Adani Ports sees itself on track
Adani Ports and Special Economic Zone (APSEZ) has released its results for the third quarter and nine months of its FY ending on 31 December 2022. Altogether, the company handled 252.9 million t of cargo from April to December 2022, an increase of 8% compared to the same period... more
Cool transports to the Caucasus
As an addition to its portfolio, Hugo Transport has now introduced refrigerated transports to and from Georgia, Armenia, and Azerbaijan for complete loads. The German forwarder uses bus-sprinters for loads of up to 800 kg or 4-5 Euro pallets. Cargo may be shipped at constant... more
Sats JV: a multi-modal hub for a new airport
Aisats, a 50:50 joint venture company owned by Singapore-based aviation services provider Sats in partnership and Air India, has been selected to design, build, finance and operate an integrated "multi-modal cargo hub" at the upcoming Noida International Airport in... more
Casimir Lindholm named president and CEO
Cargotec's board of directors has appointed Casimir Lindholm new president and CEO, effective 1 April 2023. The current president and CEO Mika Vehviläinen will remain in office until that date. Lindholm has held CEO positions both in Eltel and Lemminkäinen and many board... more
From Canada to Florida
The Rhode Island-based Arpin International Group, a global removal and storage company, has purchased Stephens Moving Services of Cape Coral, Florida. Stephens specialises in servicing USA/Canada cross-border moves for private residential customers. The Arpin family... more
Cargo traffic over Switzerland up 39.3%
Air traffic in Switzerland grew sharply last year. Skyguide managed and monitored 1,147,007 flights under instrument flight rules (IFR) in 2022. This represents a further significant increase in the total number of flights (+66.2%) compared to the previous year, but traffic... more
Intermodal Gdansk service expanded
Metrans, HHLA’s intermodal affiliate, has introduced a new connection from/to the Polish Port of Gdynia - by truck. The rail service from/to the Port of Gdansk was launched in September 2022 and runs three times a week according to a precisely defined schedule. It supports... more
Kristina Ferenius to join Swedavia
Swedavia has appointed Kristina Ferenius as its new CFO and member of the group’s management team. Ferenius has a master of science degree, with a major in business administration, from Stockholm University. During her professional career, she has gained extensive experience in... more
When Paris meets Vienna
Frasers Property Industrial, a multinational real estate company active in Asia, Australia and Europe, has sold its Austrian portfolio "4Urban" to BNP Paribas Real Estate Investment Management (Reim). The "share deal" involved four logistics and warehouse... more
More capacity on Ireland-Belgium loop
Finnlines is strengthening its Ireland–Belgium freight service to meet growing demand. By adding a second ro-ro vessel, “MS Finnpulp”, the liner is raising the capacity on the direct connection between Ireland and the European mainland. The additional unit will depart from... more