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
ATA awards Alaska’s safest truck fleet
Alaska West Express (AWE) received the 2018 Alaska Safe Truck Fleet of the Year Award from the Alaska Trucking Association (ATA). AWE was also presented with the accolade in 2016, 2014, and 2013. The criteria for the 2018 safety award included accident frequency rates,... more
New rail hub opens in California
Genesee & Wyoming Railroad (GWR) has opened a new bulk transfer facility on its San Joaquin Valley Railroad (SJVR) subsidiary in Millux CA (USA). Operated by G&W railroads, the new terminal is used to transfer bulk materials, including agricultural, industrial... more
Mahan Air makes a comeback to Saint-Petersburg
Starting today, 3 May 2019, Mahan Air is offering regular scheduled services on the route between Tehran Imam Khomeini (Iran) and Saint-Petersburg (Russia). An A310 aircraft will operate the route twice a week. The Iranian carrier, which has recently banned from... more
Arpin Group appoints Bridget Ritchie to management committee
Bridget Ritchie, vice president global business development – corporate accounts, has been appointed to the Arpin group management committee, which is responsible for making recommendations and implementing the vision of Arpin’s board of directors. The committee also... more
United Cargo names two new European GSA
Effective tomorrow, 1 May 2019, Brainway Airline Services will act as United Cargo’s new sales partner covering Austria, Bulgaria, Croatia, Macedonia, Romania, Serbia, Slovakia and Slovenia. The US carrier thanks its outgoing sales partners in these locations, Air Logistics... more