Panalpina increases profitability by 15%
In Q1/2019, the international freight forwarding and logistics company Panalpina increased its profitability compared to the same period of last year, reporting an ebit of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF... more
Time for greater collaboration
Growth rates are already considerable – but the railfreight operator UTLC Eurasian Rail Alliance (UTLC Era) wants more, as CEO Alexey Grom told the ITJ in a recent interview. At the Transpotec Logitec trade fair in Verona he introduced UTLC’s new UTLC Eurasian Rail Alliance... more
Laurels for DSV, Geis and Noerpel
IDS Logistik, Germany’s largest general cargo alliance, announced that DSV Road came top in its 2018 quality ranking list. Second place went to Geis, and third place to Nörpel. The 2018 “shooting star” was Rieck's depot in Dresden. Due to a range of quality measures, the... more
New majority shareholder for West Atlantic
West Atlantic has been discussing principal terms with Lusat and certain major players holding bonds in the company’s outstanding bond loan for a refinancing of the group. The offer made by Lusat has been accepted by the shareholders of the company and certain major... more
Cargoline reports strong growth in Germany
With 12.48 million outgoing consignments (up 2.3%) and a turnover of EUR 1.42 billion (up 2.9%), the German general cargo network Cargoline completed another successful financial year in 2018. Domestic traffic (with an increase of 2.5%) was a particularly strong driver of... more
Switzerland: railfreight traffic growing
BLS Cargo posted a CHF 2.3 million profit in 2018, CHF 4.2 million less than in 2017. The private Swiss railfreight company generated higher revenues in 2018 because it transported more goods as the main carrier. The 2018 turnover came in 7.2% higher than in the preceding year.... more
A vision takes shape
The Voigt group specialises in supply chain solutions for pharma logistics. In August 2017 the Swiss company started building a new logistics centre in Niederbipp (Canton Berne). Construction is well advanced and the project is now on the home straight. The entire complex... more
Multimodal Xiamen - Duisburg connection
Ceva has launched a new Xiamen blocktrain service from China to Europe. Running on Wednesdays, the multimodal (sea/rail) transport link further taps the potential of trade among the countries under the belt and road initiative. Located in the southeast of mainland China,... more
Rhenus launches CO2 reduction programme for airfreight
Rhenus Logistics Air & Ocean has launched the world’s first global air freight carbon dioxide (CO2) reduction programme. With Rhegreen, a free-of-charge service, customers can choose a ‘greener’ aircraft for their cargo shipments. The company has created a system that... more
Champ Cargosystems communicates in Mandarin Chinese
Zeta Loo, Champ Cargosystems' head of commercial operations (Apac), addressed a packed audience at the 4th China Air Logistics Conference & Exhibition in Guangzhou (China) on 28 March 2019. She discussed the company's approach to innovation in IT for the future development... more