XPO Logistics acquires Optima Service Solutions 
XPO Logistics Inc recently acquired Optima Service Solutions LLC, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the USA. The deal cost USD 26.6 million in cash, excluding any working capital adjustments, with no assumption... more
Iraqi Airways intends to buy up to 16 CS300s
Bombardier Aerospace announced that Iraqi Airways, the national carrier of Iraq, signed a letter of intent (LOI) to acquire five CS300 mainline jetliners yesterday (20 November). The LOI includes options on eleven CS300 aircraft, the Canadian airframe producer's biggest plane... more
Alpa welcomes US senate's introduction of safe skies act
The Air Line Pilots Association, International (Alpa) has issued the following statement regarding the introduction of the safe skies act (S. 1692) to the US senate last week: "The safe skies act of 2013 will ensure that both passenger and all-cargo pilots are equally... more
Celadon purchases Yanke Transfer in Canada
Celadon has acquired selected assets of N. Yanke Transfer Ltd, based in Saskatoon, Saskatchewan (Canada). Yanke operates approximately 300 tractors, including more than 100 team expedited trucks, and generated approximately CAD 90 million (USD 86.3 million) in revenue in 2012.... more
Lufthansa Cargo celebrates and operates maiden flight
After welcoming the arrival of its first Boeing B777 freighter in Frankfurt (Germany) on 11 November, Lufthansa Cargo officially celebrated the new aircraft type in its fleet yesterday (19 November). Immediately after the B777F's naming celebration, it took off on its first... more
CSX and GE Transportation cooperate
CSX Corporation, based in Jacksonville FL (USA), and GE Transportation have agreed to explore emissions-cutting and efficiency breakthroughs in liquefied natural gas (LNG) technology for locomotives. The collaboration will begin with a pilot programme next year. LNG-fuelled... more
Heartland Express acquires Gordon Trucking
Heartland Express has acquired 100% of the stock of Gordon Trucking and certain associated assets valued at approximately USD 300 million. With combined total revenue of approximately USD 1 billion and a terminal network spanning from Washington to Florida and from Pennsylvania... more
Canada: Welsford bypass in New Brunswick opened
The CAD 63 million (EUR 44.7 million) route 7 Welsford bypass between Saint John and Fredericton in New Brunswick (Canada), has opened. It links the trans-Canada highway and the Port of Saint John and will improve safety and relieve traffic congestion for private cars and for... more
German/US airport cooperation
Germany’s Leipzig/Halle airport (2012 cargo handling volume: 863,665 t) and the USA’s Cincinnati/Northern Kentucky international airport (543,784 t), where two of the three largest DHL Express hubs are based, have signed a cooperation arrangement to work more closely in the... more
Hunt & Palmer appoints GSA in USA
The British Air cargo specialists Hunt & Palmer Cargo Charters Ltd (HPCC) are expanding into North America with the appointment of Platinum Cargo (ATC Aviation) as its GSA in the country. Platinum Cargo, formerly the US GSA for the German Lufthansa Cargo Charter, will... more