UPS reports favourable Q3 
Business was favourable for the US integrator and parcel service provider UPS in Q3/2013. Growing export volumes in Europe and booming online trading in the USA ensured that the company’s net profit soared by 134% to USD 1.097 billion, from USD 469 million in the same quarter a... more
IRU opens permanent delegation to UN
The International Road Union (IRU) has officially launched a permanent delegation to the United Nations (UN) to further assist the latter in actively seeking global solutions to global problems. The IRU permanent delegation to the UN complements the IRU delegations based in... more
Korean orders long-haul Boeing aircraft
The US airframe manufacturer Boeing and Korean Air have finalized an order for five B747-8 Intercontinentals and six B777-300ER (Extended Range) jetliners that was announced as a commitment during the Paris Air Show in June. In addition, the South Korean carrier has is ordering... more
US Airways to expand international reach of Charlotte
US Airways will launch new nonstop service between its largest hub at Charlotte NC (USA), and Barcelona (Spain), Brussels (Belgium), Lisbon (Portugal) and Manchester (UK) in spring 2014. The four flights from Charlotte supplement the airline's current service to these... more
CN achieves record quarterly revenues
Canadian National Railway (CN) reported that its revenues for the latest quarter rose by 8% to a record CAD 2.698 billion (EUR 1.897 billion), driven by a 4% increase in revenue ton-miles, and a 3% increase in carloadings. CN is maintaining the 2013 financial outlook, as well as... more
Air Canada augmenting cargo capacity to Latin America
Air Canada Cargo's service to and from Latin America is getting a boost at the end of October thanks to aircraft upgrades to Brazil, Chile and Argentina. From 26 October, flights to Sao Paulo, Santiago and Buenos Aires will be operated with Boeing B777 aircraft. The carrier... more
Norwegian brings trans-Atlantic routes to Gatwick
Norwegian is continuing its international expansion as it takes delivery of more B787 Dreamliners. The carrier is now adding London Gatwick (UK) to its intercontinental route map after launching new European routes from Gatwick earlier this year. The airport to the south of... more
Latin America's biggest Airbus aircraft order
The VivaAerobus Group has signed a purchase agreement for 52 Airbus A320 family aircraft (40 A320neos and twelve A320ceos), representing the biggest Airbus aircraft order by a single airline in Latin American history. VivaAerobus, part-owned by IAMSA, one of Mexico’s... more
Aerolineas Argentinas modernizes fleet with Boeing
The US airframe manufacturer Boeing and Aerolineas Argentinas, the flag carrier of Argentina, have completed an agreement for 20 next-generation B737-800 airplanes. The agreement, worth USD 1.8 billion at list prices, will play a key role in Aerolineas Argentinas' continued... more
Intermodal rail remains fastest growing freight transport...
Trucking services in the USA continue to dominate the freight transportation industry in terms of both tonnage and revenue, according the US freight transportation forecast up to 2024, compiled by the American Trucking Association (ATA). Trucking’s share of tonnage will rise to... more