Good figures push Toll's turnaround
The Toll Group, an Australian-based subsidiary of Japan Post, has reported its results for its financial year 2022 which ended on 31 March 2022. Revenues amounted to USD 7.6 billion, while ebit remained at a modest USD 341 million. The Toll Group, which sold its loss-making... more
Next senior partner for SSY
Stanko Jekov, head of dry cargo at Simpson Spence Young (SSY), will be taking over as senior partner following Mark Richardson's announcement that he will retire at the end of this year. Jekov, who has been with SSY since 2002 and was made partner in 2010, has led the dry... more
Geopost/DPD Group picks Yves Delmas
Yves Delmas has been appointed CEO of Geopost/DPD Group and executive vice president of La Poste Group, member of the executive committee. Delmas has a 30-year track record within La Poste group, having held multiple management positions within the company’s parcel and... more
CBP officers confiscate live contraband
CBP Agriculture Specialists found something unusual while examining an air mail shipment declared as "earphones" arriving from Malaysia. When they opened the box, they discovered 26 vials containing live centipedes concealed in earphone cases. The CBP officers had... more
Freight wagons wanted - on loan
In Ukraine, millions of tonnes of grain are waiting for transport. Freight wagons will be urgently required for this purpose in the coming weeks. In its newsletter, the Swiss Association of Shippers (VAP) is therefore calling for free rolling stock to be made available for... more
More containers down the Rhine
In Q1/2022, throughput at the Swiss Rhine ports was just under 1.2 million t, 7.8% below Q1/2021 (1.26 million t). The big winner was the container sector with almost 37,000 teu (+31%). Export traffic recorded an uptick of 13.2% to 243,292 t, while import traffic, which is... more
Wincanton's best year since 2011
In advance of its results for the financial year ending 31 March 2022, UK-headquartered Wincanton has issued a preliminary outlook. While full year revenue is expected to be up 16.3% to GBP 1.4 billion, with 19.4% organic revenue growth y-o-y excluding the Cygnia Logistics... more
First carbon neutral salmon routes
Salmon producer Mowi Chile will implement the first carbon neutral salmon routes through Latam Group’s “Fly Neutral” compensation programme. The agreement between Mowi Chile and Latam Cargo will allow the salmon farmer to compensate approximately 13% of its total CO2 emissions,... more
Fleet expansion with two Volvo trucks
UK-based Builders’ merchant Frank Key has added two new Volvo FL 250 4x2 rigid trucks to its delivery fleet. The 16 t FLs will be used for multi-drop deliveries across Nottinghamshire, Derbyshire, Yorkshire and Lancashire. The two new FL rigids offer two-step entry and are... more
Sustainable laurels for Valenciaport
Environmental sustainability is today's battle cry. In this context, the Port Authority of Valencia (PAV) has won a prize at the World Sustainability Awards, the “port Oscars” in environmental matters, granted by the International Association of Ports and Harbours (IAPH) in... more