FedEx to open new facility in Istanbul
FedEx Express Europe, a subsidiary of FedEx Corp., has signed an agreement to build a new global air transit facility at IGA Istanbul Airport (IST) by November 2024, reflecting the rapid rise of IST as a strategic cargo hub connecting businesses across six continents. Its... more
Dallas rail transload hub under new leadership
USA-based Jaguar Transport has entered into an agreement with Loup Logistics, a subsidiary of Union Pacific Railroad (UP), to operate the Dallas Transload Solution (DTL) in Texas. The facility connects with UP and features three transload tracks, trucks scales, covered storage,... more
Eroad relocates headquarters to San Diego
Eroad, a provider of fleet performance management, announced the relocation of its North American headquarters from Portland, Oregon, to San Diego, cementing the region as the epicentre of fleet technology in the USA. The company has also bolstered its leadership team with... more
Airbus/Latam to fund MIT study on decarbonisation
Airbus and Latam Airlines Group have funded a study at the Massachusetts Institute of Technology (MIT) Joint Programme on the science and policy of global change. The study, entitled "Options for Decarbonising Aviation in Latin America in a sustainable way: an... more
Former CFO becomes CEO
After a three-month search reviewing candidates from all parts of the USA and the industry, the Port of Corpus Christi Commission voted in a special meeting on 6 September 2023 to promote Kent Britton, CFO of the Texan port since 2019, to the position of full-time CEO. He has... more
US class I railway pursues its net zero goal
The Union Pacific railway (UP) allocated 100% or USD 590.8 million of the proceeds from its green bonds issued in September 2022 to sustainable projects to upgrade existing rolling stock, expand network capacity and promote the modal shift of freight to lower-carbon rail.... more
Bengaluru sets new benchmark for mango exports
In 2023, Kempegowda International Airport Bengaluru (KIAB/BLR Airport) processed an export of 6,84,648 kg of mangoes, more than doubling (+124%) the 3,05,521 kg exported in the previous year. Furthermore, this season's exports saw an 86% increase in the number of pieces,... more
B787 cargo door still made in Sweden
Boeing has renewed its partnership with Saab for the manufacturing of large cargo doors, bulk cargo doors and access doors for the Boeing 787 Dreamliner. The framework agreement is an extension of an existing contract signed in 2004, which has seen the Swedish aerospace company... more
Rhenus Group: acquisitions in Latin America
Rhenus Group is further expanding its presence in the Latin America (Latam) market. The company has announced its acquisition of Colombia-based BLU Logistics and a majority shareholding of LBH Group. Rhenus Group has established operations in Argentina, Brazil, Chile,... more
Canada: tank trunk network extended
North American transport specialist TFI has acquired Vedder Transportation Group, which specialises in the shipment of food grade liquids and dry bulk commodities. Founded in 1956, Vedder was one of the first companies in Western Canada to use tanker trucks to transport... more