Performance down, but solid yields for American
American Airlines reports Q4/2019 net income up 27.5% to USD 414 million, with total operating revenues up 3.4% to USD 11.3 billion. For 2019, net income rose by 19.4% to USD 1.6 billion, with revenues up 2.8% to USD 45.7 billion. The carrier returned USD 1.3 billion to... more
Transplace appoints new head
Transplace, a Dallas (USA)-based provider of transportation technology and services, has appointed Greg Sebolt as its new executive vice president of strategic capacity services, the company’s over-the -road truck brokerage business. With more than 20 years specialising in... more
Boeing completes first B777X flight
The new Boeing 777X took to the skies on 25 January 2020, entering the next phase of its test programme. Based on the B777 and with proven technologies from the B787 Dreamliner, the B777X took off at Paine Field in Everett (PAE) for a three hour, 51 minute flight over Washington... more
Marfin opts for fuel check solution
The Monaco-based ship manager firm Marfin Management will use bunker trace to track marine fuel, using synthetic DNA markers at specific points of the supply chain, and record each transaction in a block chain-based solution. It is one of the solutions make businesses comply... more
Wabash restructures its management team
Wabash National Corporation, a producer of engineered solutions for the transportation, logistics and distribution industries, has appointed Mike Pettit senior vice president and CFO. As CFO, Pettit will be responsible for driving Wabash National’s financial performance as the... more
The port of Long Beach looks ahead
At the recent annual state of the port address executive director Mario Cordero was delighted to announce that 2019 had been the port of Long Beach's second-busiest year on record with a throughput of more than 7.6 million teu. Cordero also spoke of looking forward to "a... more
Seko and AG World sign partnership
Seko Logistics and Air & Ground World Transport (AG World) have signed a strategic partnership to create new cross-border growth opportunities for shippers doing business between Asia and the United States as global trade disputes accelerate demand for broader geographic... more
Gary Nemmers joins Magaya's board of directors
Magaya, a provider of logistics and supply chain software, has appointed Gary Nemmers, an accomplished senior software executive, to its board of directors. Nemmers brings extensive experience working with private equity backed software companies and has worked within... more
Delta introduces premium pet transport solution
With the launch of its "care pod" solution, Delta Cargo tries to provide many industry leading features including real-time updates throughout the journey, heralding a new standard of first-class safety and care for pet air travel. VP Shawn Cole: "Continuous... more
Modern technology for Brazil’s rail network
Brazil's largest rail-based logistics operator Rumo has signed a multi-year contract with Globalsat, Inmarsat and Cobham to install a satellite communications across Brazilian railway network. The system will connect Rumo's cargo trains and allows to increase the speed with... more