New rail line to serve markets in Texas and beyond 
Southwest Gulf Railroad (SGRR), a US shortline railroad, has officially broken ground on the Medina Line, a common carrier railroad located approximately 50 km west of San Antonio TX. Expected to be finished in 2019, the 15 km line will help customers leverage SGRR's unique... mehr
Rail connection upgrade for port’s industrial park
The economic development administration, part of the USA's US department of commerce, is awarding a USD 700,000 grant to the central port district in Granite City IL, to spur business growth at the port’s intermodal industrial park. The project will help to construct, inter... mehr
Seabury appoints new senior advisor
David M. Turnbull has been appointed senior advisor at Seabury Capital. He will facilitate the company's expansion of its global product and advisory service offerings. Turnbull joined the Pacific Basin Board as an independent non-executive director in 2006, and was appointed... mehr
Cyberattack costs USD 300 million
The US integrator Fedex reported earnings of USD 2.19 per diluted share (USD 2.51 per diluted share on an adjusted basis) for Q1 ended August 31, compared to USD 2.65 per diluted share (USD 2.82 per diluted share on an adjusted basis) a year ago. Both as-reported and adjusted... mehr
XPO names Malcolm Wilson CEO Europe
Malcolm Wilson has been named CEO XPO Logistics Europe. He follows on from the company’s global COO Troy Cooper who had had the additional task of XPO Logistics’ European CEO since 2015. Richard Cawston has been promoted to managing director – supply chain, Europe, the position... mehr
Corrado takes on COO role at ATSG
Richard F. Corrado has been elected COO of the Air Transport Services Group (ATSG), by its board of directors. Corrado has been chief commercial officer of ATSG, a provider of aircraft leasing and air cargo transportation, since 2010, as well as president of its Cargo Aircraft... mehr
Airbus US plant receives 50th shipset
The Airbus US manufacturing facility in Mobile AL recently reached a key milestone when it received the 50th shipset of major component assemblies (MCAs) just two years after taking delivery of the first shipset. The components will eventually become the 50th Airbus aircraft... mehr
Three more members for Pharma.Aero network
Pharma.Aero has welcomed an additional three entities into the organization. Two of the air cargo stakeholders are the companies Expeditors and Envirotainer, while Montevideo Free Airport becomes the network's seventh airport member, taking the total number of companies in... mehr
Prince Rupert welcomes first unit train
The first unit rain carrying agricultural products to Ray-Mont's new transload facility has arrived in Prince Rupert, British Columbia (Canada). The train transported canola meal pellets from Western Canada on a Canadian National Railway (CN) line. The new transload facility... mehr
Celebrating 50,000th covered hopper wagon
Greenbrier, headquartered in Oregon (USA), recently produced its 50,000th covered hopper railcar. This milestone follows the company's completion of its 100,000th intermodal double stack railcar in February. Greenbrier built its first covered hopper railcar over eleven years... mehr