USD 157 million for Wabtec's brakes 
Siemens India has placed an order for a new brake system for Indian Railways. Valued at around USD 157 million, the technology will be used to improve the performance, efficiency, and safety of Siemen’s new line of 1,200 electric locomotives. Under the contract, Wabtec will... plus
GOL enters Chapter 11 process
GOL Linhas Aéreas Inteligentes and its subsidiaries have voluntarily filed for Chapter 11 in the US bankruptcy court for the southern district of New York. The Brazilian LCC, which also operates six B737-800 freighters, remembers that this process has been used successfully by... plus
Turkka Kuusisto takes the helm
Finnair has a new CEO. Turkka Kuusisto joins the airline from Posti Group Corporation, where he has served as CEO since 2020. Prior to that, Kuusisto held senior leadership positions in Posti Group Corporation and in Lindorff Group. “I am happy to welcome Kuusisto to take... plus
RMI hits 200 million t landmark
The Republic of the Marshall Islands (RMI) Registry has achieved a significant milestone by surpassing 200 million t and encompassing nearly 5,600 vessels, marking a notable presence in the global maritime sector. This development reflects the registry's growth in fleet size... plus
Building a hub in Germany's Ruhr region
In a joint brownfield project, Prologis and Yusen Logistics have started to build a 57,200 sqm building in Bottrop, Germany. The town is strategically located in the Ruhr area, giving it access to several industries and proximity to supply chains. With its all-electric... plus
1,000 e-trucks for cement giants
The Swiss building materials producer Holcim plans to use most of the ordered 1,000 Mercedes-Benz eActros 600s for transporting materials such as cement in silo trailers. The volume represents the largest single order for the eActros 600 to date, Daimler said. With a battery... plus
PTP picks new CEO
The port of Tanjung Pelepas (PTP) has appointed Mark Hardiman as its new CEO, succeeding Marco Neelsen, who had served seven years in the role. Hardiman was previously the CEO at the port of Salalah and has held various leadership positions in the Middle East. He was COO and... plus
Container highs at SC Ports
South Carolina Ports (SC Ports) experienced significant growth in intermodal cargo in 2023. Inland ports Greer and Dillon both recorded historic container numbers, with increases of 26% and 55% respectively. This surge brought the rail movement of containers back to pre-pandemic... plus
Landing a cargo handling contract in Saudi Arabia
Hainan Airlines has awarded a contract to Sats for cargo handling services in Saudi Arabia. Hainan Airlines operates three Airbus passenger flights a week to Riyadh and Jeddah. Sats will provide warehouse handling services for over 2,400 t of import, export, and transit... plus
A new platform for shipping operations
Gravity, which specialises in purchase order management, and Buyco, a container shipping platform, have developed a solution to improve the cooperation between procurement and transport teams in international trade. The combined platform covers the entire process from... plus