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19.10.2021

All stakes in Irish helicopter lessor in one hand

Libra Group, the parent company of Dublin-based aircraft lessor LCI, has acquired the minority interest in LCI Helicopters held by global investment firm KKR. Libra Group chairman and CEO George Logothetis: "We are proud...

19.10.2021

Global cargo chair for Swissport

Swissport International has elected Dirk Goovaerts to the new position of cargo chair. He will assume this function in addition to his current responsibilities as head of the Middle East & Africa region. The new chair...

19.10.2021

China Navigation changes its brand

The China Navigation Company (CNCo) has been renamed Swire Shipping. It is the Swire Group’s oldest operational brand. “Swire Shipping is widely recognised as the operating name of the business,” commented James Woodrow, managing...

19.10.2021

Anniversary train on Brenner route

With an anniversary train, Lokomotion and Rail Traction Company (RTC) are celebrating 20 years of cooperation in railfreight services on the Brenner axis. On 15 October 2001, the company’s first freight train set off from the...

19.10.2021

A good quarter for J.B. Hunt

In Q3/2021, the Arkansas-based US firm J.B. Hunt Transport Services achieved earnings of USD 199.8 million, an upswing of 59.2% compared to the same period in 2020. Revenues amounted to USD 3.14 billion, an increase of 27%...

19.10.2021

Bonds for Savannah

The Georgia Ports Authority (GPA) does not intend to finance the build-up of its port facilities via credits from banks. Instead, it has announced plans to issue via public offering approximately USD 425 million in revenue bonds...

19.10.2021

Breaking ground for C3

BLG Logistics is building a new warehouse in Bremen (Germany). The abbreviation C3 stands for the initial letters of the words customer, climate and comfort. The sustainable real estate is also intended to be used as a blueprint...

19.10.2021

Hermes expands India product team

Hermes Logistics Technologies (HLT), which specialises in IT solutions and cargo management systems for the global air cargo industry, has made four appointments to its product team in India. The new members of the team – Gulshan...

19.10.2021

Another Amazon gateway in PNW

Amazon has started operations at its new air gateway at Spokane airport (GEG), WA, USA. This is Amazon Air’s second location in the state of the Pacific Northwest (PNW) region. The first flight on Amazon Air’s branded B737...

19.10.2021

Plug-in-hybrid truck (also) runs for research

Scania recently delivered a plug-in-hybrid truck (PHEV) to Havi. The truck will be deployed in regular service in Stockholm and its suburbs, but also be part of a series of trials for research projects. In one of these...

19.10.2021

"Curiosity of the Day"

It’s scientifically impossible to peel oranges without splashing yourself, because of the oil glands in the peel. When they’re pressed they shoot drops in every direction at up to 10.5 m / second.

18.10.2021

Carrier with blue livery goes green

All Nippon Airways (ANA) is launching "SAF flight initiative", a new and dedicated initiative to reduce CO2 emissions. Designed to promote sustainable aviation fuel (SAF) by collaborating with major companies in...

18.10.2021

Containers: how long will the boom last?

Copenhagen-headquartered maritime consultancy Sea-Intelligence has put forward its forecast on how long the current boom in container demand in North America may last. Essential is the gap of spending in services and goods. ...

18.10.2021

Qatar Airways Cargo signs with SAL

SAL Saudi Logistics Services, a global air cargo handler, has signed a cargo ground handling agreement with Qatar Airways Cargo, to provide comprehensive ground logistics support at Saudi Arabia’s main airports, including Riyadh,...

18.10.2021

APM Terminals hires Birna Ósk Einarsdóttir

Birna Ósk Einarsdóttir will join the APM Terminals senior management team as CCO and be based in The Hague starting in January 2022. Einarsdóttir holds a degree in leadership and management from Háskóli Íslands (University of...

18.10.2021

Widening scope close to Los Angeles airports

It is Californication of its own kind. Freight forwarding group Seko Logistics has begun operations in its latest facility close to the port of Long Beach and Los Angeles international airport, increasing its total footprint in...

18.10.2021

Seven Vectron dual-mode locos leased

Rail wagon lessor Northrail has leased seven Siemens Vectron dual-mode locomotives to four railway companies in Germany and has called up three more units under the framework purchase agreement. The energy-efficient...

18.10.2021

More wind power on Baltic Sea

After one year of experience of using rotor sails for the hybrid ferry "Copenhagen" on the Baltic Sea, Scandlines is planning the same equipment for its sister ferry "Berlin". The hybrid ferry...

18.10.2021

Bundling forces in Cologne-Bonn area

Technisches Hilfswerk (THW) and the operator of Cologne/Bonn airport (CGN) have signed a cooperation agreement for future emergency operations. With this partnership, the German federal agency based in Bonn is further expanding...

18.10.2021

DFI Real Estate wins new investor

Hamburg-based entrepreneur Jörn Reinecke is investing in real estate developer DFI (Driving Future Innovation) Real Estate, which is headquartered in Düsseldorf. DFI develops sustainable industrial, trade and logistics properties...