Egypt to electrify 660 km of its rail network 
Siemens has signed a USD 4.8 billion contract with Egypt’s national authority for tunnels (NAT) to deliver a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line which will transform transportation in Egypt. The... more
When major shippers change sides
Ikea has learned its lesson from the Ever Given blockade in the Suez canal this year. The Scandinavian home furnishing retailer has now entered the shipping business arena, confirming to the Swedish press that the company is chartering vessels and buying containers to avoid... more
More efficient and cost-effective at EWR
Alliance Ground International (AGI) has opened a new 7,000-sqm off-airport air cargo facility five minutes from New York EWR to process import freight. The cargo handling services provider is also relocating from existing facilities to a 2,230 sqm facility on airport to handle... more
"Curiosity of the Day" 
Spaniards sleep an average of almost one hour less than other Europeans. more
Australia Post also wins
Despite a recent three-day disruption in its picking up services for parcels from e-commerce retailers in New South Wales, Victoria and Australia’s capital Canberra due to the pandemic, Australia Post benefited from the current market situation. Group revenue in its... more
Belgians comment environmental report
In its comments on the EU’s first environmental report on maritime transport (Emter), the Royal Belgian Shipowners’ Association says that the report provides a clear overview of the sector’s current efforts to achieve Europe’s carbon neutrality ambition. Launched on 1... more
Michael Perschke elected CEO
Quantron has appointed automotive manager and EV pioneer Michael Perschke as CEO and board member. In his professional career, Perschke was founder-CEO of Automobili Pininfarina and held senior executive positions at Audi, Audi India and the Volkswagen Group. Andreas Haller,... more
Preparing for peak season in Southeast Asia
DHL Express has expanded its airfreight capacity within Asia with a newly converted B737-800 freighter in anticipation of the upcoming e-commerce peak season. Operated by DHL partner K-Mile Asia, the aircraft offers a total gross payload of nearly 140 t weekly as it travels... more
Romania's E-P Rail banks on transformation
Nexxiot is digitalising E-P Rail's entire fleet. In the coming months, the Swiss IoT company will install IoT sensors in all the Romanian rail company's freight wagons. Nexxiot will supply around 1,100 gateway devices for the project. These Globehoppers collect data to be... more
Highest accolade for DHL Group
The market capitalisation of EUR 24 billion in 2021 clinched the deal. Deutsche Post DHL Group will be the first logistics company to join STOXX Europe. Qontigo, the financial market services provider and subsidiary of Deutsche Börse, informed that the shares of Deutsche... more