DB Schenker joins forces with USA Truck 
Germany-based multimodal transport specialist DB Schenker is acquiring all outstanding shares of USA Truck for a total of USD 435 million. The combination advances the two company’s shared vision to become the premier North American transportation solutions provider, DB Schenker... more
Support for modernising India’s railways
The World Bank’s board has approved a USD 245 million loan to support India’s efforts to modernise railfreight and logistics infrastructure. The rail logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more... more
Swedish Club celebrates 150th anniversary
The Swedish Club celebrated its 150th Anniversary last week, with a series of events held around the Club’s annual general meeting (AGM) in Gothenburg. The Club welcomed four new members to its board: Chen Xiaoxiong, vice president, Cosco Shipping, Mingfa Liu, director for... more
A Basque investment in Galicia
The French Olano group is taking over 100% of the shares of the Spanish company Devesa Express, which is located in province of Pontevedra (Galicia). Specialising in refrigerated transport, mainly of seafood, Devesa has 70 employees and a turnover of EUR 14 million per year.... more
WFS: new offline cargo facility in Amsterdam
Worldwide Flight Services (WFS), the world’s largest air cargo handler, is to open a new offline cargo warehouse at Amsterdam, where Tiaca's first regional symposium is taking place today, 28 June 2022. The new 3,000 sqm facility is the fourth WFS cargo terminal at Schiphol,... more
Hill Dickinson boosts Singapore shipping team
The international maritime law firm Hill Dickinson in Singapore has appointed Binoy Dubey as counsel and master mariner. He is an extra-master mariner and an English qualified solicitor with significant seagoing and onshore experience. Prior to joining Hill Dickinson, Dubey... more
Autonomous driving pilot to start in Norway
Mobility Forus, Boreal, Nordland County Municipality, Bodo Municipality and the Finnish self-driving technology company Sensible 4 are partnering to carry out the world’s first long-term autonomous driving service north of the Arctic Circle in the city of Bodo, Norway. The... more
Bavarians find their stand in Hamburg
It was a topping-out ceremony in a special place at a special time. With 175 guests, including some from Switzerland, Bavarian Group 7 celebrated this milestone for its new multi-user warehouse. Once completed, the modern logistics centre in Hamburg-Billbrook will comprise... more
Mining company orders 5,000 gondola cars
In Russia, United Wagon Company and Ural Mining Group have signed a memorandum to supply 5,000 gondola cars. The freight cars will be delivered in batches until 2024. The 12-9853 gondola car with hatches is manufactured at the Russian Tikhvin freight car building plant,... more
2021 a milestone for Girteka
Girteka released its financial results for 2021 in late June 2022. The Lithuania-based transportation company saw its transport business revenues growing by more than 20% compared to 2020, despite a significant rise in operating costs such as fuel prices. In total, sales... more