SEKO Logistics (SEKO), a global leader in end-to-end logistics, has released its second annual Environmental, Social, and Governance (ESG) report. The report outlines the company’s progress in 2023-2024 and its commitment to achieving both short- and long-term ESG objectives. “As…
Genesee & Wyoming Inc. (G&W) has officially launched its first railroad in western Canada, marking a significant milestone with the establishment of Red Deer Railway Limited (RDR). This new venture, which operates between Jackson, Alberta, and Homeglen, Alberta, will leverage…
Key Highlights Financial Performance BW LPG reported Q3 2024 NPAT of $120 million, delivering a 30% annualized return on equity. Earnings per share stood at $0.79, with a net leverage ratio of 21% and available liquidity of $750 million at…
Welspun One, a leading name in logistics and industrial real estate in India, is making a significant $325 million investment to establish the country’s largest single-location ‘Grade A’ warehousing and industrial park. The state-of-the-art facility is being developed at the…
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), has finalized the sale of two Airbus A330-200 aircraft to National Airlines. The Florida-based operator, specializing in cargo and passenger charter services, received…
Schneider National, Inc. (NYSE: SNDR), a leading provider of transportation, intermodal, and logistics services, has entered into a definitive agreement to acquire Cowan Systems, LLC and its affiliated entities (collectively “Cowan Systems”) for approximately $390 million in cash, subject to…
Schneider National, Inc. (NYSE: SNDR), a leader in multimodal transportation, intermodal, and logistics services, is proud to announce its receipt of the prestigious 2024 SmartWay Excellence Award from the U.S. Environmental Protection Agency (EPA). This award marks the 13th time…
The global Urban Air Mobility (UAM) market, valued at $5.4 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 12.9%, reaching $12.6 billion by 2030, according to the recently released “Urban Air Mobility –…
Textron Aviation, a subsidiary of Textron Inc. (NYSE: TXT), has revealed a purchase agreement with AIR Marshall Islands Inc. (AMI) for two Cessna SkyCourier aircraft. Both planes, configured as passenger variants, will support travel across the Marshall Islands, enhancing connectivity…
Kuehne+Nagel has announced the acquisition of a 51% stake in IMC Logistics (IMC), a leading marine drayage provider in the United States. The strategic investment aims to enhance Kuehne+Nagel’s access to North America’s critical logistics networks and provide flexible transportation…
Ryder System, Inc. (NYSE: R) has been named a 2024 U.S. Environmental Protection Agency (EPA) SmartWay® Excellence Award winner and a SmartWay® High Performer, acknowledging its exceptional environmental performance and leadership in freight sustainability within its dedicated transportation business. Among…
C.H. Robinson (Nasdaq: CHRW), a global leader in third-party (3PL) and fourth-party logistics (4PL), managing 35 million shipments and $22 billion in freight annually, has announced the launch of C.H. Robinson Managed Solutions™. This next-generation logistics management service addresses a…