Militzer & Münch invests in Indonesia 
The logistics company based in St. Gallen, Switzerland, has acquired shares in an international logistics service provider in Indonesia. The company has been operating under the name PT. Militzer and Muench Indonesia since 1 May 2024. In addition to a 6,000 sqm warehouse... more
Funding for Ukraine port cooperation
Ports of Stockholm and the Baltic Ports Organisation (BPO), along with the Odessa (Ukraine)-based law firm Interlegal, are seeking funds from the Swedish Institute’s Ukraine cooperation programme to support the integration of Ukrainian ports into the EU transport network.... more
Aapa in April
Preliminary April 2024 traffic figures, released by the Association of Asia Pacific Airlines (Aapa) two days ago, reported a higher demand for consumer and intermediate goods, which contributed to the ongoing positive momentum in air cargo markets. Subhas Menon, Aapa... more
Swedish intermodal service launched
The new train in Sweden connects Gothenburg, Eskilstuna and Umea. TX Logistik (part of Mercitalia) will operate the new route with two round trips per week and 32 loading units per train. In addition to all types of cranable trailers, non-cranable semi-trailers can also be... more
Waberer's works to record revenue
Hungary-based Waberer’s Group looks back on Q1/2024 as one of its most successful quarters to date. The logistics provider achieved a revenue of EUR 196.7 million, one of its highest quarterly revenue figures so far. The group’s growth, achieved despite macroeconomic... more
Five new MDs for holding company
The Kukla Group is restructuring its leadership team and has appointed five new managing directors to the holding company, effective 22 May 2024, thus adding two new positions in the IT and HR/legal departments. The company intends to continue to grow within the new structure.... more
Egypt to host new green methanol facility
AD Ports Group, Transmar, and Orascom Construction have signed an MOU to develop a green methanol storage and export facility in Egypt. Green methanol, a synthetic fuel produced from renewable sources such as green hydrogen, offers a clean alternative to fossil fuels with fewer... more
One million in a single month
Champ Cargosystems saw its security filing tool, Traxon global security (TGS), hit a record-breaking 1 million declarations per month. This milestone celebrates a new high for the platform and signals an increased demand of security requirements by governments globally.... more
25 new trucks will cut CO2 by 79%
The Northern Ireland-based refrigerated haulage business McCulla has secured GBP 3.1 million (EUR million) in funds from Lombard, a vehicle finance company, for the addition of 25 new trucks to its fleet. The investment includes eleven vehicles powered by biogas, contributing to... more
DHL enhances Leipzig location
Contract logistics provider DHL Supply Chain is building a new 34,000 sqm logistics hub Leipzig/Halle, Germany and thus expanding its existing site which it has been operating for an electronics manufacturer. The campus at Leipzig/Halle will now feature 55,000 pallet spaces,... more