DHL is not Fedex 
Deutsche Post DHL Group is celebrating its preliminary results for Q3/2022. A particular focus lay on the group’s ebit, which passed the threshold of EUR 2 billion over the period (Q3/2021: EUR 1.78 billion). Thus, with its group ebit for the first nine months of 2022... more
Locomotive prototype to be trialled in late 2023
In USA, Union Pacific Railroad (UP) and technology specialist ZTR have joined forces to build hybrid-electric locomotives. The locomotives will be built at UP’s North Little Rock, Arkansas, facility with the first prototype expected to be delivered in late 2023 and five... more
Situation on US inland waterways critical
According to Reuters, the water level of the Mississippi River is becoming more and more critical for inland navigation. A certain points, barges' queues are growing. Near Lake Providence, Louisiana, about 100 tow boats hauling some 1,600 barges were lined up waiting to pass... more
HFW continues growth trajectory in Australia
Continuing its growth strategy in Australia, sector-focused law firm HFW has hired shipping lawyer. Ashwin Nair. He specialises in shipping, admiralty and marine insurance, acting for shipowners and charterers and their P&I Clubs and other insurers of marine risks, with a... more
Two more hubs to expand operation
US transport company J.B. Hunt Transport will offer quick access to outbound rail and highway transport after the introduction of a transload facilities in Seattle at the US West Coast and Laredo in Texas. Both new operations will enable J.B. Hunt to transfer international... more
Poseidon, ONE et alia going for Atlas
The takeover of Atlas Corp., the holding with Seaspan as a major global containership lessor in its portfolio, is around the corner. On behalf of a consortium composed of David L. Sokol, chairman of the board of directors of Atlas , certain affiliates of Fairfax Financial... more
Honours for the pioneers of the pallet's triumph
Oliver Richter (1920-2014), an Australian who, as trade manager of Brambles in the 1960s, discovered the potential of a closed rental pool for load carriers and successfully established today's Commonwealth Handling Equipment Pool (Chep) system, and George Raymond Sr.... more
Icao awards Ángela Marina Donato
The ICAO Council has posthumously conferred the Edward Warner Award, acknowledged as the highest honour in the world of civil aviation, on Ángela Marina Donato of Argentina. The award ceremony took place on the opening day of Icao’s 41st triennial Assembly and was led by the... more
Sustainable fleet growing further
US class I railway Union Pacific is investing in electric vehicles: Over the next six months, 67 electric vehicles – 50 Ford Lightning pickups and 17 Ford Mustang Mach-Es – will be delivered to select field locations across the railroad’s US network. Growing its... more
Agility invests in e-mobility supplier
Agility Ventures, the venture capital branch of Kuwait-headquartered Agility, has invested in Loop Global, a USA-based developer of hardware and software for electric-vehicle (EV) charging stations and networks. Loop, which operates in all 50 US states and more than 15... more