Schulte Group's acquisition in Singapore 
The Hamburg-based Schulte Group has acquired a majority stake in Tec Hull Clean Limited (THC), a services provider in the maritime business. The Singapore-registered company specialises in underwater inspection, repair and maintenance (IRM). THC is headquartered in Singapore and... plus
Deutsche Post DHL and SF Holding conclude supply chain deal
Deutsche Post DHL Group has concluded a landmark deal to transfer its supply chain operations in mainland China, Hong Kong and Macau to SF Holding. The transaction involves the supply chain business and has no bearing on DPDHL Group’s business activities in international... plus
Fedex chooses Raj Subramaniam as president and COO
Fedex has appointed Raj Subramaniam as president and COO, effective 1 March. This appointment follows David J. Bronczek’s personal decision to retire as president and COO and from the board. Subramaniam will remain president and CEO of Fedex Express and will also serve as... plus
Champ Cargosystems helps to measure emissions
With the introduction of the new carbon offsetting and reduction scheme for international aviation (Corsia) initiated by Icao, the air cargo supply chain provides a unique opportunity for more stakeholders to measure their emissions. The average emissions during 2019 and... plus
Improving rail traffic for Vancouver’s port
The Government of Canada, the Vancouver Fraser Port Authority and Canadian National Railways (CN) have signed an agreement to upgrade key infrastructure in the Greater Vancouver area. The project is part of a long-term strategy to increase capacity and grade-separate the... plus
Ebitda target is coming closer
In 2018 Agility reported a net profit of KWD 81.1 million (USD 267 million), up 18.4% compared to 2017. Revenue for the year reached KWD 1.55 billion (USD 5.1 billion), and ebitda was KWD 154.8 million (USD 509.6 million), increases of 10.2% and 14.5%, respectively.... plus
“Curiosity of the Day” 
A camera has been installed on Andy Warhol‘s grave in Pittsburgh (USA) that transmits live pictures on the internet, 24 hours a day. https://www.warhol.org/andy-warhols-life/figment/ plus
Wabco Automotive moves its headquarters to Bern
Wabco Automotive, a supplier of braking and driving systems for utility vehicles, will move its global headquarters to Bern (Switzerland). The US company has so far run its global business from Brussels (Belgium). In a first phase, members of the executive management,... plus
Port of Hamburg sets a steady course
In 2018, the port of Hamburg handled 135.1 million t of sea cargo, similar to the result of the previous year. One of the reasons for the slight decrease of 1% was a drop in bulk cargo volumes. Loaded container volumes remained stable.In hinterland traffic, the port moved a... plus
Czech locomotives ordered Emilia Romana region
CZ Loko has won a tender to supply two EffiShunter 1000 locomotives to the Italy-based TPER joint stock company. The latter also has an option for another four units. The shunters will be used by TPER's subsidiary Dinazzano PO, a long-term customer of CZ Loko, already operates... plus