Risk of freight being shifted back to roads
Swiss ro-mo operator Ralpin welcomes the decision of the Federal Council to continue the ro-mo link between Freiburg in Germany and Novara in Italy beyond 2023 (ITJ Daily 3 October 2022). However, the original plan was to continue operation until the end of 2028 and not only... more
UPS chooses Romina Lorenzo
UPS has appointed Romina Lorenzo as its new country manager in Spain and Portugal, where she will be responsible for operations, business development and strategy. Lorenzo assumes this new position after more than 16 years of experience at UPS, working in the area of finance... more
Indian newcomer shows cargo ambitions
Akasa Air and Smartkargo have entered a partnership that will digitally enable the launch and growth of the airline’s new cargo business. The Indian-based airline will deploy the Smartkargo solution in all functional areas of its cargo business, serving all its destinations in... more
Stronger throughput in European ports
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... more
E-locos increase capacity and train speed
The Finnish private operator Fenniarail has signed an agreement with the German manufacturer Siemens for the purchase of four-axle electric Vectron locomotives. The deal includes the delivery of one locomotive by the end of October 2023 with the option for additional... more
Agility building in Egypt
During the Egyptian-Kuwaiti Economic Forum, the Suez Canal Economic Zone inked a contract with Agility to develop and operate a customs and logistics centre in the zone. In the presence of Walid Gamal El-Din, chairman of the Suez Canal Economic Zone (Sczone), and Tarek... more
Products and publicity in the skies
During the opening ceremony of 17th Paris Motor Show exactly 100 years ago, on 4 October 1922, André Citroën (1878-1935) achieved a media coup when two aeroplanes wrote the word "Citroën" 5 km into the sky above the French capital. For the new advertising channel,... more
West Hutchison named CEO
Vertical Cold Storage, a developer and operator of temperature controlled distribution centres, has named West Hutchison president and CEO. Hutchison most recently was senior vice president of network optimisation/M&A for Lineage Logistics. Prior to that, he was partner... more
Central European business exceeds expectations
UK-based freight transport company Xpediator has reported its unaudited interim results for H1/2022. Revenues went up significantly by 33% to GBP 189.3 million (H1/2021: GBP 126.6 million). The company spoke of "continued positive trading in the Central Eastern European... more
La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... more