11.03.2022

DPD 2021 in full swing

France-headquartered DPD group, an affiliate of Geo Post, has reported its results for 2021. Revenues amounted to EUR 14.7 million, a 14.8% increase compared to 2020, while operating profit went up by 25%, passing the mark of EUR...
11.03.2022

Series B funding round raises USD 40 million

Berlin-headquartered start-up Instafreight recently closed is Series B funding round at USD 40 million. The financing round was led by Heliad and the European Investment Bank (EIB). All previous investors also participated in...
11.03.2022

Interline service from Mexico to Chicago launched

In partnership with Kansas City Southern (KCS), Canadian Pacific Railway (CP) recently launched the first dedicated international intermodal train between Lazaro Cardenas in Mexico and Chicago in the US Midwest. This first train...
10.03.2022

Rail bridge to ship relief supplies to Ukraine

In Germany, DB Cargo and DB Schenker have set up a logistics network in cooperation with Polish and Ukrainian railway companies to ship relief supplies by truck and rail from Germany directly to Ukraine. Donations are...
10.03.2022

Tidewater expands offshore services

Banyan Overseas, a subsidiary of Hong Kong-based Swire Pacific, has entered into a sale and purchase agreement with Tidewater, a company listed on the New York stock exchange. The subject of the deal is the sale of 100% of...
10.03.2022

Cargobeamer strengthens management

Cargobeamer, an operator of unaccompanied transport of non-cranable semi-trailers in Europe, has appointed manager Boris Timm (left) as COO. Timm will also join the company’s executive board. He recently served as head of...
10.03.2022

Finnair finds ways to Asian cargo hubs

Finnair is updating its traffic programme after the closure of Russian airspace. With cargo prices still rising, the company can continue its passenger services to its key Asian markets despite the longer flight times....
10.03.2022

Vygon takes over distributor in Peru

France-based Vygon, a global medical devices group, has acquired Macatt Medica, a distribution company headquartered in Lima (Peru). Founded in 1997, Macatt Medica has been distributing the majority of Vygon’s products,...
10.03.2022

First fully electric car transporter in service

In Switzerland, the transport company Galliker, the body manufacturer Kässbohrer and the e-truck manufacturer Designwerk have jointly developed and built the country's first fully electric car transporter. The vehicle is now...
10.03.2022

ZIM sees volumes rise

ZIM has reported its consolidated results for the full year 2021: the Haifa-based carrier handled 3.48 million teu over the year, an increase of 23% compared to the same period last year, thus recording a stronger performance in...
10.03.2022

MBO at Le Roy Logistique

Rennes (France)-based Le Roy Logistique group, which was founded in 1947, has sold the majority of its capital to more than 20 executives, including its president Serge Rambault. The traditional shareholders are staying on board....
10.03.2022

Etihad Cargo sets new revenue record

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, achieved record revenue growth 49% in 2021 with a 27% year-on-year increase in freight carried, contributing towards 55% of the group’s revenue. “The Etihad...
10.03.2022

Four Parx picks Eileen Teichmann

Four Parx, a project developer specialising in innovative and sustainable commercial and logistics space, has chosen its innovation manager Eileen Teichmann to head the property management division. Teichmann’s...
10.03.2022

More connections to Sardinia

A focus on Sardinia: Grimaldi is launching its new Savona-Porto Torres maritime connection in April 2022, with the ro-pax vessel “Zeus Palace” being deployed on the route. From 11 April until 1 July 2022 and then again from...
10.03.2022

New combined road-rail service in East Africa

MSC has introduced its first intermodal service in Ethiopia. The new solution combines road and rail transport between Djibouti and Ethiopia and facilitates smooth imports and exports out of landlocked Ethiopia. Imports can...
10.03.2022

Teleport goes live on Webcargo this month

Teleport, the logistics venture of Capital A (formerly Air Asia Group), will soon go live on Webcargo, enabling easier and faster digital access to Teleport’s fleet capacity to over 3,000 global freight forwarders around the...
10.03.2022

"Curiosity of the Day"

55% of all passengers buy a snack at the airport. 

10.03.2022

Maersk appoints Aruna Hussain

Maersk has named Aruna Hussain as managing director of Sealand – A Maersk Company, Europe & Med. She started her career at Maersk in 2000, where she worked in liner and trade roles in Pakistan and UK before moving to Damco in...
10.03.2022

Decision on LNG Terminal in Brunsbüttel

In Germany, the long dispute on the location of the planned LNG Terminal seems to have come to an end. Gasunie and the Kreditanstalt für Wiederaufbau (KfW) (on behalf of the German federal government) have signed a memorandum of...
10.03.2022

Planning to test electric mining truck

Teck and Meda Tech will begin piloting a fully electric on-highway transport truck to haul copper concentrate in Canada in summer 2022. The start of the trial will mark the first use of a battery-electric truck to transport this...
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