10.05.2022

Changes at Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL; president & CEO: Takeshi Hashimoto) has announced the following changes: Yoshiro Sakamoto, former general manager, secretaries & general affairs division, has been named general manager of legal...
10.05.2022

Expeditors tackling the cyber attack

1979-founded Expeditors International based in Seattle has reported its results for Q1/2022. The group with 18,000 employees saw its revenues climb by 46% compared to Q1/2021, achieving USD 4.7 billion, while its operating income...
09.05.2022

Investment needed to shift more semi-trailers

Standard vertical transhipment technologies (gantry cranes/reachstackers), in combination with containers, are becoming more competitive with road-only transport solutions over distances of around 1,000 km, a study has concluded....
09.05.2022

Cargo operations re-open in Kyiv

AirBaltic has cooperated with Ukrposhta to organise a multimodal mail transport system and thus reopen cargo operations from Kyiv. The first mail shipment from the Ukrainian capital arrived in Riga on 12 April. Since then the...
09.05.2022

More capacity on the ground and in the air

A Boeing B767-300 has arrived in Singapore for a P2F conversion to be carried out by ST Engineering. It will subsequently join Icelandair Cargo in October. The aircraft will be acquired on lease from AerCap, which had...
09.05.2022

Change at the Cargotec helm

The Cargotec Corporation’s board of directors, elected by the members at the annual general meeting, has appointed Jaakko Eskola as company chairman. Eskola will succeed Ilkka Herlin, who has chosen to step down, having served as...
09.05.2022

Finnlines growing in these difficult times

Traffic in the Baltic Sea started well in 2022. In Q1/2022 the Finnlines Group reported revenues of EUR 157 million (124.1 million in Q1/2021), an increase of 27% compared to the same reporting period in the previous year. Cargo...
09.05.2022

Sun power on the roof to reduce emissions

Guernsey Post in the UK has implemented solar power on five of its larger vehicles with the photovoltaics provided by Trailar, a solar power solutions company from the UK. The solar vehicles include three 8.5 t Mitsubishi Fuso...
09.05.2022

GXO remains largely Anglo-Saxon

GXO, a spin-off from XPO Logistics, has reported its Q1/2022 results. Revenues amounted to USD 2.1 billion, rising by 14% (from USD 1.8 billion) compared to the same period last year. Its operating income went up by 23.3% to a...
09.05.2022

Leadership restructured at Konecranes

Konecranes has decided to merge two business units, ‘service’ and ‘industrial equipment’, under one leadership, to strengthen its role as a lifting leader. From 1 June Fabio Fiorino, the current executive vice-president of the...
09.05.2022

Stratolaunch – fifth flight with new pylon on board

Stratolaunch has successfully completed the fifth test flight of the ‘Roc’, the world’s largest aircraft. It flew over the Mojave Desert for 4 hours and 58 minutes, reaching an altitude of 22,500 feet (6,858 m). The flight...
09.05.2022

Laurels for port software provider in Santos

The software firm T2S Tecnologia has received a ‘Brazil Quality Summit 2022’ international award, in the category ‘Brazilian company of the year’. The honour recognises the 19 years of sterling IT services focusing on the port...
09.05.2022

Poland now more attractive

A Hellmann warehouse located in Stryków (Poland) now operates on a larger scale, with a recent extension doubling its handling capacity. The branch in the centre of Poland, one of the firm’s 21 in the country, has steadily grown...
09.05.2022

Enhancing a rail carrier’s hydrogen infrastructure

Atco, a Canadian corporation with investments in logistics, is constructing two hydrogen production and refuelling facilities in Alberta (Canada) for Canadian Pacific (CP). The hydrogen infrastructure at each CP site in Calgary...
09.05.2022

U-Ming Marine investing for Taiwan

The U-Ming Marine Offshore Company (Umo), a Taiwanese joint venture, has acquired two second-hand crew-transfer vessels (CTVs). The JV between the U-Ming Marine Transport Corporation, established in 1984, and World Marine...
09.05.2022

Brussels airport aviation awards

The Brussels Airport Company has continued its annual tradition with the ‘Brussels Airport Aviation Awards’. There are two awards dedicated to the cargo segment. This year the ‘Brucargo Award’ went to the handling company...
09.05.2022

Atlas Air with strong Q1 results

Atlas Air Worldwide Holdings Inc has announced a net income of USD 81.5 million for the first quarter of 2022, or USD 2.38 per diluted share, compared with USD 89.9 million (USD 3.05 per diluted share) in 2021. (Last year...
09.05.2022

"Curiosity of the Day"

Women in ancient Egypt already had hair curlers in 3000 BCE.
09.05.2022

Autonomous trucking going ahead

Volvo Autonomous Solutions (VAS) is set to offer new hub-to-hub autonomous transport solutions in the USA, and to this end will partner global logistics provider DHL Supply Chain as its first customer in the project. The...
09.05.2022

More warehousing logistics made by Sievert

The German forwarder Sievert Logistik is set to concentrate more on its portfolio of value-added services, with the goal of increasing its annual turnover in the warehousing logistics sector to EUR 25 million by 2025. To this end...
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