USD 100 million for Project44 
Project44, a startup founded in 2014 that specialises in supply chain visibility for shippers and logistics companies, has secured a further USD 100 million investment funds in a Series D financing round. The new funding raised by Insight Partners will be used to expand the... mehr
Covid-19 crisis makes Liège a millionaire
Specialisation in goods transport has moved Liège airport (LGG) up to the top of the table as an essential link in the fight against the pandemic. The Belgian airport saw a 24% increase in the tonnage passing through the airport compared to 2019, going from 902,480 to... mehr
GLP investing in Venlo
GLP has acquired a 44,000 sqm logistics asset in Venlo (Netherlands), situated close to the German border. The fully-leased facility is located in ‘Trade Port Nord’, within easy distance of the three ports of Rotterdam, Antwerp and Amsterdam. The company said that this... mehr
1,000 charter flights since March 2020
IAG Cargo ended 2020 with the departure of its 1,000th charter flight since March that year. The new service was introduced during the Covid-19 pandemic and utilises aircraft from the group that would, in normal times, not be available. This offering continues to be managed by a... mehr
LHG's results on track
The volume of goods handled by the Lübecker Hafen-Gesellschaft (LHG) in 2020 stood at 21.8 million t, a mere 2% lower, year-on-year. Increases in the last four months of the year helped keep the decline moderate. The port operator’s automobile activities grew by 20%... mehr
China-train reaches Europe in 32 days
Fifty feu containers carrying chemical, industrial and retail goods from Suzhou, China recently reached their destination terminal at Ludwigshafen, Germany after a journey of 32 days. This is the first westbound block train to be organised by logistics service provider... mehr
Sinovac vaccine arrives in Turkey
As part of its continuing healthcare, medical equipment and vaccine shipments across the globe, Turkish Cargo last week carried the first batch of Sinovac, Covid-19 vaccines procured from China by the ministry of health, to Turkey. Loaded inside 17 containers equipped... mehr
TT Club: malpractice costs USD 6 billion a year
British TT Club’s recent analysis pointed out that two thirds of incidents related to cargo damage are caused or exacerbated by poor practices at the time of packing goods into a freight container. Such supply chain malpractice can result in containership fires with loss of... mehr
Mario Sommariva takes charge in east Liguria
The Italian ports of La Spezia and Carrara have a new captain at the helm. Mario Sommariva was recently installed as the new president of the Port Authority of the Eastern Ligurian Sea by Italian transport minister Paola De Micheli. Sommariva succeeds Carla Roncallo, who has... mehr
Five locomotives to be used abroad
Five 193 series locomotives have arrived at the centre for rail vehicle repairs in Usti nad Labem, Czechia. They were leased by CD Cargo on the basis of a tender announced at the end of last year. The locomotives will now be rented out to Alpha Trains for one year. The... mehr