2021 a pushy year for Liebherr
In 2021, the Liebherr Group achieved a total turnover of EUR 11.6 billion which corresponds to a rise of 12.6% or EUR 1.3 billion compared to the previous year. The group was thus almost able to match its previous record year in 2019 in terms of annual turnover. Net profit for... plus
Speed along Hungary-Serbia railway increased
The Belgrade-Novi Sad section of the Hungary-Serbia railway has recently been put into operation. It marks significant progress on the Hungary-Serbia Railway, a project jointly constructed by China and Central and Eastern European countries. The new stretch shortens the... plus
Repercussions of the Shanghai lockdown
The impact of shutdowns on a global scale can be seen in Europe's largest economy, among others. The People's Republic of China is currently reacting to rising Corona infection figures by imposing lockdowns. The metropolis of Shanghai is one of the regions affected. The port... plus
Bolloré and MSC clinch deal in Africa
White smoke is rising. The negotiations between the French Bolloré Group and the Geneva-headquartered MSC, which were announced in December 2021, have come to a successful conclusion. On 31 March 2022, the Bolloré Group inked the contract of sale with the MSC Group for 100%... plus
BDB elects new presidium
After the regular elections to its presidium held on 30 March 2022, the Bundesverband der Deutschen Binnenschifffahrt (German federal association of inland navigation, BDB) announced the following changes to its leadership team that now consists of seven members (from left to... plus
Improving aerodynamics to save fuel
As part of a pilot, Hegelmann is having semi trailers equipped with components of a special aero package from Betterflow. The components are attached to the underbody of the trailer and reduce the truck’s air resistance. Improving the aerodynamics can save up to 1.8 litres... plus
Supporting B737 P2F conversions at Gatwick
In late April 2022, JMC Group is beginning a two-year programme to support Boeing at its MRO facility at London Gatwick airport. The British aviation and aerospace engineering company will partner with Boeing on B737 passenger to freighter conversions. A new dedicated... plus
Repurchase of Gefco shares?
The Gefco Group hasn't remained untouched by developments in Eastern Europe. Since RZD, the Russian railways, bought 75% of its capital in 2012, the sanctions imposed on its shareholder by the European Union are having a negative impact on the group’s activities, in the UK, for... plus
Logistics guidance for sustainability ahead
The Smart Freight Center, the World Business Council for Sustainable Development and 25 more global companies, including Maersk, which joined only a short while ago, are part of a consortium seeking to co-develop actionable and implementable guidance to quantify the impact of... plus
Long HGVs expand European fleet
Freight forwarder Karl Jürgensen has taken delivery of two Krone long HGVs. The type 3 combinations - three-axle motor truck, actively steered Krone dolly and dry liner semitrailer - are 25.25 m long. As special features, the box bodies have double-decker systems and floors... plus