IOM charter flight crashes in South Sudan 
A HS 748 cargo plane chartered by the International Organization for Migration (IOM) crashed on landing at the Rubkona airstrip on 17 February. The wing of the plane collided with two vehicles parked on the runway, resulting in a fire. One crew member from the charter company,... more
Gefco Germany introduces new management team
Gefco Germany has appointed a new management team for its overland transport (OVL), air and sea freight (OVS) and purchasing (procurement) business fields. Ante Lovric (OVL), Michael Hescher (OVS) and Stefan Thom (procurement) will be responsible for the three sectors in... more
PostNord now Nordic distribution partner for Clas Ohlson
The Swedish department store group Clas Ohlson has signed a long-term cooperation agreement with PostNord for Nordic retail distribution and deliveries from Clas Ohlson’s Nordic suppliers. PostNord will provide efficient solutions that reduce Clas Ohlson’s carbon dioxide... more
Branch office in Detroit opens
4flow, a consultancy and software company in the logistics industry, has opened its first US branch office in Detroit MI. The company, which operates branches and offices in Belgium, China, Germany, France and Czechia, is thus strengthening its presence in the USA with the new... more
Russian Railways to invest in new locomotives
Russian Railways' 2014 investment programme provides for the purchase of 352 electric and 277 diesel locomotives (total: 629 new units) costing RUB 76.1 billion (EUR 1.58 billion) in all. Last year the rail service provider procured 804 locomotives – their price tag was RUB... more
Two railfreight companies become AAR members
Indiana Rail Road Company and Pan Am Railways have become new full members of the Association of American Railroads (AAR). Indianapolis IN-based Indiana Rail Road Company is a privately-held, 800 km freight railroad with nearly 200 members of staff. The company hauls a variety... more
Rickmers JV buys Hamburg Süd vessels
A joint venture between the Hamburg-based Rickmers Group and funds affiliated with Apollo Global Management LLC (together with its consolidated subsidiaries "Apollo") has purchased six vessels costing USD 176 million from Germany's Hamburg Süd, an Oetker Group... more
Cathay Pacific pays penalty
Hausfeld LLP, a global claimants' law firm dedicated to handling complex litigation, has reached another settlement on behalf of the class in an air cargo shipping services antitrust litigation in New York. Cathay Pacific, the most recent defendant to bow out of the... more
Port of Khalifa receives three new STS cranes
The Khalifa port container terminal in Abu Dhabi (UAE) has welcomed three of the world’s largest and most modern ship-to-shore (STS) quay cranes. The new equipment will join the six cranes already in operation at KPCT, taking the total of STS cranes to nine. In addition,... more
Aerolineas Argentinas orders four more Airbus
Aerolíneas Argentinas has signed a purchase agreement for four Airbus A330-200s to renew and consolidate its widebody fleet. The carrier will announce the engine selection at a later date. Argentina's flagship carrier will deploy the new A330 aircraft for medium and long haul... more