Union Pacific pursues CEO succession process 
Union Pacific Corporation is currently in the process of recruiting a new leadership. Following discussions between the board and Lance M. Fritz, chairman, president and CEO, regarding the path for identifying the company’s next CEO, in March 2022 the board engaged an outside... more
Rotor sails for MOL and Vale's bulk
The Japanese shipping company Mitsui O.S.K Lines (MOL) and the Brazilian mining company Vale International, (Vale) have announced a new environmental initiative. Together, they plan to retrofit a 200,000 t class bulk carrier with rotor sails produced by the Finnish company... more
Sweden replaces Russia as main trading partner
Germany's seaports handled 279.1 million t of goods in 2022, - 3.2% less than in 2021 and 4.9% less than in 2019. As reported by Germany's federal statistical office, the volume of goods received from abroad (-1.5%) fell much less sharply than the volume of goods shipped abroad... more
Special waggons to transport steel coils
Linz (Austria)-based Logserv recently received 30 new 9435 Type Shimmns wagons from railcar leasing company Gatx. The wagons are well equipped for the transport of moisture-sensitive steel coils. The 4-axle Shimmns car type has a sliding tarpaulin cover as well as one... more
New records thanks to international business
Deutsche Post DHL Group once again grew profitably in the past financial year. With revenue of EUR 94.4 billion, the group exceeded its record from previous year by 15.5%. The leap was entirely due to DHL divisions’ international business, although global trade and e-commerce... more
Kansas to upgrade short line railroad network
Kansas has awarded nearly USD 5 million to nine US short line rail maintenance and rehabilitation projects in the state. Six recipients will use the funds for major track rehabilitation and rail replacement; three projects were awarded funds for siding extensions and storage... more
Food retailer builds automated distribution hub
Willi-Food, an Israeli-based specialist for kosher food products, is investing NIS 90 million (USD 24.6 million) in constructing a new distribution centre for chilled and frozen foods. The hub will be automated and computerised. It is designed to effectively and efficiently... more
WDS: a hub near Port of New York & New Jersey
World Distribution Services (WDS) has set up a location in the recently built Linden warehouse and distribution centre in Newark, USA. The facility is located only a few kilometres outside of the Port of NY/NJ and offers space, flexibility, and network support for cross-dock... more
Wan Hai Lines welcomes newbuilding
On 5 March the ‘Wan Hai A01’, a 13,200 teu newbuilding, sailed into the Chinese port of Qingdao on its maiden voyage. The Qingdao Port Group arranged a watergate ceremony for the vessel’s arrival at the terminal. The ‘Wan Hai A01’, 335 m long, 51 m wide and with a draught of... more
A321 conversions for Chinese market
The company 321 Precision Conversions has announced that Sichuan Aviation Industry Development (Said) will buy a number of converted A321-200PCFs. The conversion and heavy maintenance activities will be carried out by Smeco, located in Chengdu (China). The first aircraft, the... more