19.02.2019

Schulte Group's acquisition in Singapore

The Hamburg-based Schulte Group has acquired a majority stake in Tec Hull Clean Limited (THC), a services provider in the maritime business. The Singapore-registered company specialises in underwater inspection, repair and...
19.02.2019

Deutsche Post DHL and SF Holding conclude supply chain deal

Deutsche Post DHL Group has concluded a landmark deal to transfer its supply chain operations in mainland China, Hong Kong and Macau to SF Holding. The transaction involves the supply chain business and has no bearing on DPDHL...
19.02.2019

Fedex chooses Raj Subramaniam as president and COO

Fedex has appointed Raj Subramaniam as president and COO, effective 1 March. This appointment follows David J. Bronczek’s personal decision to retire as president and COO and from the board. Subramaniam will remain president...
19.02.2019

Champ Cargosystems helps to measure emissions

With the introduction of the new carbon offsetting and reduction scheme for international aviation (Corsia) initiated by Icao, the air cargo supply chain provides a unique opportunity for more stakeholders to measure their...
19.02.2019

Improving rail traffic for Vancouver’s port

The Government of Canada, the Vancouver Fraser Port Authority and Canadian National Railways (CN) have signed an agreement to upgrade key infrastructure in the Greater Vancouver area. The project is part of a long-term...
19.02.2019

Ebitda target is coming closer

In 2018 Agility reported a net profit of KWD 81.1 million (USD 267 million), up 18.4% compared to 2017. Revenue for the year reached KWD 1.55 billion (USD 5.1 billion), and ebitda was KWD 154.8 million (USD 509.6 million),...
19.02.2019

“Curiosity of the Day”

A camera has been installed on Andy Warhol‘s grave in Pittsburgh (USA) that transmits live pictures on the internet, 24 hours a day. https://www.warhol.org/andy-warhols-life/figment/

19.02.2019

Wabco Automotive moves its headquarters to Bern

Wabco Automotive, a supplier of braking and driving systems for utility vehicles, will move its global headquarters to Bern (Switzerland). The US company has so far run its global business from Brussels (Belgium). In a first...
19.02.2019

Port of Hamburg sets a steady course

In 2018, the port of Hamburg handled 135.1 million t of sea cargo, similar to the result of the previous year. One of the reasons for the slight decrease of 1% was a drop in bulk cargo volumes. Loaded container volumes remained...
18.02.2019

Czech locomotives ordered Emilia Romana region

CZ Loko has won a tender to supply two EffiShunter 1000 locomotives to the Italy-based TPER joint stock company. The latter also has an option for another four units. The shunters will be used by TPER's subsidiary Dinazzano PO,...
18.02.2019

Hydrogen fuel - on its way to Auckland

The New Zealand-based port operator, Ports of Auckland, is to receive some financial support for purchasing hydrogen fuel cell vehicles from the government’s low emission vehicles contestable fund. Ports of Auckland, along...
18.02.2019

ACS recognises importance of Atlanta

The aircraft charter specialist Air Charter Service (ACS) has opened its sixth office in the USA in Atlanta GA. It is in the hands of the experienced Joseph Chiantia, who previously worked in the company's New York office. Prior...
18.02.2019

Estonian carrier shifts goods from road to rail

Estonia’s state-owned transport and logistics company, Operail, operated its first train service on the domestic Tartu-Sillamäe-Tartu container line last week. The company says that the container line from Tartu to the port...
18.02.2019

Gearing up for carnival

Carnival is one of the longest and most important holidays in Brazil. It is important that companies are prepared, as the event starts making an impact the week before the holiday. During that period fuel sales increase...
18.02.2019

First woman presiding over Fedespedi

The general assembly of Fedespedi (Italy's federation of international freight forwarders), has elected Silvia Moretto, CEO of the D.B. Group, based in Montebelluna, near Venice, as president for the next three years....
18.02.2019

UK fund manager acquires ASL Aviation

Star Capital Partnership has reached agreement with ASL Holding's shareholders, Compagnie Maritime Belge (51%) and 3P Air Freighters (49%), to acquire a 100% stake in ASL Aviation Holdings. The latter acquired the airline...
18.02.2019

Modest growth at Rotterdam

At 469 million t, the port of Rotterdam’s total throughput in 2018 was only slightly higher than in 2017 (467.4 million t). Container transhipment, with a 4.5% increase in tonnage, drove the growth. The surge, measured in teu was...
18.02.2019

More contracts collared, but turnover shrinks

Green Cargo, a state-owned railfreight enterprise in Sweden, has posted its 2018 annual results. They were impacted by decreasing transport volumes, rising fixed costs and extreme weather conditions. The 2018 turnover sank by...
18.02.2019

Globaltruck Management augments fleet

Globaltruck Management, one of the largest FTL trucking companies in Russia, has tabled its operating results for full year 2018. As of 31 December 2018, the group’s truck fleet in operation totalled 1,363 vehicles, 223...
18.02.2019

Pamyra collaborating with Fresh Logistics System

Pamyra.de, a Germany-based transport comparison platform, has entered into a partnership with the logistics service provider Fresh Logistics System (FLS). The aim is to stop empty truck runs from Hamburg to Berlin in future....
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