Frank Schäfer stays AMÖ's president 
Frank Schäfer (left) has been re-elected AMÖ's president for another term, and Dr. Martin Ahnefeld, Stefan Klein and Jürgen Zantis will continue their roles as vice presidents. AMÖ is a business organisation which unites German logistics companies that specialise in furniture... more
Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery... more
North America's first IWT certified airline
It is estimated that the global illegal wildlife trade is worth between USD 7 and USD 23 billion. Furthermore, "there's a connection between how wildlife is treated, how it can spread zoonotic disease, and how we've ended up with the potential for pandemics in the... more
A partnership to boost container traffic
The Russian Delo Group and Russian Railways (RZD) have signed a cooperation agreement for the organisation of railway container transportation. The document provides for long-term cooperation between the monopoly and the largest transport and logistics holding, RZD said. The... more
Vopak's buyback programme closed
The Dutch company Royal Vopak has finalised its share buyback programme to return EUR 100 million to shareholders as announced in February 2020. In the period from February up to and including 23 October 2020, a total of almost 2.1 million ordinary shares, 1.6% of the... more
XPO Logistics appoints Santoro
XPO Logistics, a global provider of transportation and logistics solutions, has appointed Alex Santoro as chief commercial officer. He will also serve as executive vice president, operations, which includes leading XPO's go-to-market activities, with a focus on aligning growth... more
"Curiosity of the Day" 
A study conducted in the USA found that people are up to 46% more productive when they work standing up instead of sitting down. more
British and Belgian carriers extend partnership
British GB Railfreight (GBRf) and Belgian Lineas have agreed to expand their European freight operation. Existing traffic flows from Antwerp in Belgium through to Irvine in Scotland will continue for an additional two years. The service has so far averaged around 30 trains a... more
15 years between Dubai and Vietnam
Emirates Skycargo, the freight division of Emirates, made its entry into Vietnam in October 2005, setting up its offline presence first in Ho Chi Minh City (HCMC) and Hanoi. Exports from these gateways were carried to other Asian points like Bangkok, Singapore and Kuala Lumpur... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more