19.03.2021

AIT Worldwide fills its war chest

Less than three months after taking over Fiege's IFF activities, AIT Worldwide Logistics has concluded its partnership with private equity group Quad-C Management. While Quad-C sold its full stake, the New York City-based...
19.03.2021

7.49 t trucks for carbon-free city logistics

DB Schenker recently welcomed two fully electric and emission-free Fuso eCanter trucks from Daimler Trucks for use in Vienna (Austria). The 7.49 t vehicles have an output of 129 kW, a payload of up to 3.2 t and a range of at...
19.03.2021

Hapag-Lloyd can afford further acquisitions

Hamburg-based carrier Hapag-Lloyd has released its audited results for 2020. While revenues went up by 3.3%, amounting to USD 14,6 billion, ebitda grew significantly by 38.6% compared to 2019, passing the threshold of USD 3...
19.03.2021

ADAC Truckservice appoints new managers

ADAC Truckservice, a provider of mobility services, has filled two leadership positions. The Laichingen-based company (Germany), founded in 1980 and member of ADAC Group, named Tajana Bozic-Stiplosek (right), to lead customer...
19.03.2021

Three stand united for hydrogen

Ardmore Shipping, owner and operator of tankers, Element 1 (E1), headquartered in Bend, Oregon, and Maritime Partners, headquartered in New Orleans, have formed an equal share partnership called "e1 Marine" to bring...
19.03.2021

KWE's new facility learns how to fly

The Malaysian affiliate of Japanese Kintetsu World Express (KWE) has started operations at the new warehouse in the Free Commercial Zone (FCZ) of Penang Airport, Malaysia. This follows a new warehouse which opened 3 km from...
19.03.2021

Wireless data transfer with solar energy

VTG is investing in the digitalisation of its fleet. The German rail logistics and wagon hiring company has ordered 15,000 main GPS units which producer Intermodal Telematics (IMT) will deliver during the next 15 month. The...
19.03.2021

Responding 24/7 with a new product

Air France KLM Martinair Cargo has launched a new product to ensure that Covid-19 vaccines get the special attention they require. Launched this week after a trial period in selected countries, the "customised Covid...
19.03.2021

Licence to build Kazakhstan’s rail infrastructure

Sinara - Transport Machines (STM) has created a new subsidiary, STM Kazakhstan, as a joint venture with Kazakh Eurotrans Group, whereby STM will hold a share of 75 % and its partner 25%. The JV has all the necessary licenses and...
19.03.2021

"Curiosity of the Day"

The potato was the first vegetable to be successfully grown in space.

19.03.2021

Sea Ranger Service takes further steps offshore

Sea Ranger Service, a Utrecht (the Netherlands)-based organisation that offers zero-emission solutions to deliver offshore services, has appointed a new managing director. Christel Pullens, a former Dockwise manager and a member...
19.03.2021

No CO2 emissions on charter flights

According to the Environmental and Energy Study Institute, the US EPA reports that aircraft contribute 12% of the nation's transportation emissions and account for 3% of the USA's total greenhouse gas production. By 2050, it...
19.03.2021

Valenciaport started well in 2021

A good start for Valenciaport in January and February this year: The port handled 13,5 million t of goods and more than 917,000 teu, an increase of 5.89% and 3.53%, respectively, compared to the same period in 2020. The...
19.03.2021

XPO gives birth to GXO

US-headquartered XPO Logistics has created an umbrella spin-off of the group’s logistics business. The new company is to be named GXO Logistics. Brad Jacobs, current chairman and CEO of XPO Logistics, emphasised that the group's...
18.03.2021

Ontario trials autonomous truck driving

Ontario's government in Canada has budgeted CAD 3 million (EUR 2.025 million) to support retailer Canadian Tire and autonomous driving company Nuport to undertake an automated heavy duty trucking project. The two-year project...
18.03.2021

Duisport and Singapore JV invest in China

Multimodal Investments (MIPL) is the name of the new Singapore-based joint venture company that was jointly established by PSA Northeast Asia Supply Chain, a subsidiary of PSA International, and multimodal Duisburger Hafen AG...
18.03.2021

UK freight companies launch rail service

Maritime Transport and DB Cargo UK has introduced a new railfreight service between UK’s Port of Felixstowe and the East Midlands Gateway (EMG). It is Maritime's fifth connection with the Port of Felixstowe and the second new...
18.03.2021

General cargo's global growth potential

According to air cargo analyst WorldACD, February showed a worldwide year-on-year (YoY) weight increase of 1.1%, accompanied by a yield/rate increase in USD of 84%. After a strong volume drop in the middle of the month, the end...
18.03.2021

B&H Worldwide strengthens leadership team Asia

Aerospace logistics provider B&H Worldwide, founded in UK in 1988, is further expanding its leadership team in the Asia region with the hire of Eddie Chan as business development manager, Asia. From the company’s office in...
18.03.2021

Nile Dutch sails to Hamburg

Hamburg-headquartered carrier Hapag-Lloyd has inked an agreement with container shipping company Nile Dutch to take over all its shares. Financial details were not disclosed and the transaction is subject to regulatory...
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