More money for trade corridor in Texas
The Port of Corpus Christi was awarded a grant by the Texas department of transportation (TxDOT) under the 2019-2020 port access programme for safety improvements to the Joe Fulton international trade corridor and Rincon Road leading to the Rincon industrial complex.... more
Analyst issues warnings for June
May 2020 was not as bad for the air cargo industry as the previous month. As indicated in data from Clive Data Services, the industry has passed the lowest point. After a -37% decline in volumes YOY in April, the corresponding figure for May of -31% showed a slight upward... more
Increased rail capacity to compensate low water level
As the water levels in the river Rhine are alarmingly low, Belgium rail freight operator Lineas is increasing its offer on key trains along the Rhine. From 15 June throughout the summer, fourteen weekly Xpress services and additional capacity to the Mannheim region in... more
Three new rail connections in one go
The Austrian Rail Cargo Group (RCC) has added yet more links to its intermodal transport network. Last Wednesday (3.6.2020) a new train service was launched linking Linz (Austria), Wels (Austria) and Duisburg (Germany) with three round trips per week. A few days ago, RCG... more
DHL says "thank you" in Linz
DHL Express came up with a special gesture to thank frontline workers amid the coronavirus pandemic. A DHL aircraft with rainbow symbols and huge stickers saying "Thank you" shows the express service provider's gratefulness for all essential workers who keep operations... more
More connections between Italy and Greece
The Naples (Italy)-headquartered Grimaldi Group is enhancing its maritime connections between Italy and Greece, where the group is active with the Grimaldi Lines and Minoan Lines brands. Starting from 11 June, the deployment of the ro/pax vessel "Venezia" will add... more
Higher capacity and lower flying level
EFW delivered another A330-300P2F last week. This airplane is special - not only because it is a "triple 7" Airbus aircraft (serial number MSN777) but also because it will be the first high gross weight (HGW) converted A330-300 with a gross payload of more than 62 t on... more
Beacon closes USD 15 million fundraising round
London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.... more
Boosting digitalisation with own IT firm
Russian FTL-trucking company Globaltruck has created an IT company within the group. “Global Truck Information Technology” is designed to enhance the digitalisation of business processes and accelerate the implementation of the group’s plans to develop new services and build... more
Gefco restructures air & sea business
Gefco’s air & sea business has announced a new leadership and a reorganisation in three key sectors: industry, automotive and life science/healthcare. Since February, executive vice president Paul-Henri Fréret has been leading Gefco’s air & sea division. In May,... more