Roger to lead Gefco in Morocco
The Moroccan subsidiary of the Gefco Group, a global player in the industrial supply chain and a major provider of automotive logistics in Europe, has appointed Sébastien Roger to oversee its growth strategy, which is currently in full swing. After beginning his career at... more
MSC carries on both shoulders
Recently, Alphaliner pointed out that MSC is currently investing heavily in used vessels instead of newbuilds. In its race with Maersk over the title of the biggest global carrier, MSC has spent over a quarter of a billion dollars on second-hand container vessels. Based on... more
CN adds hub to tri-coastal network
Canadian National Railways (CN) is launching a new inland distribution terminal in New Richmond, WI, USA. The multipurpose facility will include an automotive compound for finished vehicles, and an intermodal terminal to serve intermodal shippers and receivers in the... more
Two more joint ventures in Africa
In Africa, new joint ventures in Egypt and Ethiopia have been concluded involving a major European player. In Egypt, IBA Freight Services, headquartered in Cairo close to the city’s international airport, has sold a majority stake to Ceva Logistics, its partner company for the... more
"Curiosity of the Day"
Of the 781,000 babies that were born in Germany in 2019, around 29,000 were multiples. Therefore, every 27th new born baby was a multiple. more
The hour of truth
On 1 December 2020, US Customs and Border Protection (CBP) officers in Louisville halted four shipments, all from the same shipper in Hong Kong and headed to Salt Lake City, UT, that each contained 320 counterfeit Rolex watches. The watches were reviewed by an import specialist... more
Banking on e-commerce
Elliott Rodgers has been elected to the board of directors of Levi Strauss & Co. He has more than a decade of experience in the retail industry. Stephen C. Neal, chair of the board: "Rodgers has deep knowledge of ecommerce, digital transformations and how to drive... more
Share sale raises almost USD 100 million
For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million) from the sale of 40 million common shares of the... more
Grangemouth enhances rail facility
The Scottish port of Grangemouth is extending its railfreight offering to cement its position as the key strategic freight and export/import hub for Scotland. The GBP 3 million (EUR 3.3 million) investment will significantly scale up and modernise the port’s current rail... more
Medical contract for British player
Current Health, a provider of wearable healthcare devices and machine learning, aims to improve the delivery of patient care, deterioration prediction and research initiatives. To this end, the company has contracted Seko Logistics to enhance its global supply chain. Current... more