Riyadh Dry Port welcomes first Jubail train
The maiden train carried its load of 78 teu to Riyadh Dry Port along the Saudi Arabia railway line that connects Jubail Commercial Port with the East Train Network. The maximum capacity for a single trip on the railway is 140 teu. This alternative enhances the connection... more
Liz Stokes takes up the baton
APC, an independent parcel delivery network based in the UK, has appointed Liz Stokes as its new HR director. She takes over from Corina Forman, who had been with the business for eighteen years. Stokes has a proven track record in a range of industries including defence,... more
A year-defining acquisition
The Geis Group was able to raise its turnover and expand its service portfolio in 2023. It attributed this performance to the majority takeover of Quehenberger Logistics, which defined its growth last year. At EUR 1.89 billion, the group’s turnover was around EUR 0.5 billion... more
LX Pantos opens rail terminal in Hungary
The Austrian Rail Cargo Group has leased a rail terminal in Tata (Hungary) to LX Pantos, a logistics services operator from South Korea. The partners plan to jointly develop business opportunities in the automotive and battery transport market in Eastern Europe and build up a... more
Container imports rebound
The port of Gothenburg posted record-breaking container throughput in Q1/2024, surpassing previous levels. Last year, exports drove record numbers, but imports declined nearly 20% due to high interest rates and a weak Swedish krona. This trend reversed in 2024, with imports... more
Launching freight insurance in Europe
After establishing its freight insurance services in North America, the company Loadsure is now planning to gradually expand in Western and Northern Europe. Effective immediately, Loadsure is approved to write business in Europe, with an initial focus on the Benelux region,... more
China flags off new trains to Moscow
One of the new trains connects Moscow with Taiyuan in North China and the other runs to Shandong in East China. The Taiyuan train is served by China Railway Express (CRE). As the capital city of Shanxi province, Taiyuan boasts a relatively complete integrated freight hub system... more
More sustainability instead of more dividends
At Hapag-Lloyd’s annual meeting on 30 April, the environmental group Nabu and the Dachverband der Kritischen Aktionärinnen und Aktionäre (German association of critical shareholders) criticised that the company does not give sufficient priority to environmental and climate... more
Hispack 2024 to pack a punch
Spain’s largest packaging fair will see 780 exhibitors come together to showcase their newest innovations in the field. Dubbed Hispack 2024, it will be held in Halls 2 and 3 of Fira de Barcelona’s Gran Via between from 7 to 10 May. Organised by the local companies Fira de... more
Teaming up for shipbuilding innovations
The Indian Register of Shipping (IRS) has signed an MOU with the Maritime Research Institute Netherlands (Marin), effective 29 April 2024. The partnership aims to enhance IRS's technical capabilities in shipbuilding through collaborative hydrodynamic studies and model testing.... more