February 2020

Rail Traffic for week ending Feb. 22 down 7.6

The Association of American Railroads (AAR) reports that for the week ending February 22, total U.S. weekly rail traffic was 482,690 carloads and intermodal units, down 7.6% compared with the same week last year. Total carloads for the week ending February 22 were 232,869 carloads, down 9.3% compared with the same week in 2019, while U.S. weekly intermodal volume was 249,821 containers and trailers, down 6% compared to 2019. Four of ... [+]

COVID-10 Cuts Demand and Revenues for Air Freight

The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airlines was forecast to be 4.8%, the net ... [+]

SEKO Logistics Promotes Brian Bourke to Chief Growth Officer

SEKO Logistics has promoted Brian Bourke to the new post of Chief Growth Officer. Responsible for the acceleration of SEKO’s organic growth, Brian will drive SEKO’s demand generation, revenue management and corporate marketing and communications initiatives. In his new role, based at SEKO’s corporate headquarters in Chicago, IL., Brian ... [+]

DP World decides to delist

Drewry Shipping Consultants Limited recently report that DP World has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. Even though Drewry executives share the company’s view, they state that they believe the decision to delist ... [+]

Port Everglades Construction New Start A Major Milestone

Federal, state and local elected officials joined local business leaders to welcome the news that Broward County’s long-awaited Port Everglades Navigation Improvements Project to deepen and widen the Port’s navigational channels can now begin with $29.1 million in funding under the U.S. Army Corps of Engineers FY 2020 Work Plan. ... [+]

Toledo Port Authority Receives $16 million Port Infrastructure Development Grant from MARAD

The Toledo-Lucas County Port Authority received a $16 million grant awarded through the US States Maritime Administration (MARAD) Infrastructure Development Grant Program. These grant funds will allow the Port Authority to reconstruct and upgrade the dockwall at the Port of Toledo’s General Cargo Dock, operated by Midwest Terminals, and ... [+]

DHL Express is a Global Top Employer for the sixth consecutive year

DHL Express, the world’s leading international express services provider has been recognized as a leading global Top Employer 2020. This year, the company outperforms its competitors and is leading the list with the most country awards of all. Top Employers Institute awarded its prestigious Top Employer Global to DHL Express ... [+]

POLB Cargo Volumes Dip in January

Cargo volume was down slightly in January at the Port of Long Beach, compared to the same month in 2019. Terminal operators and dockworkers moved 626,829 twenty-foot equivalent units (TEUs) last month, down 4.6% compared to January 2019. Imports decreased 4.3% to 309,961 TEUs, while exports dropped 7.4% to 108,624 TEUs. ... [+]

United Extends Suspension of Mainland China and HKG Flights

United Cargo is advising our customers that, after evaluating our operations between the U.S. and Beijing, Chengdu, Hong Kong and Shanghai, United has decided to suspend these flights until April 24. We will continue to monitor the situation in China and evaluate our schedule as we remain in close contact ... [+]

American Airlines Cargo Delivers over a Million Pounds of Love

From Jan. 29 through Feb. 13, demand for Valentine’s Day flowers marks one of the busiest seasons for American Airlines Cargo, and team members around the world rose to the occasion this year. On average, the airline ships more than 1 million lbs. of flowers during this time each year. ... [+]

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