DHL can't help the trend 
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
MSC wants more
Clarksons reports that the Mediterranean Shipping Company (MSC) has ordered its next round of container newbuilds. This time, the Swiss shipping company has opted for wharfs in both China and South Korea to build 14 LNG capable units with a capacity 8,000 teu and six vessels of... more
Saudia Cargo and Cainiao strengthen partnership
The success of last year's cooperation agreement with Cainiao Network, the logistics arm of Alibaba Group, has enabled Saudia Cargo to achieve significant growth in e-commerce shipments this year. ITJ wrote an article about this cooperation last year. The agreement created a... more
First hybrid vessel delivered to Finnlines
It is the first vessel to be delivered to Finnlines as part of its EUR 500 million newbuilding programme - and an ecological leap forward. “Finneco I”, a hybrid ro-ro vessel planned and ordered in 2018 with two ro-ro vessels, was built from June 2020. The construction of the... more
Otto International chooses Heidi Stevens
Heidi Stevens will take over as CEO of Otto International, a global procurement and services company, on 15 May 2022. She follows Michael Dumke, who will retire on 30 June 2022. A London College of Fashion graduate, Stevens has an extensive career and track record in the... more
Special loco livery for centenary
The Malcolm Group recently unveiled its newly liveried Class 90 locomotive in Bellshill, Scotland. The locomotive is adorned in the group’s centenary year livery for its 100-year celebrations in 2022. Originating as a family-owned business in the 1920’s, the Malcolm Group has... more
New terminal in Eastern Poland
Polish logistics operator Pekaes, an affiliate of Geodis since 2021, has opened a new terminal in Głogów Małopolski close to Rzeszów in Eastern Poland, where its local branch will also be headquartered. The new location aims to facilitate the handling of international... more
Newbuild's first call in Rostock
The new ro-pax ferry "Nils Holgerson" has called at the overseas port of Rostock for the first time. The newbuild from China will be used by the ferry company TT Line in triangular traffic between the German ports of Travemünde, Rostock and the Swedish port of... more
Port internship and new umbrella brand for BÖB
Die Binnenhäfen, Germany’s federal association of public inland ports, has created an internship to show political decision-makers the diverse functions of an inland port. The official kick-off took place on Logistics Day: Mathias Stein, member of the German federal... more
50% of the trucks sold by 2030 to be electric
Sales launch for the first heavy-duty e-trucks up to 44 t: Volvo Trucks has opened its order system for its heavy electric trucks and plans to start series production this autumn. The electric trucks will initially be produced at the CO2-neutral Tuve plant in Gothenburg, Sweden.... more