Qatar Airways ends successful 2018 investing in China
As part of its strategy to invest in the strongest airlines around the world, Qatar Airways completed an on-market purchase of certain A and H shares of China Southern Airlines on 28 December 2018. This investment results in an aggregate holding of approximately 5% of the... plus
New IT system for Bremen port railway
The port of Bremen’s railway is to get a new modular IT system that will optimize train and wagon movement planning and scheduling. From autumn 2020, users will be able to use a customer portal to obtain information about port railway operations, record and track orders, as... plus
Redspher boost sales to EUR 300 million
The logistics group Redspher, which is owned by the on-demand transport provider Flash Europe International, generated a turnover of around EUR 300 million in 2018, thereby achieving the sales target it planned for 2020. The group of companies (then known as Flash) registered a... plus
Port of New Orleans - new commissioners take charge
The board of commissioners of the port of New Orleans selected a new executive committee in late December 2018. Arnold B. Baker was elected chairman, Tara C. Hernandez as vice-chair and Darryl D. Berger as secretary-treasurer. Baker joined the US port's board in April... plus
Rhenus acquires Cesped in Italy
Rhenus Logistics has purchased 100% of the equity share capital of Italy-based Cesped and its related companies. Guido Restelli, MD of Rhenus Logistics in Italy and future member of Cesped’s management board, remarked: “This move offers great potential for further developments... plus
Icao looks back on "moderate" 2018
After the sharp pick-up in airfreight growth during the inventory restocking period in 2017, air cargo traffic growth moderated in 2018. That coincided with the softening demand drivers impacted by trade tension and declining import and export orders. Preliminary figures... plus
Is world trade gaining ground again?
The container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) came in at 133.7 points in November 2018 (validated). That was a slight... plus
“Curiosity of the Day”
Determined to prove his theory that yellow fever was transmitted by mosquito bites, the US medical pioneer Jesse Lazear allowed himself to be bitten by infected insects. His idea was correct – but it caused his death soon after in September 1900. plus
FMS Chile operational since December
As a part of its international expansion, the Hamburg-based service provider, Fr. Meyer’s Sohn (FMS), recently opened a new office in Santiago de Chile. The office is headed by Jose Antonio Robledo. The vertical focus will be on consumer products, metals, minerals and forestry.... plus
Latam Cargo receives first converted freighter
Only few days before Christmas and one year after Latam Cargo and Boeing signed a contract for the conversion of three B767-300ER (extended range) passenger aircraft to B767-300BCF (Boeing converted freighters), the Latin American carrier received the first converted aircraft.... plus