Board mutations at NYSHEX
Several changes have been made to the board of directors of the New York Shipping Exchange (NYSHEX). Peter Hildebrandt, a Maersk VP and senior transformation partner, now represents carriers, and April Zobel, The Andersons' logistics and export manager, has been selected to... more
International e-platform for box handling is growing
The Israeli shipping line Zim has teamed up with Avantida to offer street turn services in the USA. Avantida's platform facilitates empty container triangulation, or the reuse of an import container for an export booking (street turn). This fully digital process not only... more
Descartes makes NCA Acas-compliant
Descartes Systems Group, a logistics IT provider, has announced that Nippon Cargo Airlines (NCA), operator of airfreight services to 15 cities in Asia, the USA and Europe, is using the Descartes air cargo advance screening solution (Acas) to meet the recent mandatory... more
US short line railroad operates coal hub in Virginia
Kanawha River Railroad (KNWA), part of Watco Companies, has taken over coal car loading on the former Winifrede Railroad, now known as the Big Eagle Railroad, located in West Virginia (USA). The 12 km long Winifrede Railroad, originally built to haul coal, was incorporated... more
Pemco rolls out new conversion programme
Chisholm Enterprises, a provider of tailored aviation and business solutions in the Middle East, will be the launch customer of a new Boeing B737-700 next generation aircraft passenger-to-full freighter conversion programme announced by Pemco Conversions, a wholly owned... more
USA: forging ahead with Carolina Lines project
The US shortline railroad operator R. J. Corman and Horry County government in South Carolina, recently started to press ahead with the USD 17.5 million Carolina Lines refurbishment project, which is expected to take four years. R. J. Corman purchased the former Carolina... more
Revenue over USD 5 billion for YRC Worldwide
The Kansas (USA)-based logistics provider YRC Worldwide reported consolidated operating revenue of USD 5.092 billion for full-year 2018, while consolidated operating income amounted to USD 147.2 million, which included a USD 20.8 million net gain on property disposals. ... more
Redwood Logistics launches parcel service
Redwood Logistics, a full-service, strategically integrated logistics provider based in Chicago (USA), has launched a new service offering an integrated, cost-saving solution for parcel shipping. Redwood's parcel service implements a proven process that combines initial... more
K + N's Toronto branch obtains seafreight certification
Kuehne + Nagel’s branch in Toronto (Ontario, Canada), recently obtained a KN PharmaChain seafreight certification, the company’s 200th certificate worldwide. Kuehne + Nagel customers in Ontario can now benefit from certified capabilities along the entire supply chain.... more
Global freight capacity grows by 3.5% in 2018
The International Air Transport Association (Iata) released full-year 2018 data for global airfreight markets showing that demand, measured in freight tonne kilometres (FTKs) grew by 3.5% compared to 2017. This was significantly lower than the extraordinary 9.7% growth recorded... more