Hapag-Lloyd makes the best of it 
Hapag-Lloyd celebrated its 175th anniversary last year. It has now reported its financial results for this special year, on the basis of preliminary figures. In 2022, revenues rose to USD 36.4 billion (2021: EUR 34.5 billion), due to a high average freight rate of USD 2,863... more
Nadja Lang to leave Swiss Post
After almost nine years on the board of directors of Swiss Post, Nadja Lang has decided not to stand for re-election at the provider’s annual general meeting in May 2023. The search for a replacement is underway. Swiss Post’s annual general meeting elected Lang to the board... more
Volta Zero to start series production in Q2/2023
Volta Trucks has had a strong start in 2023 by confirming customer production orders for the first 300 manufacturing slots of its full-electric Volta Zero, with an associated revenue of more than EUR 85 million. Series production Volta Zeros are due to start rolling off the line... more
Amazon sizing down?
Amazon is planning to close three warehouses in western Scotland, UK. On the other hand, two new fulfilment centres are said to be in the pipeline. A spokesman of the retail giant underlined that all employees will be given the chance to work at other Amazon locations. With... more
Jon Turner to lead Air Canada Cargo
Air Canada has appointed Jon Turner, currently vice president, inflight services, as vice president, cargo effective 18 February 2023. An accomplished airline executive with expertise in global strategy, operations and customer service, Turner has held a wide range of... more
Spanish carrier receives first two Euro 6000
Transfesa Logistics has started operating UIC gauge trains after the company received the first two of a total of five Euro 6000 locomotives from Stadler Rail. Just a few weeks ago, one of the new UIC gauge locomotives began to pull the first Transfesa Logistics train with... more
Big role for air cargo in the movies
Turkish Cargo has released three new commercial films presenting its mega hub “Smartist” and the opportunities it offers for the global economy. Designed as the largest industrial building under a single roof at Istanbul airport and situated at a flight distance of 4 hours... more
For greener supply chain in Thailand
The Thai grocery retailer Big C and DHL are planning to deploy electric trucks, initially for product distribution in Thailand, from the Big C Wangnoi Distribution Centre to Big C branches in Bangkok. Big C is also considering using other types of electric vehicles to deliver... more
British player snaps up unaccompanied transport
UK-based Culina Group, which specialises in the transport of fast-moving consumer goods (FMCG), is taking over International Road Ferry (IRF). The price of the transaction has not been disclosed. IRF has offices in Rotterdam, Grubbenvorst (Venlo), Felixstowe, and Thetford,... more
Taiwanese liners affected by the trend
In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary pressure, poor demand and downgraded shipping rates.... more