Talking railway tracks
Concessions are sometimes a bit of a hard nut to crack for private operators in Brazil – be they airports or railway lines. In the north of the country the rail operator Rumo is expanding its network’s communications channels, in order to improve its profitability, amongst other... more
Christos Spyrou joins Tiaca’s board of directors
Nominated at Tiaca’s most recent board meeting at the opening of the executive summit in Budapest, Christos Spyrou, CEO and founder of Neutral Air Partner (NAP), has joined the association's board of directors, which will next meet in Istanbul following the world cargo... more
Descartes acquires Peoplevox
Descartes Systems Group has acquired Peoplevox, a provider of cloud-based ecommerce warehouse management solutions. Headquartered in the UK, Peoplevox serves direct-to-consumer ecommerce customers around the world. Peoplevox’s web-based eWMS and ecommerce fulfilment... more
Guadeloupe holds a steady course in 2019
The Caribbean Grand Maritime Port of Guadeloupe (GPMG) has reported its traffic figures for 2019, speaking of "encouraging results". After a record year in 2018, GPMG's freight traffic experienced a slight setback in 2019. The total volumes recorded a decrease of 4% in... more
Cargojet continues to rise
The Canadian air cargo carrier Cargojet has announced financial results for the fourth quarter and year ending 31 December 2019. Total revenues were CAD 486.6 million (EUR 340.4 million), an increase of CAD 31.7 million (EUR 22.2 million) or 7.0% versus the previous year.... more
DSV opens transpacific air cargo service
Because of the reduced number of air services due to the risk of spreading the coronavirus, there is an estimated 5,000 t less air cargo capacity available per day to/from Mainland China. "Determined to assist our customers in tackling some of the resulting backlogs and... more
AAPA names port person of the year
The American association of port authorities (AAPA) has chosen assistant secretary of the army Rickey R.D. James to receive the 2020 port person of the year award for his dedication in leading the US Army Corps of Engineers (Corps) to streamline processes for maintaining and... more
Atlas Air Worldwide cuts capacity
Atlas Air Worldwide's volumes in 2019 totalled 321,140 block hours compared with 296,264 in 2018, with operating revenue increasing to USD 2.74 billion (USD 2.68 billion) and the adjusted ebitda totalling USD 504.8 million (USD 551.3 million). Adjusted net income from continuing... more
Paying tribute to IMO
The Bahamas continues to be one of the first council members to present its annual assessment payment to the international maritime organisation (IMO) in the course of February 2020. The payment to the IMO was transferred in full and in advance of the deadline. The... more
Valsoft takes over Navitrans
Valsoft Corporation, a Montreal (Canada)-based company that specialises in the acquisition and development of vertical market software companies, has acquired Young & Partners/Navitrans International, a technology provider offering a complete and integrated suite of... more