Fedex Express boosts freight capacity
Fedex Express, a subsidiary of Fedex Corp and the world’s largest express transportation company, has boosted its intra-Europe air network capacity with the addition of three new flights and four flight capacity upgrades, adding a total of almost 210,000 kg of weekly capacity on... plus
CMA CGM looks back in joy
The results for the French carrier CMA CGM and its logistics affiliates in Q3/2021 follow the current trend. While consolidated revenues amounted to USD 15.3 billion, almost doubling the figures of the same period in 2020, consolidated ebitda grew to USD 7.1 billion and net... plus
Over 1,000 CNG trucks for European operations
Iveco has signed another deal with Amazon: the USA-headquartered online dealer recently placed an order for 1,064 trucks. Amazon has already taken delivery of the first 216 Iveco s-way CNG trucks to be operated by its partners in Europe. Deliveries of the remaining 848 units are... plus
Laurels for technology in logistics
Founded in 2016, technology company Insta Freight has reached seventh place in Deloitte's Technology Fast 50 2021. With this award, Deloitte honours the 50 growth champions in the tech industry, based on their percentage revenue growth over the past four financial years. The... plus
First A330P2F re-delivered to MNG Airlines
In April, MNG Airlines became EFW’s (Elbe Flugzeug Werke) first Turkish customer to invest in converting an A330 passenger aircraft to freighter. Turkey’s first A330-300P2F is now leaving EFW's facilities after a planned seven months of conversion. With more to come for MNG,... plus
Dunkerque-Port renews management board
After a recent meeting of the supervisory board of the Grand Port Maritime de Dunkerque, Emmanuelle Verger, chairwoman of the supervisory board and Maurice Georges, chairman of the management board, announced the appointment of Daniel Deschodt as deputy managing director of the... plus
DDS raises new funds
DDS Logistics, a French software developer for transport, logistics and international sourcing that specialises in transport management solutions (TMS), has just obtained new funds from its investors. The EUR 8 million fresh cash will be used to push two projects: the... plus
Lineas banks on European business
Lineas has signed an agreement with Beacon Rail and Ermewa Group on a phased sale-and-leaseback of 109 T77 diesel locomotives over the period 2021-2023 and approximately 4,000 freight wagons in 2021. Lineas will continue to use the assets in its day-to-day business and remain... plus
Two Boeing B747-8F for Hongyuan Group
AFG Aviation Ireland (Ireland), a wholly owned subsidiary of Aircraft Finance Germany, has completed the acquisition of two Boeing B747-8F freighter aircraft, MSN 37562 and MSN 37563, from Saudi Arabian Airlines for its strategic partner Hongyuan Group. Hongyuan Group is the... plus
"Greening" the world's fleet
Maritime consultancy Clarksons Research has published a report on the adoption of 'green' technology in the world’s merchant fleet. According to this data, currently 4.2% of the operating fleet and 34% of the order book in tonnage (GT) is ready to use alternative fuels or... plus