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01.11.2019

XPO's revenue decreases in Q3/2019

XPO Logistics has announced its financial results for the third quarter of 2019. Revenue was USD 4.15 billion for the quarter, compared with USD 4.34 billion for the same period in 2018. Net income attributable to common...

01.11.2019

Growth in world maritime trade slows down

The UN conference on trade and development (Unctad) in Geneva (Switzerland) has published the 2019 edition of its Review of Maritime Transport, covering the development of maritime freight, world fleet, rates and markets, ports...

01.11.2019

Russian Railways to work with Cargo Beamer

Russian Railways (RZD) and Cargo Beamer have signed a memorandum of cooperation to develop joint rail services between Europe and China and create new logistics products in Russia using Cargo Beamer technology. The technology...

01.11.2019

GDP certifications for WFS in South Africa

Worldwide Flight Services (WFS) has become the first air cargo handling company in South Africa to be awarded good distribution practice (GDP) certifications for its temperature-controlled pharma facilities, aligned to...

01.11.2019

Gerhard Hillebrand chairs road transport committee at DVF

Gerhard Hillebrand, vice president for transport of the ADAC and member of the presiding board of the Deutsches Verkehrsforum (DVF), a multi-modal association for passenger and cargo transport, chaired his first meeting as...

01.11.2019

ÖBB sells Q Logistics to Mutares

The Munich (Germany)-based holding company Mutares has received approval from the relevant vendors’ committees to purchase the business of Q Logistics, a logistics subsidiary of the Austrian state railways ÖBB. The take-over is...

01.11.2019

Hapag-Lloyd passes sulphur cap costs on to shippers

The Hamburg-headquartered shipping group Hapag-Lloyd will introduce a surcharge on the "IMO 2020 transition", passing on costs caused by the change in regulations on marine fuel. Classifying the IMO 2020 sulphur cap as...

01.11.2019

The first of 280 digital interlocking systems goes online

Train traffic on Germany’s 33,400 km long rail network will be controlled by 280 digital interlocking systems (DSTWs) in future. In the coming years, high-tech systems will gradually replace more than 2,600 interlocking boxes of...

01.11.2019

El Al's end of an era

After gradually replacing its B747-400 with new B787-9 since October 2017, El Al Israel Airlines is about to end commercial "jumbo jet" operations this week-end. According to Airline Route, the carrier has its last B747...

01.11.2019

“Curiosity of the Day”

Josef Jakobs was a German spy. In 1941 he was the last person to be executed in the Tower of London.

01.11.2019

Coli und Global renewables head jointly for Japan

Global Renewables Shipbrokers (GRS) from Hamburg is starting a strategic partnership with Coli Schiffahrt & Transport in the offshore renewables market in Japan. The aim of the cooperation is to provide joint project...

01.11.2019

Nexxiot accepted as member of ITCO

Nexxiot, a provider of the digitised supply chain, has been accepted as a member of ITCO (international tank container organisation). With over 170 members worldwide, the organisation represents the tank container...

01.11.2019

Ceva cares about medical equipment in India

In a further expansion of its global healthcare capabilities, Ceva Logistics has launched a specialist installation service in India for large-scale medical equipment using its own dedicated team of engineers and technicians....

01.11.2019

Disaster response resources for short lines in place

“Short lines need to be thinking through disaster preparation, response, mitigation and resiliency on the calm days so that they’re ready to respond in a crisis,” says the American short line and regional railroad association...

31.10.2019

US short line railroad deploys PTC

Illinois Railway (IR) is one of the first US short line railroads to implement fully functional positive train control (PTC) and enable state-of-the-art safety on its trains, according to Omnitrax that operates the line. The...

31.10.2019

Latam Cargo flies to Mount Pleasant

Having been chosen to operate the service in December 2018 following a tender process agreed between the British and Argentinean governments to introduce a new international air link to Mount Pleasant, Falkland Islands, Latam...

31.10.2019

Much more capacity for Garuda Indonesia

Garuda Indonesia and the Ireland-based aviation lessor and financier Gecas have entered into a lease agreement for two 737-800 Boeing-converted freighters (BCF). The passenger-converted aircraft are slated to be phased in...

31.10.2019

HMM issues convertible bond for new investments

The South Korea-headquartered carrier Hyundai Merchant Marine (HMM) plans to issue a convertible bond with a volume of KRW 660 billion (USD 562.4 million). The shipping company is highly indebted with KRW 4.1 trillion KRW (USD...

31.10.2019

Meantime Communications hires Justin Burns

Global PR and communications consultancy Meantime Communications has signed up experienced journalist and editor Justin Burns. Burns has worked for over six years in B2B trade publishing covering mainly aviation and air freight,...

31.10.2019

U-Freight launches iShipmore

The Filipino partner of the U-Freight Group (UFL) has launched iShipmore, a new online shipping platform to assist individuals who want to ship items bought online to consignees based in the Philippines. A major reason behind the...