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... more
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... more
80 years ago – first commercial flight around the world
80 years ago, a Boeing 314 Clipper completed the first commercial flight around the world. When the flying boat set off from San Francisco CA (USA) on 2 December 1941 for a scheduled flight to Auckland (New Zealand), there was no sign yet of the feat – in contrast to 1929’s the... more
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... more
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... more
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... more
Barge service for Latin American exports
A new barge feeder service between the port of La Plata, close to Buenos Aires, and the port of Santa Fe, in the northeast of the country introduced by ICTSI’s Argentinian business unit creates a new and direct link to Brazil and Asia. International Container Terminal Services... more
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... more
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... more
Changes on the Royal Vopak board
The supervisory board of Royal Vopak has nominated Michiel Gilsing to succeed Gerard Paulides as CFO and as a member of the executive board. Frits Eulderink, in turn, has been nominated for another term as COO and as a member of the executive board. The moves are subject to... more