A strong start to the year helped the air cargo industry post a 2.2 percent gain in freight-ton kilometers, according to data from International Air Transport Association.
Port of Gothenburg volumes rise 3% in 2015
Although the Swedish port experienced year-over-year throughput declines for roll-on/roll-off units and containers in 2015, Gothenburg saw a surge in car and oil volumes.
U.S. steel imports tumble 12.6% in 2015
The American Institute for International Steel projects steel import volumes will continue to be weak as a result of a variety of factors such as the deepening slowdown in China, the weak Canadian economy and low oil prices.
U.S.-flag lakers see decline in January volumes
A total of 2.3 million tons of dry-bulk cargo, primarily consisting of iron ore, was transported by U.S.-flag Great Lakes freighters on the Great Lakes in January, a 23.1 percent year-over-year decline.
MIQ Logistics enhances presence in Latin America
The global third-party logistics provider purchased certain assets in Alfa Logistics and Kronos Logistics.
Estes Express expands use of solar power
The Richmond, Va.-based trucking company is powering its Greensboro, N.C. terminal with solar energy.
WFS wins cargo handling contract at JFK Airport
Japan Airlines awarded a new cargo handling contract to Worldwide Flight Services, the world’s largest airfreight handler, at New York’s JFK International Airport.
C.H. Robinson profits jump 12.1% in Q4
The third-party logistics provider’s net income increased to $126.58 million despite revenues dropping 4.4 percent to $3.21 billion compared to the fourth quarter of 2014, according to the company’s most recent financial statements.
Bolloré Group wins future port concession in East Timor
The Southeast Asian nation has selected the port operator and freight forwarder the Bolloré Group to build and operate the deepwater port at Dili under a public-private partnership agreement.
Canada opens dedicated office to support redevelopment of Lac-Megantic
The Canadian government will provide nearly $2 million Canadian to open a new office in support of the reconstruction and economic recovery of the city of Lac-Megantic, Quebec, which was devastated by an oil train derailment in July, 2013.