17.06.2021

Unprecedented profits continue

The Copenhagen-based maritime consultancy Sea-Intelligence reported that the eleven largest shipping lines generated combined operating profits of USD 13.3 billion in H2/2020. Results for the large shipping companies remained...
17.06.2021

Czech carrier receives 35 wagons

Ermewa has extended its long-standing cooperation with its business partner, Czech railroad company Carbosped, by signing a contract for the lease of 35 new Eanos railfreight cars. Carbosped will use the leased wagons to...
17.06.2021

Cars made in Romania shifted to rail

Gefco and Renault have extended their agreement for the Mioveni-Constanta and Constanta-Bucharest finished-vehicle (FVL) flows for a further three years and retained FVL flows to Italy and Belgium. To achieve commercial...
17.06.2021

Developing an electrical airship platform

Skyborne Technology (STI), Research in Flight (RIF) as prime contractor and Auburn University from Alabama (USA) are now prototyping an electric extended range airship with modular payload under the 1st phase of the Air Force...
17.06.2021

Big money for Paycargo

Freight payment platform Paycargo has found more investors. A USD 125 million Series B investment was secured by global venture capital and private equity firm Insight Partners. The freight payments network currently counts...
17.06.2021

DP World invests in Canada

The Port of Saint John's in Newfoundland, Canada will benefit from a USD 250 million investment. Operator DP World’s plans include a consolidation of the Rodney and Navy Island terminals with a longer pier, a terminal upgrade and...
17.06.2021

Cargo iQ: new board members to continue strategy

Cargo iQ, a cross-stakeholder supply chain quality management organisation, recently appointed two new board members, Fedor Nokikov (photo) as marketing director at Volga-Dnepr Group and Clark Fritzsch as global head of business...
17.06.2021

New nonstop connections for Alaska

Alaska Air Cargo is increasing its year-round nonstop service to Anchorage (ANC) – adding routes to Chicago and Las Vegas, and expanding services to Phoenix and Maui from seasonal to year-round. Three new cities will also get...
17.06.2021

New partnership for zero emissions

The European Commission and the Waterborne Technology Platform have inked a memorandum of understanding (MoU) for a co-programmed partnership within the Horizon Europe framework. The partnership will provide and demonstrate...
17.06.2021

CNH Industrial finds CEO for On-Highway

CNH Industrial has named Gerrit Marx as the designated CEO of its On-Highway business, which is soon to be spun-off. Independent operations are set to start in early 2022, with Marx at their head. On-Highway will include the...
17.06.2021

"Curiosity of the Day"

Alcohol has a similar effect on bees as it does on humans, as the structure of the nervous systems is similar. Researchers use bees to study the long-term effects of alcoholism in humans.

17.06.2021

The art of logistics

At its Somaglia site in Italy, Ceva Logistics turned a logistics park into an open-air, urban art gallery. As part of the Prologis Parklife initiative, eight internationally Italian urban artists used 40,000 sqm of building...
17.06.2021

Railroad association honours rail hubs

Terminals operated by Total Distribution Services (TDSI), a CSX subsidiary, received the Association of American Railroads (AAR) Terminal of the Year Award in both the origin and destination categories. The award winners are...
16.06.2021

Fast track to Zimbabwe

DP World Maputo has dispatched the first dedicated container train connecting Maputo (Mozambique) and Harare (Zimbabwe). The new service will not only enhance DP World Maputo’s position as a gateway to Zimbabwe, but also improve...
16.06.2021

More eco-transports by train and gas truck

ÖBB Rail Cargo Group (RCG) and Lamborghini are launching a new railfreight link for transporting Lamborghini Urus bodies from the VW plant in Zwickau, Germany, to Lamborghini’s headquarters in Sant'Agata Bolognese near Modena in...
16.06.2021

Korean Air's longest flight ever

Thanks to Covid-19, Korean Air flew its longest non-stop flight since its establishment in 1969 using one of the 16 passenger planes it has converted into freighter aircraft by removing passenger seats. Flight KE8047, one of...
16.06.2021

ONE to certify land operations

Following Ocean Network Express’ (ONE) ISO 14001 certification in marine operations in 2018, the company’s affiliates in Europe and Africa plan to obtain the same accreditation but this time enhancing their environmental...
16.06.2021

Menzies continues shopping spree

In UK, Menzies Distribution has acquired JBT, a Scottish logistics and supply chain services company with an annual turnover of GBP 23 million. With the takeover, Menzies adds 200 vehicles and six operating sites to its...
16.06.2021

Cargo softens first non-profitable year

With a loss of AED 22.1 billion (USD 6.0 billion), 2020-21 was Emirates Group's first non-profitable year in over three decades. With the strong demand in air freight throughout the year, Emirates Skycargo reported a revenue...
16.06.2021

Gulftainer gets new CFO

Gulftainer, an independent port management and 3PL logistics company based in the UAE and the parent company of GT USA, has appointed Javier Echeverria as its new CFO, to support its international expansion and growth strategy....
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