"Curiosity of the Day" 
Astronauts grow by up to 7 cm in space because weightlessness causes the intervertebral discs to swell. plus
Hapag-Lloyd: 2021 puts wind in the sails 
Carriers cannot help making money these days. While the volumes transported moved sidewards with 11.9 million teu (2020: 11-8 million teu) in 2021, Hapag-Lloyd's revenues went up by 43% and increased to approximately EUR 22.3 billion in total. The shipping group's ebitda... plus
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... plus
Big Brown in good shape
UPS is reaching for the stars, approaching the threshold of USD 100 billion in annual revenues. In 2021, consolidated revenue in the CEP business increased by 15% compared to 2020, amounting to USD 97.3 billion in total. Net profit also took a leap, since adjusted operating... plus
Road congestion strengthens rail in Asia
DHL has seen significant uptake with its 2021 launched daily connection between Kunming, China and Vientiane, Laos. The rail service shortens transit time between these two destinations to about 20 – 24 hours, compared to 20-30 days with the present heavy traffic on the... plus
Swissterminal celebrates half a century
Swissterminal, an international integrated logistics provider headquartered in Frenkendorf near Basel and with locations in Switzerland and France, is celebrating five decades of operations. On 1 February 1972, when Alex Mayer founded Container Depot – the forerunner for... plus
‘A’-ratings for The Swedish Club
S&P Global Ratings has reaffirmed the ‘A’-ratings for long-term insurer financial strength and issuer credit for The Swedish Club. S&P also maintained its assessment of the Club's outlook as negative. Managing director of The Swedish Club, Lars Rhodin: “Following such... plus
Train instead of truck cuts CO2 by around 75%
A positive result: At the end of last year, automotive industry supplier Webasto tested the delivery of component parts for production by train at its plant in Mecklenburg-Western Pomerania (Germany). The interim results of the pilot conducted by DB Cargo Logistics and... plus
London City bond opts for freeport advantages
The freeport status has attracted yet another tenant to DP World London Gateway’s growing port-centric logistics park. London City Bond, which will take the facility on a long-term lease from March, is a major UK tax warehousing company and specializes in storage for renowned... plus
New LNG units for PIL
Pacific International Lines (PIL) is investing again. According to the local press in Singapore, the liner has ordered four newbuilds. Currently, two 13,000 teu LNG units are confirmed, and another two are in the pipeline. The vessels will be built at Jiangnan Shipyard.... plus