capacity
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FlyUs appointed Aeroflot’s Cargo GSSA across Central America
SCHIPHOL, Neth.–Dutch-headquartered GSSA company FlyUs has been chosen as Aeroflot’s cargo GSSA in six countries across Central America. Effective immediately FlyUs will represent the Russian national carrier in Belize, Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador, said a release.…
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Global trade: International freight transport to quadruple by 2050
PARIS, Fra.–The ITF Transport Outlook 2015 was released at a media briefing in Paris today. It presents long-term projections for future demand of passenger as well as freight transport and this year focuses on two key messages: shifting trade patterns are…
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CN’s Mongeau says investments into US Midwest are keeping “fluid network”
CHICAGO, Ill.– Claude Mongeau, president and chief executive officer of CN said today the company’s substantial investments in its U.S. Midwest operations, particularly the former Elgin, Joliet and Eastern Railway (EJ&E), are keeping its network fluid, helping the railroad accommodate increased demand…
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Lufthansa Cargo maintains capacity with cargo load factor of 69.7%
FRANKFURT, Ger.–Despite a slight decline in transported cargo volume, Lufthansa Cargo said it was able to maintain its capacity utilization last year with a cargo load factor of 69.7 per cent (2013: 69.9 per cent). Faced by tough competition, the cargo airline…
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Rail cars arrive at Ceres’ Northgate hub
TORONTO, Ont.–Ceres Global Ag Corp. announced that 63 rail hopper cars from the Burlington Northern Santa Fe Railway have arrived at the Corporation’s commodity logistics hub in Northgate, Saskatchewan. With the completion of the temporary grain transloading facility in October 2014 and the installation of…
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US, Mexico outline successes and objectives around improving cross-border commerce
WASHINGTON, D.C.–The US and Mexico said following the second meeting of their High-Level Economic Dialogue this week that they have seen progress in facilitating cross-border commerce over the past year and anticipate further achievements in 2015. A joint statement issued after…
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Accenture launches Ports Center of Excellence
HONG KONG, China–Accenture has launched a Ports Center of Excellence in Hong Kong which is focused on providing terminal operators with process excellence and technology implementation for performance management, operations management and enterprise management. Industry specialists at the Accenture Ports…
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C.H. Robinson acquires Freightquote
EDEN PRAIRIE, Minn.–C.H. Robinson has finalized its acquisition of Freightquote.com, Inc. for $365 million in cash. The company financed the acquisition and related fees and expenses with the proceeds from an amended five year, $900 million credit facility, it said in…
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Innovation ahead in supply chain, says Ti
LONDON, U.K.–2015 will see an increased focus on innovation by supply chain and logistics companies as the pace of change in the industry accelerates. This is according to Prof. John Manners-Bell, CEO of leading research company Ti. These innovations will…
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Kerry Logistics expands forwarding network in Canada, Middle East
HONG KONG, China– Kerry Logistics Network Limited has announced two strategic acquisitions to expand reach and capacity of its international freight forwarding business in the Middle East and Canada. Kerry Logistics has strengthened its IFF capacity and network through acquiring a…