02.05.2024

A year-defining acquisition

The Geis Group was able to raise its turnover and expand its service portfolio in 2023. It attributed this performance to the majority takeover of Quehenberger Logistics, which defined its growth last year. At EUR 1.89 billion,...
02.05.2024

Container imports rebound

The port of Gothenburg posted record-breaking container throughput in Q1/2024, surpassing previous levels. Last year, exports drove record numbers, but imports declined nearly 20% due to high interest rates and a weak Swedish...
02.05.2024

LX Pantos opens rail terminal in Hungary

The Austrian Rail Cargo Group has leased a rail terminal in Tata (Hungary) to LX Pantos, a logistics services operator from South Korea. The partners plan to jointly develop business opportunities in the automotive and battery...
02.05.2024

A second 737-800 freighter for Kenya Airways

GA Telesis (GAT), a leader in integrated aviation services, has delivered the second of two Boeing 737-800SF freighters to Kenya Airways. The aircraft is part of the GA Telesis' owned fleet and was delivered to Kenya Airways as...
02.05.2024

TMX Transform bolsters North American team

TMX Transform, an end-to-end supply chain consultancy serving global businesses, has appointed Chris Michel, former vice president of technology at Select Brands, as director of digital solutions, and Jeff Wullenweber, a 24-year...
02.05.2024

Launching freight insurance in Europe

After establishing its freight insurance services in North America, the company Loadsure is now planning to gradually expand in Western and Northern Europe. Effective immediately, Loadsure is approved to write business in Europe,...
02.05.2024

China flags off new trains to Moscow

One of the new trains connects Moscow with Taiyuan in North China and the other runs to Shandong in East China. The Taiyuan train is served by China Railway Express (CRE). As the capital city of Shanxi province, Taiyuan boasts a...
02.05.2024

More sustainability instead of more dividends

At Hapag-Lloyd’s annual meeting on 30 April, the environmental group Nabu and the Dachverband der Kritischen Aktionärinnen und Aktionäre (German association of critical shareholders) criticised that the company does not give...
02.05.2024

"Curiosity of the Day"

Fish can die of sunburn.

02.05.2024

Partnership reaffirmed

The global airline and airport services provider Menzies Aviation has extended a major contract with Malaysia Airlines for a further five years. It will continue to offer passenger, ramp, and cargo services at five locations in...
02.05.2024

A leadership transition at Forward Air

Forward Air Corporation has named Shawn Stewart chief executive officer and a director of the board, effective 28 April 2024. Michael Hance, who served as interim CEO, will now be chief legal officer and secretary. Stewart is...
02.05.2024

Hispack 2024 to pack a punch

Spain’s largest packaging fair will see 780 exhibitors come together to showcase their newest innovations in the field. Dubbed Hispack 2024, it will be held in Halls 2 and 3 of Fira de Barcelona’s Gran Via between from 7 to 10...
02.05.2024

Teaming up for shipbuilding innovations

The Indian Register of Shipping (IRS) has signed an MOU with the Maritime Research Institute Netherlands (Marin), effective 29 April 2024. The partnership aims to enhance IRS's technical capabilities in shipbuilding through...
30.04.2024

Lagermax maxes out 2023 performance

A 12% increase in sales and a record result for FY/2023: this performance is indeed good news for the Lagermax Group’s management. With sales of EUR 730 million, the group achieved a record in 2023, backed by EUR 55 million...
30.04.2024

China and Serbia strengthen trade ties

The state-owned company Zhengzhou International Hub (ZIH) has launched a railfreight service to Serbia. The China Railway Express (CRE) train left Zengzhou in the Province Henan (Central China) last Friday (26 April 2024) and is...
30.04.2024

FAA fines Asia Pacific Airlines

The US Federal Aviation Administration (FAA) proposes five civil penalties totalling USD 2.9 million against Asia Pacific Airlines, an B757F operator based in Guam: - USD 2.5 million for allegedly using unqualified pilots on 163...
30.04.2024

Amelia Corti to follow Emilio Bellingardi

The board of directors of Sacbo, chaired by president Giovanni Sanga, has appointed Amelia Corti as director general. She is currently CEO of BIS - BGY International Service, the handling company belonging to the Sacbo Group....
30.04.2024

Homing in on a Hungarian hub

Gebrüder Weiss has completed its EUR 25 million expansion project near Budapest. Its hub in Dunaharaszti now measures 10,000 sqm with spaces for offices, a handling facility, and a high-bay warehouse. The company has been...
30.04.2024

Reducing fuel costs and CO2 emissions

UK-based parcel shipment specialist Yodel has taken delivery of 80 S.BO Pace trailers from Schmitz Cargobull. The trailers will operate in England, Scotland, and Wales, covering all 47 of Yodel’s service centres as well as its...
30.04.2024

Global maritime city rankings in 2024

The 2024 "Leading Maritime Cities of the World" report, researched by DNV and Menon Economics, rigorously evaluates global maritime hubs. Singapore claims the top spot this year, excelling in digital transformation and...
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