From two railroads to five in one stroke 
Gulf & Atlantic Railways (G&AR) has signed an agreement to acquire three midwestern short line railroads from Midwest & Bluegrass Rail. Camp Chase Railroad, Chesapeake & Indiana Railroad and Vermilion Valley Railroad are located in Ohio, Indiana and Illinois,... more
Asian markets to expand till 2030?
It is not necessarily only Asians which are expecting their markets to boom. A recent study conducted by UPS emphasises that "Asian markets are becoming the global epicentre for new consumer demand." According to these findings, trade among twelve key markets in... more
Thanks to Schenker, DB is back in profit
The Deutsche Bahn Group (DB) is back in the black. Despite the burdens on the rail business caused by the pandemic, the war in Ukraine and the sharp rise in inflation, the company closed 2022 with a significant operating profit. The operating result (ebit adjusted) improved by... more
ABC about to return?
Izvestia has learned that Russia's largest cargo airline, which ceased all its operations March 2022, is soon to be reactivated. According to two sources of the Russian daily, Air Bridge Cargo Airlines (ABC) will begin regular flights on the Moscow-Beijing route from June 2023.... more
ONE now holds 28.7% of Poseidon
Poseidon Acquisition Corp., an entity formed by certain affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, chairman of the board of Atlas, and Ocean Network Express (ONE) and certain of their respective affiliates, has... more
Airlines for Europe elects Ourania Georgoutsakou
Airlines for Europe (A4E), Europe’s largest airline trade association, has named Ourania Georgoutsakou as its new managing director. She has over two decades of policy and public affairs experience in trade and representative associations and joins from Lighting Europe, where... more
Industry urges more action for modal shift
European railfreight associations, railfreight CEOs and the European Parliament’s transport and tourism committee have endorsed a joint declaration on the need to speed up the modal shift in freight transport. The document predates a 2020 joint declaration which identified the... more
EV Cargo boosts Chinese network
EV Cargo has expanded its air and sea freight office network in China with the recent opening of new branches in Shanghai, Ningbo and Qingdao, adding to its existing footprint in Shenzhen and Hong Kong. The development sees EV Cargo extend its global network of owned offices and... more
Powerful addition to the fleet
Dutch haulage company Luijendijk & van der Wal has invested in a new Mercedes-Benz Actros 4163 LS 8x4 SLT for challenging heavy-duty tasks. The 630 hp truck features a spacious Bigspace cab and Mirrorcam. The special coupling and a permissible gross combination mass of... more
Raja picks Catherine Cambier
Catherine Cambier is joining the Raja Group’s executive committee as managing director, Raja packaging and industrial equipment. Her mission will be to develop this segment’s distribution activities in Europe. Cambier’s appointment brings to four the number of women among... more