Warehouse deal closed in Madrid
The onset of winter has not prevented Prologis from completing its acquisition agreement with Spanish real estate company Colonial comprising 18 logistics facilities totalling 473,000 sqm in Madrid, Barcelona, Seville and Guadalajara. As part of the three-phased agreement,... more
Blind spot warning stickers in France
On 1 January 2021, a new decree entered into force in France which requires heavy goods vehicles whose authorised total weight exceeds 3.5 t to be equipped with warning stickers to signal the position of blind spots to other road users. This obligation applies to vehicles... more
East Med service reaches Northern Range
In the beginning was the white shark. The arrival of the CMA CGM of the same name in Hamburg in January 2021 marked the start of the new NC Levant Express container liner service. A total of five containerships with slot capacities of between 3,800 und 4,200 teu are deployed... more
Crossing Europe's north in 14 hours
The DB Cargo family supplies Denmark and Sweden with consumer goods, paper and steel within just half a day. The Scandinavian Rail Shuttle, a new, direct rail transport solution offered by DB Cargo Scandinavia as cross-border operator, has recently started to run with three... more
Easing Annemarie Gardshol’s workload
Mathias Krümmel has been appointed as the new head of PostNord Sweden. He started his new role on 1 January, taking over the position Annemarie Gardshol has held since February 2018, in parallel with her responsibilities as president and CEO of the PostNord Group. Krümmel... more
New main investor for Seko Logistics
Greenbriar Equity Group, a New York-based private equity firm with investments in the global logistics industry and Seko Logistics' key shareholder since 2015, has sold part of its shares, but will continue as a minority investor. Seko, a US-American global freight forwarder... more
India opens another railfreight section
The first good trains are running between Bhaupur and Khurja in Uttar Pradesh along India’s eastern dedicated freight corridor (EDFC). India’s PM Modi recently flagged off the first goods train and also opened the operation control centre at Prayagraj. The new 351 km stretch... more
Green light for next call from Cork
The Belgian liner CLdN has started its second weekly sailing between the ports of Cork and Zeebrugge, complementing a first service, installed in May 2020. "Considering Brexit and the modal shift from accompanied to unaccompanied shipping, having a second direct link... more
BAI: air freight volatility remains rife
There are few signs of abating pressure on global air freight rates. The overall Baltic Exchange Air Freight Index (BAI) rose to 3,155 this week. The last few weeks recorded the highest absolute readings since the air freight capacity trough in Q2/2020, even as the traditional... more