04.06.2021

Project 44 knighted by Goldman Sachs

Project 44 has found new investors. The seven-year-old Chicago-based company raised USD 202 million in a Series E funding round led by Goldman Sachs Asset Management and Emergence Capital. Players from the sector like Girteka and...
04.06.2021

Lithuanian carrier invests in fleet

LTG Cargo is preparing to renew its railcar fleet and has launched an international public procurement of grain railcars and platform wagons. The Lithuaninan freight railway intends to purchase total up to 728 railcars - up to...
04.06.2021

New train between Moscow and Far East

Russian transport group Fesco has expanded its domestic route network with the launch of a new regular container train. The ‘Fesco Chita Shuttle’ runs weekly from the Bely Rast Terminal and Logistics Centre in Moscow to Chita, in...
04.06.2021

Menzies Aviation: a first for Oceania

After working towards this objective for almost two years, Menzies Aviation's cargo operations in Sydney have now received Iata CEIV Pharma accreditation. As the first handling agent in Oceania to achieve this milestone, the...
04.06.2021

Short sea shipping is back

In Spain, shortsea shipping volumes are beginning to recover and returning to the level prior to the Covid-19 crisis in Q1/2021 compared to the same period in 2019 and 2020. According to the report from SPC Spain, international...
04.06.2021

Bifa encourages recruitment of apprentices

Robert Keen, director general of the British International Freight Association (Bifa) has reminded the association's members that "since 2 June 2021, employers of all sizes in England can apply for extra funding to help them...
04.06.2021

FM Logistic catching up

FM Logistic, a French logistics Group founded in 1967, has reported its results for the 2020 financial year. Turnover, at EUR 1,4 billion, declined by 3.6% compared to the previous year. Besides the economic slowdown caused...
04.06.2021

Charles Morgan joins network

Charles Morgan Transport has joined the Fortec Distribution - and thus the Pall-Ex Group - as a shareholder member. After setting up his business at the age of just 17, Charles Morgan incorporated his own business in 2016....
04.06.2021

Irish haulier buys model trucks

Manfreight has added ten new Volvo FH trucks to its 200-strong fleet. With these vehicles, the haulier becomes the first operator in Northern Ireland to put the latest Volvo model of FH on the road. The ten tractor units feature...
04.06.2021

Creating an air cargo hub in Siberia

In Central Siberia, Krasnoyarsk region, Krasnoyarsk International Airport (KJA) and Volga-Dnepr Group have signed a cooperation agreement for the development of cross-regional and international cargo operations, with KJA becoming...
04.06.2021

A farewell to Albert K.O. Schunk

Schunk Group, family-owned insurance broker for the Germany logistics industry, has announced that Albert K.O. Schunk, long-standing managing partner of the company, died unexpectedly on the morning of 31 May 2021, at the age of...
04.06.2021

Rising global fleet faces staff shortfall

London-based maritime consultancy Drewry draws attention to a growing concern of the high sea shipping industry, according to the latest Manning Annual Review and Forecast report. Due to the diminishing attractiveness of a...
04.06.2021

Hansetrans goes digital

Hanseatische Transportgesellschaft, a subsidiary of the Hansetrans group of companies, integrates digital solutions. Prices for any consignments can be called up on the homepage and orders including all required additional...
04.06.2021

Results of BMA’s mental health survey

The Bahamas Maritime Authority (BMA) recently released the results of the Seafarer Covid-19 Welfare Survey, which was conducted by deputy director and head of BMA’s investigations department Tom Jenkins. Many seafarers took...
04.06.2021

Kijfhoek is automated

Siemens Mobility has been awarded a EUR 110 million contract by Pro Rail to modernise and optimise the Kijfhoek freight railyard, the largest yard in the Netherlands and a vital link between the Rotterdam ports and major...
04.06.2021

"Curiosity of the Day"

Biologically, fungi are more closely related to animals than to plants.

04.06.2021

Nairobi number 1 of African cargo airports

In its "Air Transport Report 2020", the African Airlines Association (Afraa) also highlighted the evolution of the cargo business. The lockdowns and travel bans affected belly cargo volumes, which also declined because...
04.06.2021

Nordic barge service now in operation

Sweden’s first container barge shuttle service on inland waterways between Stockholm Norvik Port and the Port of Västerås set sail in June. The services are operated by German shipping company Deymann. On this EU class inland...
03.06.2021

Fifth Gulf state introduces TIR

Transport is becoming more efficient in the Middle East, now that the TIR system is going live in Qatar. TIR will help speed up supply chains in Qatar, which is set to host a series of major international events in the coming...
03.06.2021

China Southern Air Cargo expects OL

Guangzhou-based China Southern Air Cargo is set to be granted an operator's licence (OL) by the Civil Aviation Administration of China (CAAC) almost six months after it applied. The regulator said it had now completed its...
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