05.11.2021

CMA CGM buys FMS in Los Angeles

It is a new chapter in CMA CGM's Transpacific trades. The French Group is acquiring the Fenix Marine Services (FMS) container terminal at the port of Los Angeles. The transaction is valued at about USD 2 billion. CMA CGM...
05.11.2021

No limits for DHL Group

Deutsche Post DHL Group has again improved its figures, in Q3 of the current financial year 2021 as well. Revenues surged by 23.5% to reach the threshold of EUR 20.0 billion, while the group's operating profit (ebit) went up by...
05.11.2021

Umco: Winter is coming

Umco has been providing compliance solutions for the global distribution of chemicals for almost 40 years. The company's safety health environment division, to which the dangerous goods team is also affiliated, has been given a...
05.11.2021

Focus on leasing business

Suttons International is acquiring ISO tank containers, personnel and overseas customer contracts from VTG Tanktainer, including VTG's shares in the Brazilian JV Mission Line. VTG's stake in the Cosco VTG Tanktainer JV to serve...
05.11.2021

Rushlift GSE wins global contract with Menzies

Rushlift GSE, the specialist airport ground support equipment subsidiary of Doosan Industrial Vehicles UK, has entered into a six-year global framework agreement with airport ground services company, Menzies Aviation, to supply...
05.11.2021

Hydrogen production site planned in Gothenburg

The Port of Gothenburg and the Norwegian energy company Statkraft have formed a coalition to construct a hydrogen production facility at the port, with operations due to commence in 2023. Initially, the facility will have a...
05.11.2021

Expeditors getting far

Global logistics company Expeditors, which is headquartered in Seattle/Washington, has reported its Q3/2021 financial results. Revenues jumped up by 84% to USD 4.3 billion compared to the same period in 2020 (USD 2.3...
05.11.2021

Unipart chooses Ian Truesdale

Ian Truesdale has been appointed managing director of Unipart Logistics, the logistics and supply chain arm of Unipart Group, one of Britain’s largest independent companies in the sector. He succeeds Frank Burns, who has been...
05.11.2021

European road freight rates at record highs

The European road freight rate benchmark for Q3/2021 shows that prices have hit historic highs across Europe, driven by a mix of robust economic growth, global supply chain bottlenecks, rising costs and scarce capacity, the...
05.11.2021

ID Logistics US picks William Parramore

ID Logistics has named William Parramore as managing director of ID Logistics USA. He has 25 years of experience logistics and supply chain and holds an MBA in business/managerial economics from Paris Dauphine University. In...
05.11.2021

GlobalX inducts first A321 for cargo conversion

Global Crossing Airlines’ (“GlobalX”) first A321 passenger to freighter aircraft has entered the first phase of conversion at Hong Kong Engineering Company Limited (“Haeco”) in Lake City Florida. The aircraft will be inducted in...
05.11.2021

Geodis' first generation of mobile robots

Geodis is upgrading a distribution centre in Hong Kong, SAR China, by implementing warehouse-based robotics and automation technology supplied by Geek+, a supplier of smart logistics tools through advanced robotics and artificial...
05.11.2021

"Curiosity of the Day"

Female strawberry poison dart frogs feed their young with unfertilised eggs.

05.11.2021

Flowfox links up with DCSA

The Digital Container Shipping Association (DCSA) was founded in 2019 as a joint effort of carriers to support the development of global, digital standards in shipping. Now, Flowfox is starting to work with DCSA on the import...
05.11.2021

First autonomous electric pod system in service

Swedish freight technology specialist Einride and GE Appliances (GEA) are working together to implement electric and autonomous transport at scale. It will be the first time an autonomous and electric truck will be operating on...
04.11.2021

Cabotage extension for Christmas business in UK

New rules in UK will allow EU drivers to make unlimited deliveries in a 14-day period, as opposed to the current regulation, which only allows EU hauliers to make two deliveries or two collections in a week. The relaxation of...
04.11.2021

John Nardi (NYSA) named Person of the Year

John Nardi, president, New York Shipping Association (NYSA), has been named the 2022 Person of the Year by the New York/New Jersey Foreign Freight Forwarders and Brokers Association (NYNJFFFBA). A 38-year maritime industry...
04.11.2021

Rotterdam-Moscow rail shuttle relaunched

For the first time since 2005, customers can again use a direct rail connection between Rotterdam and Moscow. The reintroduced shuttle, operated by Russian transport company Smartcontainer, will link the Dutch port and the...
04.11.2021

Cosco's new link to West Africa

Cosco Line has launched a new service from the port of Bilbao to West Africa, with Vasco Shipping Services as its agent for Spain. This unit, belonging to Vasco, was created in 2000 as an exclusive representative for the Chinese...
04.11.2021

A good Echo from the market

Chicago-based and Nasdaq-listed Echo Global Logistics has reported its financial results for Q3/2021. In September, Echo entered into a definitive merger agreement to be acquired by funds managed by The Jordan Company, a global...
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