Cargo is worth the risk of congestion 

Is it due to its experienced cargo GSA Kales Group, that soon to be launched Norse Atlantic Airways has changed its initial plans? The low-cost transatlantic start-up headquartered in Arendal, Norway, will operate its first commercial flight from Oslo to New York on 14 June... plus
On the way to a fleet of 150,000 containers 

Demand for intermodal services in USA has grown significantly in recent years. Now, J.B. Hunt and BNSF Railway are launching a joint effort to substantially improve capacity in the intermodal marketplace. J.B. Hunt plans to grow its intermodal fleet to as many as 150,000... plus
The return of the idle fleet? 

According to the Swedish maritime platform provider Xeneta, carriers are starting to "balance demand and capacity to protect rates." A capacity reduction of 517,300 teu - or 25% of the initial capacity offering - was witnessed on the Far East to US West Coast corridor... plus
Good figures push Toll's turnaround 

The Toll Group, an Australian-based subsidiary of Japan Post, has reported its results for its financial year 2022 which ended on 31 March 2022. Revenues amounted to USD 7.6 billion, while ebit remained at a modest USD 341 million. The Toll Group, which sold its loss-making... plus
Next senior partner for SSY 

Stanko Jekov, head of dry cargo at Simpson Spence Young (SSY), will be taking over as senior partner following Mark Richardson's announcement that he will retire at the end of this year. Jekov, who has been with SSY since 2002 and was made partner in 2010, has led the dry... plus
Geopost/DPD Group picks Yves Delmas 

Yves Delmas has been appointed CEO of Geopost/DPD Group and executive vice president of La Poste Group, member of the executive committee. Delmas has a 30-year track record within La Poste group, having held multiple management positions within the company’s parcel and... plus
CBP officers confiscate live contraband 

CBP Agriculture Specialists found something unusual while examining an air mail shipment declared as "earphones" arriving from Malaysia. When they opened the box, they discovered 26 vials containing live centipedes concealed in earphone cases. The CBP officers had... plus
Freight wagons wanted - on loan 

In Ukraine, millions of tonnes of grain are waiting for transport. Freight wagons will be urgently required for this purpose in the coming weeks. In its newsletter, the Swiss Association of Shippers (VAP) is therefore calling for free rolling stock to be made available for... plus
More containers down the Rhine 

In Q1/2022, throughput at the Swiss Rhine ports was just under 1.2 million t, 7.8% below Q1/2021 (1.26 million t). The big winner was the container sector with almost 37,000 teu (+31%). Export traffic recorded an uptick of 13.2% to 243,292 t, while import traffic, which is... plus
Wincanton's best year since 2011 

In advance of its results for the financial year ending 31 March 2022, UK-headquartered Wincanton has issued a preliminary outlook. While full year revenue is expected to be up 16.3% to GBP 1.4 billion, with 19.4% organic revenue growth y-o-y excluding the Cygnia Logistics... plus