Zeaborn group takes full ownership of Zeamarine 
The Zeaborn group has signed an agreement to acquire the remaining ownership interests in Zeamarine held by New Mountain Capital. The Zeamarine JV was formed in August 2018 when New Mountain Capital and Zeaborn agreed to combine the commercial activities of Intermarine, Zeaborn... plus
Dematic builds in Atlanta
Dematic is building its new global headquarters on a 40,000 sqm area of real estate in Atlanta (GA, USA). With this move, the intralogistics specialist will also expand its staff on site: about 230 additional jobs will be created in Atlanta. The global company headquarters will... plus
Improved starting power for locomotives in Brazil
58 locomotives manufactured by GE Transportation are being fitted with battery systems from the French-based firm Saft. The broad-gauge diesel-electric locomotives will provide freight hauling services for Brazilian rail operator MRS Logistica. The 64 V batteries deliver... plus
Connecting Alaska's most remote areas
The US airline Lynden Air Cargo is expanding its scheduled service points in Alaska (USA) to include St. Mary’s (AUK) and Emmonak (EMK). Beginning today (30 April 2019), Lynden will offer year-round scheduled air freight services on Tuesdays and Fridays to better serve customers... plus
ONE banking on synergy effects
ONE, the joint venture for container traffic of the three Japanese shipping companies K Line, MOL and NYK, reported a loss of USD 586 million in the fiscal year ending 31 March 2019. Revenues were at USD 10.88 billion. The average exchange rate was JPY 109.48 per USD, and the... plus
Key appointments for Imperial Logistics in China
Imperial Logistics has expanded its China management team in Shanghai and moved to larger offices, preparing for planned growth. Joshua Mclarin has been named as the company’s new managing director for China. Mclarin has spent the past thirteen years of his logistics career in... plus
B&H Worldwide signs contract with AOG-247
B&H Worldwide has signed a multi-year deal to provide the aircraft and engine components supplier AOG-247 with warehouse and inventory management services at both London Heathrow (UK) and Frankfurt (Germany). Under the terms of the contact B&H will supply full... plus
China trains boost trade through the port of Duisburg
Duisport, the port of Duisburg (Germany), is intensifying its cooperation with the Chinese city of Chongqing. The port’s administration and the Chinese company YuXinOu have signed an agreement to that effect. YuXinOu organises railfreight services to and from Chongqing.... plus
All Nippon Airlines concludes eventful fiscal year
All Nippon Airlines (ANA), the Japanese carrier that celebrated the take-over of its first A380 in March, published its results for the financial year which ended on 31 March 2019. Although there was a fourth quarter drop in demand for cargo from China, performance in... plus
World container throughput recovers, says RWI/ISL
According to current flash estimates, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) rose to 136.9 in March, thus offsetting, at least in part, the sharp drop to 134.5 reported in... plus