Expeditors cautiously optimistic 
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q3/2022. Revenues increased by 1% to USD 4.4 billion, while operating income rose by 8% to USD 527.0 million. Freight volumes dropped, however. Air freight tonnage volume and... more
Port of Oakland still standing
The Californian Port of Oakland on the US West Coast witnessed an uptick in its October 2022 throughput. Total loaded container volume grew by 5.9% compared to October 2021. The port handled almost 146,000 loaded teu compared to 138,000 teu in October 2021. Full exports... more
China Cargo Airlines and LH Technik extend contract
China Cargo Airlines commissioned Lufthansa Technik to supply components for its Boeing 747-400 freighters already back in 2019. With the entry into service of the new Boeing 777 freighters, Lufthansa Technik has now extended its contract to cover the new components. Under... more
Rail sector demands a cap on electricity prices
The rail industry is reeling from massive increases in energy costs, as if the ailing infrastructure were not enough of a burden. The transport associations Allianz pro Schiene, Die Güterbahnen and the Association of German Transport Companies are therefore calling for an... more
No queuing up in SC Ports
South Carolina Ports on the US East Coast saw a busy October 2022 in container throughput. SC Ports reported a 9% container growth year-over-year, as 257,000 teu moved through the three terminals Wando Welch, North Charleston, and Hugh K. Leatherman. Imports remain strong,... more
Key challenges for Armenia's aviation sector
The European association of airport operators ACI Europe held several meetings with the government of Armenia, its national assembly, and its civil aviation committee in Yerevan last week. These meetings reviewed the challenges faced by Armenia in capitalising on the fast... more
Steve Powell joins Safe Fleet
Steve Powell is joining Safe Fleet as managing director of Durite and Labcraft. Durite specialises in vehicle safety, lighting and electrical parts for the commercial vehicle aftermarket and manufacturers. Labcraft, on the other hand, manufactures high performance and energy... more
Airlines boosting Freightos
Freightos, a global freight booking and payment platform, has reported its results for Q3/2022. Revenues saw an uptick of 53%, amounting to USD 4.7 million. Transactions increased to 192,000, up 28% from the second quarter. Growth was particularly strong in airline e-bookings.... more
New wagon type to transport 71.6 t biomass
Drax, the UK’s biggest generator of renewable electricity, is expanding its rail fleet with 30 new rail wagons. The upgraded high-capacity wagons manufactured by the British firm WH Davis will help to further reduce Drax’s carbon emissions. The new innovative design has... more
Amazon begins daily cargo service at MHT
Amazon Air has launched daily cargo service at Manchester-Boston Regional Airport (MHT). The inaugural flight from Cincinnati/Northern Kentucky International Airport (CVG) arrived last Thursday morning. Amazon Air will begin with one daily Boeing 767-300 flight. The 6,039... more