Takeover to improve rail services 
With the acquisition of Dutch rail operator Independent Rail Partner (IRP), Belgium headquartered rail freight carrier Lineas is bolstering its position in the Port of Rotterdam and the Netherlands. IRP is an expert in first and last mile services in the Rotterdam region and... mehr
A first for Gameco
Last week, a delivery ceremony was held at Guangzhou-based Gameco to celebrate the first 737-800 Boeing converted freighter (BCF) completed for Bocomm Leasing and China Postal Airlines. It also marked the first time that the Chinese aerospace company has completed freighter... mehr
Freight trains even quieter by 2025
Less rail noise in Germany: by 2025 all DB Cargo‘s 850 electric locomotives will use quieter disc brakes – 90% of these engines have already been equipped accordingly. An obligatory ramp-up now applies to the remaining 10%. DB Cargo Germany will purchase only freight wagons... mehr
New York money for Texan freight forwarder
ATL Partners, an equity firm based in New York City, recently launched a funding round of about USD 300 million to invest in Austin (TX)-headquartered Arrive Logistics. The relatively young logistics firm, which was founded in 2014 and also runs an office in Chicago,... mehr
On infrastructure in Wilhelmshaven
In the port of Wilhelmshaven, Germany, state-owned port company Niedersachsen Ports is planning to spend EUR 8.9 million on refurbishing port infrastructure, significantly more than the EUR 3.9 million earmarked for the construction of new facilities in the state-owned areas of... mehr
Qatar Airways Cargo deploys emergency convoy
Today, 3 May 2021, 300 t of aid from around the world are consolidated and transported in a three-flight cargo aircraft convoy from Doha directly to destinations in India where it is most needed. As part of the "WeQare" initiative, Qatar Airways is supporting... mehr
Kate Kim to rule P&I Britannia in Korea
Britannia P&I has appointed Kate Kim as B Korea’s general manager, where her key focus will be to build and further strengthen member relationships. She will be joining a few months after B Korea was formally launched as Britannia P&I’s exclusive correspondent in the... mehr
ZIM pays back early
Haifa-based carrier ZIM Integrated Shipping Services is paying dues back earlier than planned, on account of its good results in 2020. The shipping company said that it intends to perform a mandatory excess cash redemption of 100% of its series 1 and 100% of series 2 unsecured... mehr
JV cargo operations in Baghdad
Masil, a joint venture of Menzies Aviation with Iraqi Airways, Air BP Limited and Al Burhan Group, has commenced cargo operations at Baghdad International Airport, with the launch of its "Cargo Go Live" initiative and manifesto for creating a world-class cargo terminal... mehr
No surprises for UPS in first quarter
UPS reports consolidated revenue of USD 22.9 billion in the first quarter of 2021. This is a significant rise of 27% compared to Q1/2020. Consolidated average daily business volume grew 14.3% year-on-year. Consolidated operating profit clocked in at USD 2.8 billion, showing... mehr