06.04.2022

Fresh cash for Waberer's

The publicly listed Hungarian transport company Waberer's International has issued a EUR 111 million corporate bond in a private placement. Proceeds from the fixed-rate, ten-year, amortised bond will be used to build a...
06.04.2022

Plan B for "Ever Forward"

Since the “Ever Forward” ran aground after the ship left Baltimore on 13 March 2022, the Evergreen Line is continuing its efforts to refloat the stranded ship. In light of the increasing costs arising from these efforts,...
06.04.2022

Quieter and cleaner pharma deliveries

Germany-based logistics service provider trans-o-flex Thermo Med, which specialises in the nationwide distribution of pharmaceutical products with active temperature control at 2° to 8° Celsius, has ordered 174 delivery vehicles...
06.04.2022

Fully electric device for moving pallets and ULD

Qatar Airways Cargo has successfully tested and commissioned "AMDT Full Elec", an automotive multi-directional transporter for air cargo pallets. The new device was developed by the French engineering company...
06.04.2022

Startup to build up a new platform

Karlruhe (Germany)-based Neo Cargo is developing a neutral and digital networking platform for medium-sized forwarders. Freight is to be organised with just a few clicks and forwarders can, for example, process their orders...
06.04.2022

DB extends contracts for five years

At its regular meeting, the supervisory board of Deutsche Bahn extended the contracts of Sigrid Nikutta and Levin Holle by five years each. Nikutta will be in charge of freight transport until 31 December 2027. Holle will now...
06.04.2022

Emirates Skycargo: 1 billion vaccine doses

Emirates Skycargo has transported more than 1 billion doses of Covid-19 vaccines on its aircraft. The air cargo carrier achieved this historic milestone within a span of 18 months from the first shipment of Covid-19 vaccines...
06.04.2022

Finland plans to extend domestic timber transport

Russia's attack on Ukraine and the consequent subsequent sanctions have put an end to imports of raw timber from Russia to Finland. Now, Finland’s ministry of transport and communications in Finland proposes that section 80...
06.04.2022

More container flows in the North

Container flows in Sweden were on the rise in 2021. The Port of Gothenburg handled 828,000 containers and grew further in relation to other ports in Sweden. ”Our almost perfect balance between import and export has been a...
06.04.2022

More Raben in Romania

The Raben Group has added two new locations in Oradea and Buzau to its nine existing warehouses in Romania. The existing three warehouses in Bucharest, Sibiu and Timișoara, which have been operational since 2021, have a...
06.04.2022

SAS appoints Erno Hildén

SAS has appointed Erno Hildén as executive vice president and CFO. Hildén is from Finland and has held several operational leadership positions in the global airline industry. He has worked both as chief financial officer and...
06.04.2022

"Curiosity of the Day"

Daft Punk sing "Around the World" 144 times in the album version of the song of the same name. 
06.04.2022

Servals finally transported to new permanent home

Last month, four rescued servals started their journey to their permanent home at Panthera Africa in South Africa. Etihad Airways provided the flights for the servals, and three organisations, Born Free Foundation,...
06.04.2022

Another register registers in London

The Palau International Ship Registry (PISR) has opened a new office in the major shipping hub London. The office is headed by Georgios Bazos, business development director (UK) who moves to London after leaving The Marshall...
05.04.2022

Transmec extends its main intermodal hub

Seventeen roundtrip services now run every week from the private Intermodal Vest terminal in Oradea, Romania - almost triple the total at the start of 2021. Hub owner Intermodal Vest, a joint venture between Transmec and P&O...
05.04.2022

Nordic Transport Group buys US player

The Nordic Transport Group (NTG), founded in Denmark in 2011, is acquiring US-based Aries Global Logistics. AGL is an international air and ocean freight forwarder founded in 1985. This is the group’s largest deal so far, after...
05.04.2022

Antonov's general director suspended

The Antonov company issued the following update after Ukrainian armed forces liberated Gostomel, where Antonov's flight test base is located: "Unfortunately, in results of the 'Russian world' actions, the airport is not...
05.04.2022

Xeneta picks Scott Irvine and Laura Finbow

Xeneta, an ocean and air freight rate benchmarking, market analytics platform and container shipping index, has appointed two new sales executives. Scott Irvine joins Xeneta as VP of freight forwarding and Laura Finbow will...
05.04.2022

Direct train between Duisburg and Lodz

Kombiverkehr is expanding its services on the Germany - Poland connection and, in addition to the Poznan CLIP Swarzedz terminal, is now also operating a direct train to the Lodz Spedcont terminal. With this new service, the...
05.04.2022

Canadian container terminal changes hands

PSA International has acquired the terminal Ceres Halifax in the Port of Halifax from NYK. From now on, PSA Halifax will operate two container terminals in Halifax, Atlantic Hub and Fairview Cove, jointly branded under PSA...
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