Kansas City Southern Locomotive. Taken on the KCS line in Pittsburg, KS AAR senior VP: “For now, things are looking good for the railroads and the economy despite the many threats, such as a potential trade war, that could bring change quickly.” Total combined U.S. freight railroad traffic in June grew 4.2
Year: 2018
Virgin Atlantic re-launches Sydney-Hong Kong service
This week, Virgin Atlantic Cargo re-launched its Sydney-Hong Kong service ahead of schedule, following the airline’s three-year hiatus. The carrier points to a “shift in the market” since 2014 – specifically, the growth of online shopping – as the main reason for the resumption of service. “Sydney-Hong Kong is a route we
Are security measures neutralizing airfreight’s chief asset?
Ethiopian Airlines Receives Africa’s Largest B737 Aircraft
Ethiopian Airlines on Monday announced that it had taken delivery of the largest "B737 MAX 8" in Africa into its fleet. In a statement, the Airline's Group Chief Executive Officer, Tewolde GebreMariam, said it was an immense achievement for the airline "to reach the milestone a few days after it colourfully
Lyft gets into bike-share business, acquiring operator of Capital Bikeshare and Citi Bike
Lyft has acquired Motivate, the operator of Capital Bikeshare, the company announced Monday. (Astrid Riecken for The Washington Post) Lyft is getting into the bikeshare business, announcing Monday it has acquired the nation’s largest bikeshare operator, Motivate. The ride-hailing company acquired Motivate, the operator of Capital Bikeshare and New York’s Citi Bike,
May airfreight demand growth slows
With the release of WorldACD’s air cargo performance results for May, the slowdown from last year’s consistent double-digit increases is undeniable. Although volumes are still increasing year-over-year, the increases are significantly less than those seen during 2017. Air cargo volumes worldwide increased by 2.6 percent y-o-y in May, down from the
DHL expands last-mile e-commerce network to Bangkok
DHL yesterday released plans to expand its urban last-mile delivery service, “DHL Parcel Metro,” beyond the U.S., to now include the greater Bangkok area. The company’s e-commerce division launched the Parcel Metro program in March, offering shippers same-day or one-day delivery for parcels up to 20 kilograms in Chicago, New York and
DHL breaks ground on Hanover transshipment facility
Hanover - DHL Freight broke ground on its 8,300-square-meter Langenhagen transshipment facility, near Hanover, which will serve as a hub for organizing and consolidating cargo for the company’s European client network. The logistics giant released plans of its intent to build the facility in fall of last year as part of its “Freight
Government Agencies, Customs Agents Trade Blame over Delays at Lagos Ports
Lagos - Following the declaration by the Vice President, Prof Yemi Osinbajo that some government agencies were frustrating the federal government’s Ease of Doing Business policy, licensed customs agents and government agencies operating at the ports are trading blames over delays in cargo clearance at the ports. During an unscheduled visit to
GM warns U.S. import tariffs could lead to ‘smaller’ company, fewer jobs
General Motors Co warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to “a smaller GM” with fewer jobs while isolating U.S. businesses from the global market. The Trump administration in May launched an investigation into whether imported vehicles posed a national