for rail... more
Mriya flies millions of masks from China to Canada
The new Canadian office of Intradco Global, a Chapman Freeborn company and a family member of Avia Solutions Group, in collaboration with GTA GSM, has completed a significant charter operation, transporting 13,000 cartons (totalling nearly 1,000 cbm) of medical supplies and PPE... more
More money for trade corridor in Texas
The Port of Corpus Christi was awarded a grant by the Texas department of transportation (TxDOT) under the 2019-2020 port access programme for safety improvements to the Joe Fulton international trade corridor and Rincon Road leading to the Rincon industrial complex.... more
Analyst issues warnings for June
May 2020 was not as bad for the air cargo industry as the previous month. As indicated in data from Clive Data Services, the industry has passed the lowest point. After a -37% decline in volumes YOY in April, the corresponding figure for May of -31% showed a slight upward... more
Nippon Express acquires MD Logistics
Following an equity purchase agreement concluded with MD Logistics and MD Express, a logistics group operating in the USA, Nippon Express acquired the entire equity interests of MD Logistics through its subsidiary Nippon Express USA on 22 May 2020. MD Logistics is... more
Vietnam sends PPE to the USA
Fedex is helping the Vietnam Red Cross Society transport thousands of donated medical masks to the American Red Cross in the United States. The donation was mobilised to help communities in the USA cope with the Covid-19 pandemic. Vietnam Red Cross Society Nguyen Thi Xuan... more
Merchant fleet officer shortage imminent?
The already existing shortage of officers to crew the global merchant fleet is getting worse. According to the latest manning annual review and forecast report published by the London (UK)-based shipping consultancy Drewry, the reduced attractiveness of a career at sea and... more