30 energy efficient locos for Brazil 
The Brazilian provider MRS Logistica has signed an agreement with the manufacturer Wabtec for 30 new Evolution Series locomotives. The deal is valued at BRL 500 million (EUR 93.4 million) and the first deliveries are scheduled for 2024. These additions will allow MRS to... more
More business in retail beyond obvious candidates 
It does't necessarily have to be China and India all the time. The Chicago-founded consultancy Kearney draws a number of conclusions from its latest Global Retail Development Index (GRDI) and sees the global retail landscape "at the crossroads." The report is a... more
Four facilities, two ports
In an acquisition near two major West Coast ports, Centre Point Properties has added four buildings to its portfolio. The company is moving into the South Bay industrial submarket, which is located near the ports of Long Beach and Los Angeles. It now manages 30 total assets and... more
Los Angeles starts 2024 on a high note
The port of Los Angeles handled almost 856,000 teu in January this year. While loaded imports went up to almost 442,000 teu (19% more compared to January 2023), loaded exports did even better. The 126,554 teu in the first month of 2024 represented an increase of 23% compared to... more
Safety and innovation
Union Pacific (UP) plans to invest USD 3.4 billion in 2024. An estimated 56% of the capital plan - USD 1.9 billion - will be used for upgrading and replacing infrastructure, such as rail, ties, and ballasts, and USD 0.6 billion for locomotives and equipment. The US class I... more
DHL: a Mid-Atlantic move
DHL recently relocated its Maryland e-commerce hub to a new site in Manassas, Virginia. The new distribution centre spans almost 13,006 sqm and is close to an international airport. Maintaining its focus on its customer base in Virginia and the Mid-Atlantic states, DHL... more
Real-time booking with integrated data
Wisetech Global and Avianca Cargo have integrated their data to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within Cargowise, a logistics execution platform. As part of the ‘Cargowise carrier connectivity programme’, Cargowise... more
Maritime mourns Angela Chao
Angela Chao, chair and CEO of the Foremost Group has died in a car accident. The daughter of Foremost Group founder James S. C. Chao and sister of former US secretary of transportation Elaine Chao, Angela Chao was named one of marine log’s top women in maritime in 2021. The... more
Four and 45 Dreamliners for Southeast Asian carriers
In Singapore, where one of the world’s biggest air shows is taking place this week, Boeing has announced the purchase of 49 B787 Dreamliners by two companies based in Southeast Asia. Royal Brunei Airlines, which was the region's first carrier to fly the B787 over a decade... more
Eviation renews leadership team
Eviation Aircraft, a manufacturer of all-electric aircraft, has appointed Andre Stein (left) as chief executive officer and Jeff Hurford (right) as chief financial officer. The aerospace veterans will lead the company through the next stages toward certification of the Alice... more