Saudi Arabia completes new rail link 
With a special ceremony, the Saudi Arabia Railways (SAR) has celebrated its new constructed rail connection linking country’s East Track with the North Track. The new line is 124 km long. The operation is expected to start in Q1/2023. The rail line will serve the industrial... more
Staying healthy with Cathy O'Brien
UPS has appointed Cathy O’Brien as healthcare vice-president for international sales. She will be responsible for driving growth across Europe, Amea and Latin America for the end-to-end supply chain services dedicated to supporting the pharmaceutical, medical device, laboratory... more
Antwerp terminal earmarked for renovation
Nine long years lie ahead. The port of Antwerp-Bruges and PSA Antwerp have agreed on the comprehensive renewal of the quayside and facilities at the Europa Terminal. The work will be carried out in three phases and make the terminal fit for the latest generation of ultra-large... more
German-Turkish conversion cooperation
Elbe Flugzeugwerke (EFW), a German centre of excellence for Airbus passenger-to-freighter (P2F) conversions, and the MRO company Turkish Technic have announced a new collaboration in A330P2F conversions. It will see Turkish Technic becoming the first MRO company to provide... more
Large multi-year railcar order placed
North American leasing company Gatx has entered into a new long-term railcar supply agreement with Trinity Rail to purchase 15,000 newly built railcars until 2028, with an option to order up to an additional 500 railcars each year from 2023 to 2028. The agreement includes a... more
A big deal about cash 
The Spanish company Prosegur Cash, which specialises in logistics services for securities and cash management, has bought the majority of shares from the 1991-founded Change Group, a global provider of foreign currency and financial services. The takeover of a non-specified... more
VDR elects new board members
After welcoming Dr Martin Kröger as its new chief executive officer in spring, the German Shipowners' Association VDR has now promoted staff members Irina Haesler and Tilo Wallrabenstein to its executive board.Haesler is a lawyer and has been with VDR since 2013, most recently... more
Cargo boom at Budapest Airport
Budapest Airport’s Cargo City is set for another significant expansion following the dynamic cargo development at the Hungarian gateway since the infrastructure opened in January 2020. Increasing the airport’s annual cargo capacity to 300,000 t, the latest progression is... more
Igoumenitsa awards tender to a consortium
The bidding process is over and a consortium has won. It is made up of Grimaldi Euromed, Minoan Lines Shipping, and Investment Construction Commercial & Industrial, and they will now thus acquire a 67% stake in the share capital of Greece’s Igoumenitsa Port Authority. Their... more
Higher speed and improved punctuality
With the time table change in India, effective from 1 October 2022, about 500 mail express trains have been speeded up by 10 to 70 minutes. 130 services (65 pairs) have been accelerated by converting to Superfast category, the Indian ministry of railways reports. Overall,... more