Change of perspective required
Hupac expects further significant growth in combined transport in the coming years. With the European Green Deal, greenhouse gas emissions in the transport sector are to be reduced by 90% and railfreight traffic volumes doubled by 2050. However, in order to shift more... plus
Green transport option in Ireland
At the end of June, the Irish Railway Iarnrod Eireann and transport company XPO Logistics will launch a new twice-weekly railfreight service in each direction between Ballina, Co Mayo and Waterford Port. The new rail service will offer Irish industry a greener and more... plus
Singapore MRO company enters freighter leasing market
Singapore Technologies Engineering's wholly-owned aviation asset management unit has entered into an agreement with Singapore-based global investment company Temasek to set up a 50-50 joint venture for freighter aircraft leasing. It will address the growing demand for freighter... plus
Takeovers in cold storage continue
Atlanta-based Americold has reported its figures for Q1/2021. Since the beginning of the year, the company has signed or completed three acquisitions, Liberty Freezers in Canada, Bowman Stores in the UK and KMT Brrr! in New Jersey. The latest takeover is expected to close in the... plus
ZIM maintains last year's course
The Q1/2021 results of Haifa-based ZIM Integrated Shipping Services are in line with the carrier's figures of the last quarter of 2020. Besides, the completed IPO at the NYSE raised USD 204 million in net proceeds. In Q1/2021, volumes surged by a significant 28% to 818,000 teu.... plus
Sennder picks senior director
Sennder has appointed Adeola Ogunwole as senior director, marketing and communication. She will be based in Berlin, the digital freight forwarder’s headquarters, and lead Sennder’s marketing and communication strategy, as the company is expanding its commercial network, to... plus
Near Highway 169 and Route 66
Amazon plans to build a 20,000 sqm sortation facility on property adjacent to Tulsa airport (TUL) which handled 52,000 t of cargo last year (-11%). The facility will be completed in late 2021. It will be Amazon’s third large investment in Tulsa, OK, following the 232,000 sqm... plus
New rail technology in Eastern Russia
Russian Railways (RZD) is equipping locomotives in Eastern Russia with virtual coupling for synchronised freight train driving. With the new technology, the coordination of the locomotive driving modes takes place via a secure digital radio channel. Currently, over 300... plus
Project logistics market on the upswing
In its "BHV Project Logistics Monitor 2021", Bremische Hafen- und Logistikvertretung (BHV) reports that the majority of Bremen's project logistics companies and their customers are optimistic. For 2021, around 45% of the companies surveyed predict increasing... plus
Reach Airports appoints CEO
Reach Airports, the USA-based joint venture of Munich Airport International’s (MAI) US holding and CAG Holdings, has named Andrew O’Brian new CEO, effective 1 August 2021. In his new role, he will oversee the management of the company, business development and cooperation with... plus