Icao: forecasts for 2024
In its latest press release, Icao forecasts that global demand expressed in freight tonne kilometres (FTK) will be around 2% below 2019 levels for the full year 2024. It bases this projected decline mainly on anticipated reductions in demand due to a weak economic climate... plus
Captrain: changes at the helm
Johann Ubben, managing director of Captrain Deutschland Cargowest (CCW) and Captrain Netherlands (CT-NL) since 1 September 2020, will leave the Captrain Deutschland Group for personal reasons on 29 February 2024. In October last year, he asked his shareholder to terminate his... plus
From DB Schenker to Maersk
Logistics expert Ole Trumpfheller will assume the position of vice president and managing director of the North Europe Continent (NEC) area of Maersk, based in Hamburg on 1 May 2024. Trumpfheller is moving from DB Schenker, where he was most recently head of global... plus
Freight's out, and away we go!
DHL and Formula 1 are extending their 20-year logistics partnership in a new multi-year deal to create more sustainable solutions for the sport and achieve their net zero goal for 2030. The two companies have seen many changes in the sport since the beginning of their... plus
"B" score despite increased challenges
ÖBB Rail Cargo Group (RCG) has once again gained a "B" score in the carbon disclosure project (CDP). This is despite the increase of requirements and the addition of completely new issues such as biodiversity or the EU taxonomy. Many new points of detail have been... plus
Study for an e-fuel supply chain
MOL, Itochu, HIF, and JFE Steel have partnered to explore the feasibility of a comprehensive supply chain for synthetic fuel and CO2 marine transport using green hydrogen. The study will first examine the use of e-fuel at JFE Steel and then cover CO2 capture in Japan, its... plus
Up to 120,000 kg cargo capacity every Friday
Network Airline Management and Taag Angola Airlines have renewed their long-term freighter aircraft contract, sealing their current partnership for the foreseeable future. Resuming its regular weekly scheduled service from Liege, Belgium, to the capital of Angola, Luanda, NAM... plus
A Kiwi cold chain hub
Maersk has opened a new cold chain site at the Ruakura Superhub, its biggest infrastructure investment in New Zealand to date. Valued at NZD 140—150 million and built for multimodal activities, the 18,000 sqm cold chain facility will connect Maersk to key points for freight... plus
HFW expands its Greek ship finance team
Global, sector-focused law firm HFW has continued to expand its Greek ship finance offering with the hire of an executive team in Piraeus, led by partners Robin Parry and Ronan Le Du. Both have decades of experience on ship finance matters and join HFW alongside a team of... plus
Eastern Airlines moves to the West
The Economic Development Corporation of Kansas City, MO (EDCKC) and its partners have announced that Eastern Airlines has selected Kansas City, MO, for its new headquarters. The company has had a presence in Kansas City since 2021, when it purchased an MRO facility, Alta Aero... plus