CMA CGM tightening the reins on Ceva Logistics
The CMA CGM Group is implementing a huge turnaround plan for Ceva Logistics after the friendly takeover bid, now holding 99.4% of Ceva's equity. Besides Rodolphe Saadé, chairman and CEO of the CMA CGM Group, who was elected chairman of the board of directors of Ceva Logistics in... more
740 m long train for Dutch/German cross-border traffic
The German and Dutch transport ministries are teaming up to increase the efficiency of cross-border railfreight services between the two countries. The two parties recently signed a letter of intent. Digitalisation and automation will underpin the joint undertaking, according to... more
Gefco celebrates 10th anniversary of Chinese subsidiary
Present in fifteen cities with 1,300 employees, Gefco China and its two Chinese joint-ventures Dong Feng Gefco and Shenzhen Minsheng Gefco Logistics (SMGL) expect to increase revenues by a minimum 40% in 2021, anticipating growing demand for next-generation automotive logistics... more
Speed Welshpool appoints new operations director
Speed Welshpool (Wales, UK) has appointed a new operations director. Chris Tandy joins the Powys-based business, which is a member of Palletways. Previous positions have seen Tandy managing UK trunking at City Link and running the UK van fleet at Sainsbury’s. Commenting on... more
Air Cargo Europe begins amid decreasing traffic volumes
Just before the Air Cargo Europe in Munich (4-7 June 2019), Iata has released data for global air freight markets showing that demand fell by 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in... more
Quebec returns to the business with boxes
In Canada, the Quebec Port Authority (QPA) has concluded a long-term commercial agreement with Hutchison Ports and Canadian National Railway CN to build and operate the new deep-water container terminal. Known as project Laurentia, its CAD 775 million (USD 568 million)... more
Investing in general cargo services
Hellmann Bremen has purchased 170 box swap bodies for a medium seven-digit sum. Krone’s box carriers will be deployed in general cargo and regional transports in Germany but also in intermodal railfreight. With the new equipment, the company can provide reliable cargo space... more
Swiss Takeover Board rules on Panalpina
After DSV published a public exchange offer for all publicly held registered shares of Panalpina, the Basel-based company filed various requests with the Swiss Takeover Board. The Takeover Board's decision reads as follows: Request no. 1 is partially granted: cover... more
Nexxiot expands its management team
Nexxiot, the Swiss enabler of the digitised supply chain, has expanded and completed its management team. With the latest personnel decisions, company founder and CEO Christoph Wartmann will now withdraw from the operative business. He will join the company's administrative... more
“Curiosity of the Day”
In 2000, an ebay-user put the “meaning of life” up for auction. The highest bid was USD 3.26. more