An interesting year for the port of Montreal 
In December 2019, the Canada Infrastructure Bank announced that it would invest CAD 300 million in financing the port of Montreal’s project to build a new container terminal in Contrecoeur. This optimism seems to be well justified. In 2019, the port of Montreal handled 40.5... more
Mission Critical Electronics: changes at the top
Xantrex vice president and general manager Richard Gaudet is now president of Marine Power at Mission Critical Electronics, Xantrex’s parent company. Gaudet, who joined Xantrex in 1997 worked in a variety of roles before becoming its top leader in 2010. Under Gaudet’s... more
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