Agility reports a 61.3% decrease in net profit in H1 
Agility reported first-half net profit of KWD 16.2 million (EUR 44.5 million), a decrease of 61.3% over the same period in 2019. Ebitda declined by 20.1% to KWD 75.8 million (EUR 208.6 million), and revenue declined 1.3% to KWD 765.1 million (EUR 2.105 billion). Tarek... more
STG Logistics' CEO joins Roadrunner's board of directors
Roadrunner Transportation Systems recently closed three transactions completing its divestiture of all truckload segment businesses. This includes the sale of Rich Logistics and Integrated Services to an undisclosed strategic buyer, as well as the sale of Roadrunner... more
From XI’an to Amsterdam in 17 days
As of 1 September 2020, Dutch forwarder Nunner logistics will join forces with its partners Tiedada and TMA to launch a new intermodal service between China and the Netherlands with further connection to London, UK by short sea. The new train will run directly between Xi’an... more
100 years of airmail service in Norway
Exactly 100 years ago, on 18 August 1920, as Camille Allaz (The History of Air Cargo and Airmail) says, or two or three days earlier according to other sources, Det Norske Luftfartrederi (DNL) launched Norway’s first regular airmail service. With Supermarine Channel and... more
Balanced cargo streams in Oakland
July turned out to be a good month for the Port of Oakland close to San Francisco (USA). Containerised import shipments jumped 6.4% in July compared to 2019 totals. The step up followed a 1.9% increase in June. The good news was tempered by a 6.4% decline in July export... more
Just four hours instead of two days
The first TIR shipment from Saudi Arabia has arrived safely in the United Arab Emirates (UAE). Operating under a single customs transit document and a single guarantee, Almajdouie Logistics moved almost 25 t of aluminium across the border, taking advantage of the TIR electronic... more
Imbach Logistik builds in Lucerne
Imbach Logistik, a subsidiary of Galliker, a Swiss transport company, is building a new logistics facility in Lucerne (Switzerland). Already present in the area, Imbach now intends to significantly grow its footprint in Lucerne and is investing CHF 60 million in the project.... more
Smart Global Holdings names Mark Adams as CEO
Mark Adams will join Smart Global Holdings as president and CEO effective 31 August. In these functions, he will also serve on the company’s board of directors. Ajay Shah, Smart’s current president and CEO, will continue to lead the board as executive chairman. “I am excited... more
Flemish channels find their swing
Flemish Waterways, Port of Antwerp, Port of Ostend, Port of Zeebrugge and North Sea Port as well as the Agency for Maritime and Coastal Services and the Common Nautical Management (CNM) have joined forces to introduce the innovative reporting platform SWING (Single Window for... more