ELP: success with six-axle hybrid locos 
The Swiss leasing company has reached a milestone: European Loc Pool (ELP) recently signed up the 100th locomotive on a long-term full-service lease. The company was founded only five years ago. It supplies exclusively six-axle hybrid locomotives with the Euro 9000 and the Euro... plus
Arcese leases warehouse in Spain
Arcese, a global logistics operator, and Cilsa, which manages ZAL Port, have signed a new lease for 10,264 sqm of warehouse and 957 sqm of office space at ZAL Port in Barcelona, thus reinforcing their partnership. This expansion supports Arcese's growth in Spain,... plus
Quantron: changes at the top
Andreas Haller (photo) replaced Michael Perschke as CEO on 1 January 2024. With the two company founders Haller and Herbert Robel, Peschke ran the business for the last two and a half years. He left Quantron’s board of directors on 31 December 2023, but will retain his shares in... plus
Nepal Airlines renews ULD partnership
Unilode Aviation Solutions, a provider of outsourced unit load device (ULD) management, repair and digital services, and Nepal Airlines, Nepal’s flag carrier, have extended their full-service ULD management partnership for another three-year term. Nepal Airlines awarded the... plus
Difficult times for real estate in Hamburg
2023 was a year of mixed results for real estate in Hamburg. Engel & Völkers Commercial Hamburg looks back on last year and predicts developments for 2024. In 2023, around 285,000 sqm of industrial and logistics space was taken up in Hamburg - in 2022, take-up was... plus
EUR 41.2 million for rail project
The European Investment Bank (EIB) will provide a EUR 41.2 million loan to support a project to upgrade Moldova’s north-south rail corridor. On a total length of 370 km, 128 km will be rehabilitated, including the replacement of 50 switches at stations. This corridor serves... plus
A skipper for Mauritian repair yard
Taylor Smith Shipyard (TSS), the oldest ship repair yard on Mauritius, has appointed Willy van Niekerk as its new general manager. TSS recently added civil construction services involving steel works for land projects to its marine portfolio. Van Niekerk knows the yard well... plus
Expanding cargo SAF programme
Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The companies signed a sustainable aviation fuel cooperation programme agreement at the Yusen Logistics... plus
OOCL feels the pressure
Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in Q4/2022 to USD 1.62 billion in Q4/2023.... plus
A supply chain "vision" for Chaoji Food
Hong Kong-based Vision International Holdings, a provider of supply chain solutions, has signed an agreement with Dichao. Founded in Shenzhen (PRC) in 2019, Dichao develops and produces frozen meat products under the Chaoji Food brand. Vision International’s supply chain... plus