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
Tiaca kicks off new cargo event series
The international air cargo association has launched a new event series: the "Tiaca 4Cargo" conferences and workshops, designed for subject matter experts and opinion makers in specialised cargo domains. As part of its modernisation programme, the association has been... more
New transload hub for US short line railroad
TNW, a privately held operator of short line railroads and transportation logistics services, opened their third transloading operation in Brownwood, Texas, on the Texas Rock Crusher Railway (TXR) line. The railroad has been serving the rail transport, storage and operations... more
Csafe Global names Patrick Schafer CEO
Csafe Global, a provider of temperature-controlled container solutions, has named Patrick Schafer as the company’s new CEO. Schafer began his career at Csafe in 2012 as CFO, and he has been serving as interim CEO since September 2019. With both US and European citizenship,... more
Two more converted MD-83 for Mexican cargo carrier
Florida (USA)-based aircraft converter Aeronautical Engineers has signed a contract to provide Saltillo, Mexico-based Aeronaves TSM with two additional AEI MD-83SF freighter conversions. The first one will commence modification next month, followed by the second MD-83... more