Atlas Air Worldwide invests in New York 
Atlas Air Worldwide Holdings has announced the renewal and extension of its corporate headquarters lease in Purchase (NY, USA). Atlas’ plans include adding 100 to the currently 568 jobs and enhancing headquarters offices to accommodate its growing employee base and strategic... more
United Cargo returns to India
After reviewing and re-evaluating plans based on the reopening of Pakistani airspace, United resumes daily nonstop service from New York/Newark (USA) to Delhi and Mumbai (India) from today, 6 September 2019. United is the only US airline offering nonstop service to BOM and... more
Laurels for OPC as a working place
An award was recently given to Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of the Philippines-headquartered terminal and port operator International Container Terminal Services (ICTSI). The affiliate was recognised as among the most attractive companies to... more
Trade tensions weigh heavily on air freight business
Iata's data for global air freight markets are showing that demand, measured in ftk, contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes. Global trade volumes are 1.4% lower... more
Sonoco Thermosafe fills passive bulk packaging gap
Sonoco ThermoSafe, a unit of the US-based Sonoco, a provider of temperature assurance packaging, has created the "Pegasus ULD" line of passive temperature-controlled unit load devices, the first passive bulk temperature-controlled container for pharmaceutical use that... more
New transport hub in Pennsylvania
US transport company Pyle is leasing a 14,000 sqm facility in Greencastle, Pennsylvania. The integrated site will be immediately available to customers and offer integrated LTL & dedicated transportation services guaranteeing next day transit to the Northeast in the US.... more
Canadian railway to expand its reach in New York
Canadian National Railways (CN) has signed an agreement to acquire the Massena rail line from CSX. The US short-line railroad operates 355 km of track between Valleyfield (Quebec) in Canada, and Woodard (New York), in the USA and also serves many cities in the provinces of... more
Fedex broadens its footprint in Latin America
Fedex has agreed to acquire Cargex, an international freight forwarding company with over 25 years of experience and a focus on the export management of perishable goods, and Agencias de Aduanas Aduanamos, an affiliate of Cargex specialising in customs brokerage services.... more
Stadler on track
Switzerland-based rail car manufacturer Stadler generated a revenue of CHF 1.1 billion in H1/2019. Order intake continues its very positive trend: in the first half of the year, it stood at around CHF 2.3 billion, which is around 1.5 billion above the previous year’s result.... more
Adoption of LNG continues
Another step forward for SEA\LNG, the multi-sector industry coalition promoting the adoption of liquefied natural gas (LNG) as a marine fuel. The association has expanded its membership network in the United States with the entry of Houston (TX)-based Stabilis Energy. The... more