Share sale raises almost USD 100 million 
For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million) from the sale of 40 million common shares of the... mehr
Grangemouth enhances rail facility
The Scottish port of Grangemouth is extending its railfreight offering to cement its position as the key strategic freight and export/import hub for Scotland. The GBP 3 million (EUR 3.3 million) investment will significantly scale up and modernise the port’s current rail... mehr
Medical contract for British player
Current Health, a provider of wearable healthcare devices and machine learning, aims to improve the delivery of patient care, deterioration prediction and research initiatives. To this end, the company has contracted Seko Logistics to enhance its global supply chain. Current... mehr
Paycargo augments senior management team
Online freight payment platform Paycargo has appointed two new vice presidents to its senior management team. Marta E. Ramirez, who brings over 25 years of experience in the logistics industry, including roles at American Airlines, DHL, Iata, Geodis, and most recently DB... mehr
From northern Italy to Sweden in 48 hours
Kombiverkehr intends to increase the range of combined transport services on the important north-south corridor between Scandinavia, Finland, the Baltic states and Italy by launching an additional block train product. Starting on 1 February 2021, a new direct train will run... mehr
Canaryfly opts for full-freighter
The Spanish airline Canaryfly is expanding its fleet, which was only made up of passenger aircraft until now. Today, 15 December 2020, the company put its first full-freighter into operation.The unit, converted from an ATR 72-500, has a maximum cargo capacity of almost 9 t. It... mehr
K Line welcomes newbuild
K Line has taken delivery of the “Cape Ace” 100,000-dwt bulker which was completed by Namura Shipbuilding, Imari Shipyard & Works. The vessel, compliant with the common structural rules for bulk carrier (CSR-BC), has wide shallow hull shape with six cargo holds which... mehr
Belgian carrier continues steel transports
Lineas has extended its partnership with NLMK Europe. The Belgian railfreight operator will continue to drive the majority of train services for the global steel company's Belgian and French operations for the coming years. The partnership goes back around twenty years, with... mehr
Sea-Intelligence expands management team
Sea-Intelligence, a Copenhagen-based provider of analysis in the container shipping industry, has appointed Bjorn Vang Jensen (photo), Jochen Gutschmidt, and David Macleod as vice presidents of the newly created advisory services - global supply chain, and Michael Helweg as VP... mehr
Transporting more Christmas
The Cwmbran (Southeast wales)-based logistics company Bridgetime Transport's services for its customer, Festive Productions, are in full swing. In the third year of their partnership, the Pall-Ex and Fortec shareholder member Bridgetime provides all of the logistics... mehr