60 trains full of letters and parcels every day
SBB Cargo and Swiss Post are extending their long-standing partnership by a further four years from 2023 to 2026. A framework agreement to this effect was signed recently. By the end of 2026, SBB Cargo will be transporting 60 freight trains a day with letters and parcels for... more
Koerber takes over from Siemens
The international technology group Koerber has inked an agreement to acquire Siemens Logistics’ global mail and parcel business. With around 1,200 employees, this Siemens segment generates an annual revenue of about EUR 500 million. The price of the transaction was not... more
“Curiosity of the Day”
Five years ago today, on Valentine’s Day 2017, Burger King restaurants in Israel sold bags with ‘adult meals’. Besides two beers, two burgers and two portions of fries, they also contained sex toys. more
US cargo airlines continue to hire workers
The number of employees in the USA’s airline industry (passenger and cargo airlines combined) rose to 728,150 in December 2021, 20,049 (2.83%) more than in November 2021 and 21,340 (2.85%) fewer than in December 2019. This figure is the highest industry headcount since the start... more
JAS picks Giancarlo Rosselli
As it continues to expand in the pharma & healthcare sector, JAS has appointed Giancarlo Rosselli to lead the company’s sales efforts in the Americas for this vertical. Rosselli will be based out of the JAS Americas HQ in Atlanta. With over 20 of experience working for... more
First transport under unified CIM/SMGS rules
Note Trans Container has launched its first international multimodal service shipping cargo from China to Germany under a unified CIM/SMGS consignment note. The test shipment was performed recently. As part of the second shipment, Trans Container arranged the transport of 50... more
Maritime trade back to pre-pandemic levels
In 2021, international maritime trade recovered to pre-pandemic levels and reached 12 billion t transported, corresponding to approximately 1,5 t per inhabitant of the earth. According to the latest weekly report by analyst Clarksons, international trade by sea in 2021 grew by... more
Real estate portfolio in China changes hands
In cooperation with a global institutional investor, Hong Kong-based ESR Cayman, an APAC-focused real estate investor, has completed the acquisition of a logistics and industrial portfolio in Greater Shanghai. It represents eleven completed logistics and industrial assets... more
Almost 940,000 truck consignments by rail
Kombiverkehr continues to grow: the intermodal operator transported 9.3% more shipments in 2021. 937,959 truck shipments or 1.88 million teu were thud transferred from road and sea to climate-friendly rail. Kombiverkehr’s performance improved in all transport sectors last... more