Nocc now in one hand 
Institutional investors advised by J.P. Morgan Global Alternative’s Global Transportation Group acquired 50% of Norwegian Car Carriers (Nocc) from Klaveness Marine, taking its ownership to 100%. At the same time, Nocc acquired all minority shares in Nocc Atlantic DIS and became... more
More than 64 t of goods transported
CD Cargo has had a very tough year. In addition to the dramatic increase in energy prices and almost all other costs, the railway company had to cope with a decline in the volume of many commodities transported due to the lower performance of some industries. Nevertheless,... more
Axxès: a new team for DACH markets
Digital service provider and toll service provider Axxès, which is headquartered in Lyon (France), opened a branch in Frankfurt am Main (Germany) on 1 March 2023. From this office, a team of six employees will support the company’s development in the DACH markets, reporting to... more
Leteci Balkanac starts test run in the Balkans
European Loc Pool (ELP) is collaborating with Stadler Rail and third-party partners to secure the homologation of Euro Dual Locomotives in Slovenia, Croatia, Serbia, and Montenegro and thus extend the deployment of these units to these countries. The partners will conduct... more
A takeover in Greenland
Eimskip Greenland has acquired the port agency Royal Arctic Line (Royal Arctic Spedition) in Greenland. Eimskip has been operating a freight forwarding office in Nuuk in Greenland since 2020. This newest takeover will strengthen Eimskip’s position in its home market in the... more
GW strengthens position in USA
Logistics provider Gebrüder Weiss has further expanded its presence in USA and opened an air and sea freight office in Miami, Florida. Miami primarily handles imports from Asia for onward transport to South and Central America, as there are only a few direct routes from Asia.... more
Cooperation for hydrogen supply in Scandinavia
Quantron and Westgass Hydrogen have signed a strategic collaboration agreement (SCA) for the deployment of zero-emission trucks in Norway, Iceland, Sweden, Finland and Denmark. The two companies will work together to provide a joint offering based on hydrogen-powered... more
WDS bolsters leadership team
World Distribution Services (WDS), a premier provider of innovative warehouse logistics solutions, has added two seasoned professionals to its leadership team: Brian Noonan has been appointed senior vice president of customer solutions and Nicole Butcaris will be director of... more
Truck and bus to replace short flights
As of 1 May 2023, Finnair will cease flying two of its shortest domestic routes, replacing 25-35 minutes long air flights between its Helsinki hub and the cities of Turku (TKU) and Tampere (TMP) with connections by bus - and truck. Perttu Jolma, VP Network: "The flights... more
Mosolf Group ventures into port logistics
Mosolf Group, a major system service provider to the automotive industry in Europe, has entered the port logistics market at its Wilhelmshaven site in Germany. The plan is to import several thousand vehicles a year with MG Motor Deutschland, a company with engineering and... more