Takeover of CMQ short line railroad completed 
North American transcontinental railway Canadian Pacific (CP) has concluded the transaction related to the acquisition of the Central Maine & Quebec Railway (CMQ). The acquisition of CMQ in the USA is still subject to approval by the surface transportation board. The... more
Transaction strengthens market share in Canada
TIP Trailer Services has completed the acquisition of Trailer Wizards, a major supplier of trailer rental and leasing services in Canada. TIP will now integrate Trailer Wizards with its existing Canadian business, Train Trailer Rentals. This puts TIP in a strong position for... more
Expanding final mile services to grow in the USA
J.B. Hunt Transport Services in North America has acquired the assets of RDI Last Mile. Founded in 1987, RDI provides home delivery services of big and bulky products in the northeast region of the USA. It uses contract carriers to perform primarily furniture deliveries and... more
Big project in San Bernardino
Alliance California, a public-private partnership between the Inland Valley Development Agency, SBD International Airport and Hillwood, achieved a major milestone as the San Bernardino international airport authority commission approved the final ground lease for the Eastgate... more
Shipping confidence at its highest level since 2014
In the last quarter of 2019, confidence in the shipping industry rose to its highest level for 18 months, according to the latest survey conducted by adviser BDO. The average confidence level was 6.4 out of 10.0, compared to 5.8 in Q3/2019. This is the highest rating since... more
Six fatal cargo plane accidents in 2019
Over the year 2019, the Aviation Safety Network recorded a total of 20 fatal airliner accidents, involving civil aircraft of which the basic model has been certified for carrying 14 or more passengers, resulting in 283 (occupant) fatalities. The accident rate is one fatal... more
New system to optimise terminal operations in China
New Oriental International Terminals (LNOIT), part of COSCO, has gone live with Navis’ terminal operating system N4. Located on the southwestern coast of Haizhou Bay in China, LNOIT is the first modern terminal company specialising in international container loading and... more
Iata expects slight improvements for 2020
Iata has forecast that the global airline industry will produce a net profit of USD 29.3 billion in 2020, above the net profit of USD 25.9 billion expected in 2019. If achieved, 2020 will mark the industry’s 11th consecutive year in the black. $ In 2019 cargo traffic turned... more
"Hot" air cargo in Alaska and Australia
The Fairbanks International Airport Police and Fire Department have seized a total of 222.8 l of alcohol, with an estimated street value of over USD 133,000 and 144 g of illegal drugs, destined for rural Alaskan communities in the last six months. These seizures of illegal items... more
United Cargo makes Cape Town debut with WFS
United Airlines has chosen Worldwide Flight Services (WFS) as its cargo handling provider for the first-ever nonstop service by a US carrier between New York EWR and Cape Town, South Africa. WFS has been awarded a three-year contract to serve its three-times weekly B787 flights,... more