North American main-deck providers post excellent results 
Atlas Air Worldwide Holdings, which has the highest number of Boeing B747s in its fleet (53 units, 44 of which are freighters), has posted a net income of USD 78.9 million in Q2, (USD 86.9 million in Q2/2019). Its adjusted ebitda came to USD 247 million (USD 84.1 million in... more
Hapag-Lloyd weathers H1 well
The Hamburg-based carrier Hapag-Lloyd improved its financial result significantly in H1/2020, but lost volumes. While revenues rose by 2,5% to EUR 6.4 billion (EUR 6.2 billion in H1/2019), earnings before interest and taxes (ebit) surged by 14% to EUR 511 million, thereby... more
CDCI selects Agility Logistics Park in Abidjan
CDCI (Compagnie de Distribution de la Côte d'Ivoire), one of the Ivory Coast’s major retailers, has leased warehouse space in the Agility Logistics Park (ALP) in Abidjan for its new warehousing and distribution centre. CDCI, which runs supermarkets in Ivory Coast, will use... more
Successful apprentices at Acito Logistics
The southern German company Acito Logistics has seen three of its apprentices from the Weil am Rhein and Efringen-Kirchen branches complete their training with aplomb. Acito has offered all three of them a permanent job.David Bischoff successfully passed his exams to become an... more
Weekly Tarros Line East Med service
The Tarros Group has added the Italian port of Ravenna as a new node in its network, making the hub part of the new Tarros container service to and from several Eastern Mediterranean destinations. The shipping group has thus returned to Ravenna after a number of years of... more
Colombian cargo carrier to take off today
Panamericana Airlines, a Colombian airfreight operator founded and headed by German businessman Thomas Friese, is set to begin operations today, 17 August, in Barranquilla, the capital city of Colombia's Atlántico Department on the Caribbean Sea.Ronald Peña, growth manager of... more
China rail service now direct to UK regions
As bookings on its weekly fixed-day rail option from China to the UK are continuing to increase, the English forwarder Davies Turner is adding direct services from China to destinations in the UK. The weekly service leaves the Hefei rail hub (China) for Neuss (Germany), from... more
"Curiosity of the Day" 
The world’s most expensive duvets are filled with down feathers of the eider duck. They can cost EUR 25,000. more
Multi-user facility in Moosburg
Garbe Industrial Real Estate is pushing ahead with its activities in the greater Munich metropolitan region. The Hamburg-based project developer is creating a multi-user property for Union Investment covering 8,400 m2 of halls on a 16,700 m2 property in the town of Moosburg an... more
US Transworld Logistics wins award
US Transworld Logistics is pleased to report it has been presented with the 'Emerging Company Award 2020' at the ‘Indian Achievers Awards’, organised by the Indian Achievers Forum.The honour was handed over to Uttam Singhal, CEO of US Transworld Logistics, in recognition of its... more