CMA CGM's sound start of the year 
In his most recent outlook on the carrier's current situation, Rodolphe Saadé, chairman and CEO of the CMA CGM Group, commented: “Despite the uncertainty around global economy, we anticipate an improvement during the second quarter.” CMA CGM Group, member of the Ocean... more
Bermuda scales precisely
The Bermuda Aircraft Registry has reduced its fees for the certificate of airworthiness for corporate and general aviation aircraft. Following a regular review, the fees have been simplified and reduced by approximately 40%. The Bermuda Civil Aviation Authority comments:... more
Cyber risks - on land and at sea
PC security software provider McAfee has reported that between January and April 2020 cloud-based cyber-attacks on all businesses increased by 630%. The coronavirus pandemic is also leaving the maritime and offshore energy sectors vulnerable to cyber-attack, with Naval Dome,... more
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