Oren Poleg to head IAI North America 
Israel Aerospace Industries' (IAI) president & CEO Boaz Levy has announced the appointment of Oren Poleg as president and CEO of IAI North America (IAI NA), an IAI subsidiary, effective 14 October 2021. Poleg brings extensive experience in business defence operations,... more
German delight for Chinese consumers
Since summer 2021, the German confectionery brand Reber - known for its "Mozartkugel" - has been gaining a foothold in the Chinese market. The ambitious market entry is being planned and carried out with the Vienna-based Austro-Chinese e-commerce agency Zeevan. The... more
40 lokos to convert to green powertrains
Operail is converting its diesel-electric locomotives to zero-emission fuel cell electric locomotives manufactured by Stargate Rail. The two Estonian companies recently signed a letter of intent to this effect. As part of the retrofit, the diesel generator sets that power... more
OOCL: another record result
OOCL has published its unaudited results for Q3/2021: While volumes contracted, revenue in general and per box grew significantly. In detail, for the third quarter ended on 30 September 2021, revenues amounted to USD 4.3 billion, a growth of 125.3% compared to the same period... more
More funds for Moldovan railways
The European bank for reconstruction and development (EBRD) is providing Moldova’s national railway operator Calea Ferata din Moldova with an additional EUR 23.5 million loan to upgrade key infrastructure. The new loan follows a EUR 110 million financial package. To date, twelve... more
Takeover and extension of Novara terminal
Combiconnect, a company belonging to the Swiss Hupac Group, will take over the operation of the Novara CIM terminal in Italy from 18 October 2021. The aim of the takeover is to further expand the terminal for the transfer of transalpine traffic. Today, Novara CIM serves more... more
US short line rail road earns Rail Ready Site status
Omnitrax is launching rail ready sites on Alabama and Tennessee River Railway (ATN) with support from local economic development partners. This initiative connects companies looking to maximise supply chain performance with rail-served properties conducive to industrial... more
Röhlig picks Nicolas Biard
Owner-managed logistics company Röhlig has appointed Nicolas Biard as managing director of Röhlig France. He succeeds Erick Achaintre, who had held this position since 2007. Biard began his career in 2006 at Röhlig Australia, where he worked for seven years, part of which as... more
CEP at CDG
CEP companies are increasing their footprint at Paris CDG, where DHL has made its largest investment (EUR 170 million) in Europe in recent years and its biggest ever in France since its arrival in 1976. Its new international hub covers 32,000 sqm - ten times larger than the... more