16.12.2020

Air France to connect CDG with Caribbean

During the holiday season, Air France will be tripling capacity on its domestic network compared to the current capacity during lockdown, reaching up to 55% of the flight schedule operated during the same period in 2019. This...
16.12.2020

Supervisory board now complete

On the recommendation of the supervisory board, the shareholders’ AGM has appointed Nynke Dalstra as Port of Rotterdam Authority supervisory board member effective as of 15 December 2020. Dalstra brings with her a great deal...
16.12.2020

Stadler wins contract in Uruguay

Swiss manufacturer Stadler has signed an agreement with freight company Portren to supply seven EURO4001 diesel-electric locomotives for the freight railway. It is Stadler’s first contract in Uruguay. Deliveries are expected...
16.12.2020

Lack of containers is complex, says Drewry

The maritime consultancy Drewry reports that container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, the analysis shows that...
16.12.2020

A unicorn was born - to expand

Two months before the end of the year, Austria-headquartered Cargo-partner exceeded the mark of EUR 1 billion in annual billing for the first time in its existence. The company is thus well on the way to achieving its target of...
16.12.2020

Crossing the globe

Global Crossing Airlines estimates the delivery of its first A321F, as part of the Vallair LOI announced 20 October 2020, will be June 2021. In addition to this freighter, GlobalX is close to finalising the leases for its first...
16.12.2020

Roger to lead Gefco in Morocco

The Moroccan subsidiary of the Gefco Group, a global player in the industrial supply chain and a major provider of automotive logistics in Europe, has appointed Sébastien Roger to oversee its growth strategy, which is currently...
16.12.2020

MSC carries on both shoulders

Recently, Alphaliner pointed out that MSC is currently investing heavily in used vessels instead of newbuilds. In its race with Maersk over the title of the biggest global carrier, MSC has spent over a quarter of a billion...
16.12.2020

CN adds hub to tri-coastal network

Canadian National Railways (CN) is launching a new inland distribution terminal in New Richmond, WI, USA. The multipurpose facility will include an automotive compound for finished vehicles, and an intermodal terminal to...
16.12.2020

Two more joint ventures in Africa

In Africa, new joint ventures in Egypt and Ethiopia have been concluded involving a major European player. In Egypt, IBA Freight Services, headquartered in Cairo close to the city’s international airport, has sold a majority...
16.12.2020

"Curiosity of the Day"

Of the 781,000 babies that were born in Germany in 2019, around 29,000 were multiples. Therefore, every 27th new born baby was a multiple.

16.12.2020

The hour of truth

On 1 December 2020, US Customs and Border Protection (CBP) officers in Louisville halted four shipments, all from the same shipper in Hong Kong and headed to Salt Lake City, UT, that each contained 320 counterfeit Rolex watches....
16.12.2020

Banking on e-commerce

Elliott Rodgers has been elected to the board of directors of Levi Strauss & Co. He has more than a decade of experience in the retail industry. Stephen C. Neal, chair of the board: "Rodgers has deep knowledge of...
16.12.2020

Share sale raises almost USD 100 million

For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million)...
16.12.2020

Grangemouth enhances rail facility

The Scottish port of Grangemouth is extending its railfreight offering to cement its position as the key strategic freight and export/import hub for Scotland. The GBP 3 million (EUR 3.3 million) investment will significantly...
16.12.2020

Medical contract for British player

Current Health, a provider of wearable healthcare devices and machine learning, aims to improve the delivery of patient care, deterioration prediction and research initiatives. To this end, the company has contracted Seko...
16.12.2020

Paycargo augments senior management team

Online freight payment platform Paycargo has appointed two new vice presidents to its senior management team. Marta E. Ramirez, who brings over 25 years of experience in the logistics industry, including roles at American...
15.12.2020

From northern Italy to Sweden in 48 hours

Kombiverkehr intends to increase the range of combined transport services on the important north-south corridor between Scandinavia, Finland, the Baltic states and Italy by launching an additional block train product....
15.12.2020

Canaryfly opts for full-freighter

The Spanish airline Canaryfly is expanding its fleet, which was only made up of passenger aircraft until now. Today, 15 December 2020, the company put its first full-freighter into operation.The unit, converted from an ATR...
15.12.2020

K Line welcomes newbuild

K Line has taken delivery of the “Cape Ace” 100,000-dwt bulker which was completed by Namura Shipbuilding, Imari Shipyard & Works. The vessel, compliant with the common structural rules for bulk carrier (CSR-BC), has wide...
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