Rail delivers batteries for e-cars
DB Cargo Logistics has started to transport cell modules by rail for Volkswagen. The cargo is trucked from the manufacturer’s German warehouse to port of Magdeburg, Germany. Once they arrive at the port, the lithium-ion cell modules are protected from the elements while... more
A promotion for Tom Durrenberger
Bravotran, a payables automation platform for freight forwarders promoted Tom Durrenberger to CEO, effective 1 August 2023. Founder Matt Bernstein will serve as non-executive chairman and advisor. As COO of Bravotran for the past two years, Tom Durrenberger has played a key role... more
IRS to classify hybrid electric catamarans
Indian Register of Shipping (IRS) has been awarded the task of providing classification services for six hybrid electric catamarans commissioned by the Inland Waterways Authority of India (Iwai). These vessels, built at Hooghly Cochin Shipyard, will serve inland ferry routes... more
A first step towards digital customs clearance
On 18 August 2023, the Swiss Federal Office of Customs and Border Security (FCOCBS) and the Austrian Customs Office agreed to introduce joint digital-based basic customs procedures for both sides of the border. The measures necessary for the implementation of the new system... more
India extends its multitracking infrastructure
India’s government has approved seven rail multitracking projects with an estimated cost of around INR 32,500 crore (USD 3.91 million). The multitracking projects cover 35 districts in nine states and will increase Indian Railways’ existing network by 2,339 km. The extension... more
Investing in a grain terminal in Kazakhstan
AD Ports Group has signed a heads of terms agreement with Semurg Invest (Semurg), the owner and developer of Sarzha Multifunctional Marine Terminal in Kuryk Port, to potentially invest in the grain terminal located at Kuryk Port, Kazakhstan. Abdulaziz Zayed Al-Shamsi,... more
Strong demand for converted mid-size freighters
Air Transport Services Group (ATSG), a provider of medium wide-body aircraft leasing, contracted air transportation, and related services, reports that its leasing subsidiary Cargo Aircraft Management (CAM) has delivered a record six converted freighters under lease in one month... more
Tools to boost cargo handling and tracing
BNSF Logistics in USA has implemented Trucker Tools’ real-time load tracking technology to improve freight visibility and augment its shipper service. The 3PL has also introduced the digital freight matching software and automated load booking tool to its team to streamline... more
Air Partner: a new VP for cargo, USA
Air Partner, a global aviation services group that provides aircraft charter and aviation safety and security solutions for businesses and private individuals worldwide, has appointed Andrew Holmes as vice president of cargo, USA. Holmes will oversee all day-to-day operations of... more
DP World: robust growth in H1/2023
DP World’s financial results for the first half of 2023 show robust growth, with a 13.9% increase in revenue to USD 9.0 billion and a 7.0% rise in adjusted ebitda to USD 2.6 billion, reflecting a 28.9% adjusted ebitda margin. The growth is driven by a full consolidation of... more