DP World and Imperial to complete takeover
Dubai-headquartered port and terminal operator DP World Logistics is now ready to take over Southern African Imperial Logistics. Both parties have announced that "all conditions precedent regarding DP World’s offer to acquire a 100% stake in Imperial, including regulatory... more
"Curiosity of the Day"
In Sakkara, 20 km south of Cairo, there is an underground necropolis dating from the 5th century BC to the 1st century AD with almost 8 million mummified dogs. more
Lufthansa Cargo augments medium-haul network
From 1 March 2022, Lufthansa Cargo customers will also be able to book their cargo on converted A321 medium-haul freighters. With the start of operations on 15 March, Lufthansa Cargo will gradually complement the global route network with Istanbul (IST), Tel Aviv (TLV), Malta... more
Major changes at Peel Ports
Chairman Tom Allison is leaving the senior leadership team of Peel Ports but will remain on the board representing shareholder interests of Peel Group as a non-executive director. Mark Whitworth will stand down as CEO but will assume the role of chairman, overseeing the... more
Foreign truck drivers use vaccination offer in Austria
The introduction of compulsory anti-Covid vaccination in Austria and the high number of unvaccinated professional drivers from abroad have created enormous challenges for the transport industry. In order to make an uncomplicated vaccination offer to unvaccinated drivers near... more
Barcelona invests heavily in decarbonisation
The use of electricity plays a key role in the Port of Barcelona’s efforts to decarbonise port activity and improve air quality. To this end, the port will invest a total of EUR 110 million in its Nexigen project. Firstly, EUR 90 million will be invested in OPS (onshore... more
Clipper handing over to GXO?
Clipper Logistics and GXO Logistics, the spin-off of XPO Logistics' global contract logistics segment, are ready: after months of negotiations, the companies have reached agreement on the key terms of a possible cash and share offer for Clipper by GXO, which values the company... more
Good news from Miami overshadowed by violence
During the Tiaca Media Day, director general Glyn Hughes and chairman Stephen Polmans informed online how the Miami-based association, analogous to the air cargo industry in general, benefited financially and operationally during the Covid crisis. As a member-driven... more
Norway: rail carrier to trial e-reachstacker
Cargo Net has signed a one-year agreement with Kalmar covering field trials for a Kalmar electric reachstacker. The Norwegian railfreight operator has reserved an option to put the machine into regular commercial operation after the test. The reachstacker will be delivered in... more
Clarksons: "A special year for second-hand ships"
In a recent report, Clarksons says that 2021 witnessed a record in the second-hand ship trading market. All in all, 2,507 ships and 147 million deadweight t (mdwt) changed hands. They represent 7% of the total fleet and an estimated value of USD 47,000 million. After a dip,... more