PIL: earlier USD 1 billion payback 
Record freight rates continue to impact the high sea shipping industry. In Singapore, Pacific International Lines (PIL) has announced that PIL will be making an early repayment to creditors who were subject to the scheme of arrangement (scheme) which PIL entered into as part of... mehr
Dnata expands into Africa
Dnata has signed a concession agreement with the government of Zanzibar: Dnata will oversee the operations of Zanzibar Abeid Amani Karume Intl Airport's (ZNZ) newly-built international terminal (T3), with Segap supporting the Zanzibar Airports Authority (ZAA) in a management... mehr
Cheryl Davies LAX port director
US Customs and Border Protection (CBP) hosted a change of command ceremony to formally instate Cheryl Davies, formerly assistant port director, passenger operations, as port director for the Los Angeles International Airport (LAX). She will oversee Las Vegas McCarran... mehr
Switzerland pushes ahead with modal shift
Switzerland's efforts to shift transalpine freight traffic from road to rail have made further progress over the last two years: the share of rail has risen to 74%, the highest level in 25 years, while lorry journeys have fallen to around 900,000 per year. However, the shift... mehr
Warehouse extension in Poland
H&M Group and its services provider Arvato Supply Chain Solutions have broken ground for the expansion of the distribution centre in Stryków, Poland. The partners, who have been cooperating in Poland since 2018, have extended their contracts for several years. Warehouse size... mehr
Two fly high
Flypop has partnered with Hi Fly airline to meet international cargo demand and commence its zero LOPA cargo operations. Hi Fly is the world's largest wide-body aircraft wet lease specialist with AOC’s in Portugal and Malta, and licensed to operate globally. The airline runs a... mehr
Growing with FTL services in USA
Gebrüder Weiss (GW) has expanded its transport portfolio within USA to include full truckload (FTL) services. Less than truckload (LTL) solutions will continue to be offered in addition to FTL solutions. The expansion is another step in the freight forwarder’s overall growth... mehr
Growth in seafreight to last until 2027
In a recent study, Dublin-based analyst Research and Markets reported that the global market for seafreight forwarding, estimated at 64 million teu in the year 2020, is projected to reach a revised size of 72 million teu by 2027. Packaging, one of the segments analysed in the... mehr
Diversifying in rail infrastructure market
Sinara Transport Machines Holding (STM) has established a new railway infrastructure division, which will focus on the development and provision of various services for the infrastructure of Russian Railways (RZD) and other customers. Vitaly Votolevsky, STM deputy general... mehr