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...
08.05.2022

Changing its modal split

The carrier ONE to make use of Metrans intermodal services.
06.05.2022

Alibaba means business

The Cainiao network is a key tool in the armour.
06.05.2022

Mining company tests electric locomotives

Vale, a mining and logistics company based in Brazil, has received its second 100% electric and battery powered locomotive. Manufactured in China by CRRC Zhuzhou Locomotive, the unit will initially operate in the Ponta da Madeira...
06.05.2022

UPS picks Ufku Akaltan

Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired....
06.05.2022

Finnair flies freight around Russian airspace

In April 2022, Covid-19 was still having an impact on Finnair's passenger figures, particularly to/from Asia. The Russian airspace was closed at the end of February, resulting in reduced routes and frequencies in Far East...
06.05.2022

Cosco still doing fine?

The first quarter of 2022 could be the calm before the storm for Cosco Shipping Ports. Throughput moved sidewards compared to Q1/2021, amounting to 30.3 million teu, a slight increase of 0.3%. Yet, revenues surged by 21.4% to...
06.05.2022

DB Schenker to sail on the fjord

Who would have thought that DB Schenker, regularly active on land and on rail, would be setting sails – will a fully electric vessel? The company says that it is planning the operation of a zero-emission coastal container feeder...
06.05.2022

For luxury in Latin America

Cosmetics retailer Sephora, an affiliate of LVMH (Moët Hennessy Louis Vuitton), recently inked a new five-year contract with Ceva Logistics, an affiliate of CMA CGM, for activities in Latin America. Ceva has been working with...
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