Russian Global Ports prevails 
Russian terminal operator Global Ports has reported its results for 2020. Consolidated marine container throughput went up by 6.6% year-on-year to more than 1.5 million teu against a 0.8% year-on-year decline in the Russian container market over the same period. Marine Bulk... more
Teneso wins white knight
The Karlsruhe-based German transport logistics company Teneso has won Rhenus High Tech as a shareholder for Germany. Founded in 2008, Teneso now has representatives in ten European countries, providing services in 25 European countries. It has also been offering digital... more
The hour of the specialists 
2020 saw European airports handle 11.8% less airfreight than in 2019. That sounds like a lot, but is put in perspective by the 70.4% fall in the passenger segment. Apart from that the business allows operators to earn decent returns. For how much longer? more
Switch from road to rail cuts CO2 by two thirds
Dalli is taking the next step in its sustainability strategy by switching the majority of deliveries from its Romanian production site to Germany and Belgium from the roads to the railways. It is cooperating with the Austrian full truck-load specialist LKW Walter on the... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
“Re-setting” Europe–Australia air cargo routes
Consol Alliance, an Australian wholesaler founded in 2011, and the recently-formed airfreight consolidator Wholesale-by-Vels, have entered into a strategic partnership to develop trade air cargo business on the Europe-Australia route.Initially, the alliance will operate weekly,... more
Vaccines from Belgium distributed in South Korea
Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain storage, were packed in Belgium for their journey, and... more
Kirchgeorg takes the reins
Siemens Digital Logistics has hired Volker Kirchgeorg as CEO, starting in March. Kirchgeorg, an experienced technology sector manager, has joined the IT provider for global supply chain management as a specialist in the digital transformation of logistics processes.Kirchgeorg... more
Sweden turning from land to sea
The Swedish government wants to drive the ecological transformation in the country further. Shipping companies are eligible to apply for an environmental compensation bonus to transition from overland to maritime transport. It was revealed at the end of February that three of... more