Paycargo picks Lionel van der Walt as CEO USA 
Paycargo, which operates a patented online payment system in the global freight industry providing overnight settlement of invoices between shippers and carriers, has appointed Lionel van der Walt, a veteran of the air cargo industry with more than 20 years of international... more
China Airlines to introduce new freighter model
China Airlines (Taiwan) and Boeing (USA) have signed a memorandum of understanding for three firm and three option aircraft orders for B777 freighters. Before 2016, China Airlines introduced a total of ten B777-300ER passenger aircraft. A current B777-300ER pilot could... more
B767 operations keep ATSG flying high
Air Transport Services Group announced three-year extensions of agreements under which subsidiaries of ATSG will continue to lease fourteen B767F to DHL and operate eight of those aircraft within DHL’s North American network. ATSG President and CEO Joe Hete: "We are... more
Terminal network gets links to class I railroads
USA-based Watco has entered into a joint venture with SCH Services (SCH) to create an inland terminal network in the four rivers area of Illinois-Kentucky capable of handling bulk materials. Watco’s Cora terminal in Illinois along with the SCH’s Calvert City terminal and... more
US class I railroad expands services in New Mexico
US-based Union Pacific Railroad (UP) is undertaking a USD 20 million project at its Santa Teresa intermodal terminal and refuelling station in New Mexico. The project's focus is on adding another block swap yard that will allow to add container blocks to passing trains... more
Canadian cargo carrier facilitates foreign investment
On or about 8 May 2019, Cargojet's common and variable voting shares will trade on the Toronto stock exchange (Canada) under the single ticker "CJT", will bear CUSIP / ISIN numbers 14179V503 / CA14179V5036 and will be designated for the purposes of trading on the TSX... more
Champ's solution remains DB Schenker's choice
Building on a relationship of more than 25 years, DB Schenker has renewed its agreement with Champ Cargosystems for its "Traxon cargoHUB" solution. The global player on the air freight and ocean freight market will continue to deploy the host-to-host solution for... more
US forwarder buys 500 tractors and 210 trailers
Roadrunner Transportation Systems, headquartered in Illinois (USA), is investing in additional fleet assets to keep freight moving efficiently throughout its networks. Capital plans for 2019 include the acquisition of over 500 sleeper and day-cab tractors and the acquisition or... more
Approval for JFK air cargo modernisation plan
The Port Authority Board of Commissioners of the Port of New York and New Jersey (Panynj) has authorised the second phase of a multi-tiered cargo modernisation plan at John F. Kennedy international airport, with the signing of a 31-year lease with the company JFK Air Cargo to... more
UPS grows in international segment
UPS has announced that its Q1/2019 earnings were strengthened by higher-quality revenue and benefits from investments in its global network. Consolidated revenue increased to USD 17.2 billion, driven by gains in average daily volume and higher-quality revenue. US domestic... more