Goodman and CPP Investments increase equity commitment 
Goodman Group and Canada Pension Plan Investment Board (CPP Investments) have committed an additional USD 2.5 billion of equity to the Goodman North American Partnership (GNAP), increasing their total equity commitment to USD 5.5 billion. Consistent with the partnership’s... more
Port of Los Angeles under pressure
The port of Los Angeles remains in troubled waters. In January, the Californian port moved approx. 806,000 teu, a 5.4% decrease compared to last year. “We anticipated that tariffs would continue to impact cargo volumes as we moved into 2020, and our January volumes reflect... more
Rock-it Cargo wins award
Rock-it Cargo earned top honours in the transportation company of the year category at the annual Pollstar awards at The Beverly Hilton in Los Angeles, California (USA). Rock-it was one of six companies nominated in the category recognising “outstanding integrity,... more
Many more flowers flown by Latam Cargo
More than 210 Latam Cargo B767-300F took off from Colombia (2.2 times more than in an ordinary week) and Ecuador (+3.5 times), carrying 12,600 t of flowers - 6,600 t from Bogotá and Medellín, and 6,000 t from Quito, for the Valentine’s Day season, the peak of the fresh flower... more
From America(n) with love
From 29 January through 13 February, demand for Valentine’s Day flowers marks one of the busiest seasons for American Airlines Cargo. On average, the airline ships up to 500 t of flowers during this time each year. And the floral love keeps on growing, especially in Amsterdam.... more
USA: high-tech equipment speeds railway's tie cleanup
Union Pacific (UP) is using new high-tech work equipment to remove ties more quickly. The US class I railroad annually replaces between 3 million and 4 million railroad ties along its more than more than 51,500 route kilometres. The new equipment has two giant excavators... more
Etihad Cargo digitally reaches out for Europe
Etihad Cargo has inked a new partnership for Digital Air Cargo with the air cargo rates and eBooking platform "WebCargo by Freightos". This partnership extends Etihad Cargo's digital reach to more than 1,700 logistics providers and forwarder customers globally, with... more
Moving more Canadian goods to international markets
The government of Canada is investing CAD 15 million (EUR 10.3 million) to increase transport capacity and efficiency by reducing bottlenecks on the Western Canadian rail network. The project improves the transport services from the Alberta industrial heartland with the... more
Investment in Jaxport Channel continues
Keeping up public investment, the US federal government has just earmarked USD 93 million for the next phase of deepening Florida's Jacksonville shipping channel to 14 m from its current depth of 12 m. This step is part of the US government's full funding of its portion of... more
UPS expands Mexican air network
UPS has launched a new flight for export shipments out of Querétaro, Mexico, featuring an A300 aircraft with 55 t of cargo capacity. The investment in UPS’s global logistics network gives Mexican businesses more opportunity to take advantage of the USMCA to export their products... more