Major stake in Italian rail operator CFI acquired 
F2i Sgr, an infrastructure fund manager, and Ania, Italy's National Association of Insurance Companies, have acquired an over 90% shareholding in Compagnia Ferroviaria Italiana (CFI), an independent railfreight transport operator in Italy. The company was established 2007 and,... plus
Antonov continues to assemble new transport aircraft
The Ukrainian aircraft manufacturer Antonov is continuing to produce the AN-178 aircraft under quarantine conditions. As of last week, the preparatory works for jig assembly of the aircraft’s fuselage were completed. In total, 25 Ukrainian companies and about 30 European and... plus
Reico in new hands
The newly-established companies DSS Logistik and DSS Nutzfahrzeug Service, based in Zossen (Germany), are taking over business operations of Reico Spedition, an insolvent forwarding entity, and ASB, a car and brake service provider. The move ensures that 111 jobs at Reico and... plus
Motorways of the sea stronger in Barcelona
In March 2020, the volume of freight traffic at the port of Barcelona totalled 4.9 million t, a drop of 8.3% compared to March 2019. The negative consequences of the coronavirus pandemic is also making an impact on containers - a total of almost 220,000 teu lifted is a hefty... plus
Rhenus acquires C+G Logistics
Rhenus is undergoing a period of sustained growth, with its latest acquisition seeing Irish chemical logistics specialist C+G Logistics join the German group. Headquartered in Dublin, the chemical storage and transportation specialist has more than 40 years’ experience in... plus
New faces on DB Cargo board
DB Cargo is reorganizing its 6-strong board of directors. In future 50% of its members will be women (i.e. three in all). The team, led by the German freight railway’s CEO Sigrid Nikutta, will consist of newcomer Martina Niemann and chief human resources officer, Ursula... plus
Virtual celebration of Logistics Day 2020
"Logistics makes it possible" was the slogan of this year's Logistics Day, which was forced to take place virtually at Captrain Germany due to the corona crisis. An online tour of the 120-year-old railway company highlighted its broad-based service range and its... plus
Divestments and investments of Royal Vopak
The tank storage company Royal Vopak achieved revenues of EUR 296.9 million in Q1/2020. Ebitda amounted to EUR 200 million compared to EUR 215 million (pre-divestments) in Q1/2019. On 31 January 2020, Vopak completed the earlier announced divestment of its 100% shareholding in... plus
Italian group to double round trips in Sweden
TX Logistik (TXL), part of the Italian railway group Polo Mercitalia, has expanded its rail freight traffic in Sweden. As of 6 April, the number of trains for the Swedish retail chain Coop was increased from 10 to 20 per week. The connection is used to supply foodstuffs to... plus
Efforts abound in South American markets
After widening its intra-American network, Latam Cargo is strengthening its supply between South America and Europe. Specifically, the company added a seventh weekly frequency, totalling a 40% increase in its offer compared to the period prior to the pandemic. Up until 18... plus