Finnair grows cargo business by almost 10% 
Finnair experienced strong demand in 2019: cargo performance in early December was still overshadowed by the Finnish postal and support strikes in late November, but available scheduled cargo tonne kilometres increased by 10.9% yoy and revenue scheduled cargo tonne kilometres... more
Wilson Logistics selects EKA platform
EKA Solutions, which provides a transformational digital freight integration ecosystem platform, has announced that Wilson Logistics has chosen EKA Omni-TMS as its next-gen logistics and private marketplace solution. EKA developed this software to manage all the customer’s... more
Cooperation in Brazil
Mercedes-Benz and Bosch have joined forces to build a state-of-the-art vehicle test centre in Brazil. The new centre will focus on testing projects to develop vehicle safety and suspension control as well as on evaluating systems to improve energy efficiency and (semi-)automated... more
World's first LNG-fuelled large coal carrier comes on stream
Kyushu Electric Power has concluded long-term transport agreements to deploy the world's first LNG-fuelled large coal carriers with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsui O.S.K. Lines (MOL). The vessels are expected to become the world's first LNG-fuelled large coal... more
Takeover of CMQ short line railroad completed
North American transcontinental railway Canadian Pacific (CP) has concluded the transaction related to the acquisition of the Central Maine & Quebec Railway (CMQ). The acquisition of CMQ in the USA is still subject to approval by the surface transportation board. The... more
Transaction strengthens market share in Canada
TIP Trailer Services has completed the acquisition of Trailer Wizards, a major supplier of trailer rental and leasing services in Canada. TIP will now integrate Trailer Wizards with its existing Canadian business, Train Trailer Rentals. This puts TIP in a strong position for... more
Expanding final mile services to grow in the USA
J.B. Hunt Transport Services in North America has acquired the assets of RDI Last Mile. Founded in 1987, RDI provides home delivery services of big and bulky products in the northeast region of the USA. It uses contract carriers to perform primarily furniture deliveries and... more
Big project in San Bernardino
Alliance California, a public-private partnership between the Inland Valley Development Agency, SBD International Airport and Hillwood, achieved a major milestone as the San Bernardino international airport authority commission approved the final ground lease for the Eastgate... more
Shipping confidence at its highest level since 2014
In the last quarter of 2019, confidence in the shipping industry rose to its highest level for 18 months, according to the latest survey conducted by adviser BDO. The average confidence level was 6.4 out of 10.0, compared to 5.8 in Q3/2019. This is the highest rating since... more
Six fatal cargo plane accidents in 2019
Over the year 2019, the Aviation Safety Network recorded a total of 20 fatal airliner accidents, involving civil aircraft of which the basic model has been certified for carrying 14 or more passengers, resulting in 283 (occupant) fatalities. The accident rate is one fatal... more