Paycargo Capital supports transport companies
Paycargo Capital, a sister company of online payment platform Paycargo, has seen a rise in demand for its short-term credit facility during the Covid-19 pandemic. Transport companies and cargo owners that are customers of Paycargo in North America can apply for credit of between... more
Alta appoints executive director & CEO
The Latin American and Caribbean Air Transport Association (Alta) has appointed its future executive director & CEO: José Ricardo Botelho will assume the position effective 1 June 2020. He is Brazilian and has eight years of experience in the aeronautical sector and more... more
Chinese RHI buys Cargotec out of JV
The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore cranes for Kalmar and MacGregor business areas at... more
US short line operator expands in New Hampshire
Vermont Rail System (VRS) has entered into an agreement with US class III railroad New England Southern to purchase certain assets and operating rights in connection with railroad freight operations in New Hampshire, USA. State and federal regulatory approvals of the deal are... more
Amazon Air expands network
Greater Los Angeles San Bernardino airport (SBD), which claims doing its "part to help industry friends through the crisis," has welcomed Amazon Air at its latest aviation tenant, joining over 75 other companies operating at the airport. Sarah Rhoads, VP,... more
Significant decreases in port throughput now over?
The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to previous weeks. Compared to last week, the... more
Berkshire Grey picks new CMO
Berkshire Grey, a robotics and AI company developing retail, ecommerce and logistics fulfilment automation for global companies, has appointed Christine Washburn as chief marketing officer. She joins the executive team and will report directly to Steve Johnson, the president and... more
US class I railway transports for Vulcan Materials
Union Pacific (UP) has delivered 95 gondola railcars loaded with aggregate limestone rock from Medina County, Texas, to the US port Freeport. It is the first rail shipment from Vulcan Materials Company to arrive at the port’s new rail-served Parcel 14 multi-modal industrial... more
US railroad joins research centre
OmniTRAX is the first railroad to join the Georgia-Pacific’s Point A centre for supply chain innovation in the USA. As a member, OmniTRAX is working with leading companies, start-ups and academic institutions to develop tangible solutions for more productive and efficient global... more
ONE to Oakland
The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International Container Terminal for the first time. Each of the... more