Liscont taken over by Yilport
Terminal operator Eurogate has sold its shares in the Portuguese container terminal in Lisbon. The 16.34% will go to global port and terminal operator Yilport, which is domiciled in Turkey and now holds all shares in Liscont. The purchase price was not disclosed; according to... mehr
Metrans expanding in the East
The German intermodal company Metrans, a subsidiary of HHLA, has taken over the firm CL Europort, and the logistics centre of the same name, in the Polish town of Małaszewicze. The centre is near the Belarusian border and is a key hub for freight traffic in Central and Eastern... mehr
No short-term injection of long-haul cargo services
Cathay Pacific Cargo will continue to implement very substantial reductions to its long-haul capacity in the first quarter of 2022, on account of the latest aircrew quarantine measures imposed by the government of the Hong Kong SAR, decreed in view of rising cases of infection... mehr
Bolloré receives billion-euro offer from MSC
In December the Bolloré Group received an offer from the Geneva-based MSC Group to acquire its entire African logistics operations. The offer was submitted on the basis of a valuation (net of minority interests) of EUR 5.7 billion. Bolloré has granted MSC exclusivity until the... mehr
Strong start to 2022 – but clouds on the horizon
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 123.9 points (seasonally adjusted) to 125.3 points in November, according to the latest flash estimate. The index... mehr
Horse-drawn carriages to cargo drones
DB Schenker is celebrating its 150th anniversary in 2022. On 1 July 1872 Gottfried Schenker founded DB Schenker in Vienna in Austria. His approach – combine individual shipments in collective consignments – was an absolute game-changing innovation at the time. Building on this... mehr
Deputy directors for Swiss civil aviation and environment...
Switzerland’s environment, transport, energy and communications ministry has appointed Martin Schmid Ding as the deputy director of its federal office of civil aviation (Foca), and Paul Steffen as the deputy director of its federal office for the environment. Martin Schmid Ding... mehr
First Saab 2000 cargo conversion under way
Täby Air Maintenance (TAM) is finalising a project to convert the high-speed turboprop Saab 2000 regional airliner into a cargo configuration. The conversion project is being spearheaded in close collaboration with launch customer Jetstream Aviation Capital, from Miami FL... mehr
LF Logistics sold for USD 3.2 billion
Just before Christmas Copenhagen-based A.P. Moller-Maersk announced the acquisition of LF Logistics, a Hong Kong-based contract logistics company that specialises in omni-channel fulfilment services in the Asia-Pacific region. According to CEO Soren Skou the move represents... mehr
Three New Silk Route players join forces
Russian Railways Logistics (RZDL), Rail Cargo Hungaria and CER Cargo Holding have signed a letter of intent to establish a joint venture to strengthen transport routes between China and Europe by providing quality logistics services. The managers expect the new company to start... mehr