Will carrier profitability last?
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... plus
Another coup for Gebrüder Weiss
The Bavarian middle-sized freight forwarder Spedition Lode and its 60 employees will join the Gebrüder Weiss network in October 2021. Financial details of the deal were not disclosed. With this latest acquisition, Gebrüder Weiss is taking another step in its expansion in... plus
Waberer’s International picks CEO
Logistics company Waberer's International has named Zsolt Barna as new chief executive officer, effective 1 September 2021. Former CEO Barna Erdélyi joined the company's board of directors on 31 August 2021. Prior to his new appointment, Zsolt Barna was managing director of... plus
Largest ever order in South America
Transporter Grupo Prodes in Colombia has ordered 200 Daf for transporting beer, soft drinks and tropical fruit in inhospitable areas. It is the largest order ever for Daf Trucks in South America, the manufacturer said. The vehicles are all three-axle CF 6x4 tractors. The... plus
STOL aircraft returns to civil register
Britten-Norman has acquired a fleet of BN2T-4S Islander aircraft which have previously served in the British military in the UK and overseas. The aircraft, which are the higher capacity, longer endurance version of the turboprop Islander, will undergo a major refurbishment that... plus
Fraport USA's new gadget
The idea was born in the USA. Airport retail concessions developer Fraport USA is partnering with Servy, the enterprise self-service platform for hospitality, to bring its mobile ordering and delivery service, Gatewaiter, to select US airports. The new platform, powered by... plus
Maritime decarbonisation in Singapore
Singapore's maritime and port authority has launched the formation of its own global centre for maritime decarbonisation. To start with, the MPA and six founding partners - BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Sembcorp... plus
"Curiosity of the Day"
If we sleep badly the first night in a strange bed, the left half of the brain is to blame. While the right half sleeps, the left stays alert to keep watch in unfamiliar surroundings. plus
India: more freight and faster trains
Despite Covid challenges, Indian Railways continued its high growth momentum in terms of cargo handling and earnings in August 2021. The company's freight volume in August 2021 amounted to 110.55 million t, which is 16.87 % more than in August 2020. The railway earned IND... plus
Upply chooses Thomas Larrieu
Thomas Larrieu, Upply's director of data and R&D since 2018, assumed his new position as CEO on 1 August 2021, succeeding Boris Pernet. Arrieu is a graduate of the Toulouse School of Economics and holds a PhD in economics from the École Polytechnique. He has been with... plus