David F. Adam of USMX named person of the year 
The New York/ New Jersey foreign freight forwarders and brokers association has named David F. Adam, chairman and CEO, United States Maritime Alliance (USMX), as its 2020 person of the year. Adam will be honoured at a gala dinner on 6 February 2020 at the Sheraton New York Times... more
Air freight demand down "only" 1.1% in November
According to Iata, air fright demand, measured in freight tonne kilometres (FTKs), decreased by 1.1% in November 2019 compared to November 2018. This marks the thirteenth consecutive month of yoy declines in freight volumes. However, this performance was the best in eight... more
Beverage logistics: Hillebrand takes over Royal
Hillebrand, a global provider in the forwarding, transport and logistics of beverages and other products that require special care, has acquired the entire business of the warehouse and transportation beverage-only provider Royal Logistics and Royal Service Transport (Royal).... more
Atlas Air deal brings B747 back to EL AL
After ending its own freighter operations by returning a B747-400F to its lessor and B747 operations in general, on 3 November last year, EL AL Israel Airline is about to expand its reach and cargo lift for its customers. Under the terms of an ACMI agreement, Atlas Air will... more
Finnair grows cargo business by almost 10%
Finnair experienced strong demand in 2019: cargo performance in early December was still overshadowed by the Finnish postal and support strikes in late November, but available scheduled cargo tonne kilometres increased by 10.9% yoy and revenue scheduled cargo tonne kilometres... more
Wilson Logistics selects EKA platform
EKA Solutions, which provides a transformational digital freight integration ecosystem platform, has announced that Wilson Logistics has chosen EKA Omni-TMS as its next-gen logistics and private marketplace solution. EKA developed this software to manage all the customer’s... more
Cooperation in Brazil
Mercedes-Benz and Bosch have joined forces to build a state-of-the-art vehicle test centre in Brazil. The new centre will focus on testing projects to develop vehicle safety and suspension control as well as on evaluating systems to improve energy efficiency and (semi-)automated... more
World's first LNG-fuelled large coal carrier comes on stream
Kyushu Electric Power has concluded long-term transport agreements to deploy the world's first LNG-fuelled large coal carriers with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsui O.S.K. Lines (MOL). The vessels are expected to become the world's first LNG-fuelled large coal... more
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