Five locomotives for Uzbekistan Railways
Russia-based Transmashholding (TMH) recently delivered five 3ES5K AC mainline freight electric locomotives to Uzbekistan Railways. The contract for this batch was signed in May 2020. Representing the latest version of this type of locomotive, the 3ES5K AC are equipped with a... more
Savills IM buys facilities in Poland and the Netherlands
Savills Investment Management has acquired a logistics property in Łódź, Poland, and two adjacent distribution centres in Den Bosch, the Netherlands, for a total of EUR 52 million. The Polish property was purchased on behalf of the Savills IM European Logistics Fund 2... more
Rath to lead HR at DB Schenker
DB Schenker's supervisory board has appointed Katharina Rath as the new member of the management board responsible for human resources. She will assume her new role on 1 December 2020. For almost two decades, Rath has held several positions at Continental Automotive... more
Doubling Greece–Italy services
The Turkish subsidiary of Denmark’s DFDS has enhanced its shipping services between Patras and Trieste. Operating on indirect routes between these two ports since 2018, the Greek line of DFDS will launch a separate service with two round-trips a week for the new line.For two... more
SAL extends operations of customs security areas
As part of the MoU previously signed by the Saudi Customs and the National Industrial Development and Logistics Programme, Saudi Arabian Logistics (SAL), a member of the Saudi Arabian Airlines Corporation, has officially begun running the operations of customs security areas... more
DB Schenker: global cargo flights from Frankfurt
DB Schenker has launched its new "global flight operations programme". With exclusive full charter flights it now provides reliable connections between Frankfurt and the world's major economic powerhouses such as China (Shanghai twice - and Beijing and Zhengzhou once a... more
KN invests in vaccine distribution network
With the opening of airside pharma & healthcare hubs in Brussels, Belgium, and Johannesburg, South Africa, Kuehne + Nagel adds two strategic elements to its global GxP-certified network of temperature-controlled facilities for the distribution of vaccines and other pharma... more
Fedex veteran joins U.S. Xpress
U.S. Xpress, a large asset-based truckload carrier, has elected Michael Ducker, former president & CEO of Fedex Freight, to its eight-member board of directors. “We are truly honoured to welcome Ducker to our company,” said U.S. Xpress president and CEO Eric Fuller.... more
Compensation of trade flows in Vancouver
In the Canadian Port of Vancouver, throughput in the first six months of 2020 moved sidewards. From 1 January to 30 June 2020, cargo flows decreased by 1.1% from 72.4 to 71.7 million t compared to the same period in 2019. Nevertheless, new mid-year records were set for bulk... more
Shift more traffic to the railways
In Germany, carrier DB Cargo and freight wagon leasing company VTG recently presented a newly developed forward-looking freight wagon. The two companies spent 18 months creating the prototype as part of their joint m2 project. After successful testing, the companies are now... more