Money (no longer) talks 
The Copenhagen-based maritime consultancy Sea-Intelligence has taken a closer look at the financial results of major shipping lines in recent times. The first rank of carriers can look back on USD 124 billion in operating profits in 2021. In the first three quarters of 2022 the... plus
Nigeria welcomes FedEx
FedEx has launched its own commercial presence in Nigeria. Red Star Express, the current service provider in Nigeria, will continue to provide the infrastructure for FedEx in the field of ground operations.Nigeria is the largest and fastest-growing economy in Africa, and the... plus
Dunkirk chairman now at the helm of Norlink Ports
After five years as president of Norlink Ports Bruno Fontaine, president of the Scheldt Ports, has decided to leave his role with the association. On 28 November a restricted board of directors meeting was held for Norlink Ports, during which Maurice Georges, chairman of the... plus
Affordable next-day parcel delivery by Teleport Pink
Teleport, the logistics arm of Capital A (formerly the AirAsia Group), officially launched Teleport Pink recently – a next-day international parcel delivery service that allows customers in Kuala Lumpur to send anything to Singapore at a flat rate of MYR 40. Teleport Pink was... plus
Railway to market its services directly in China
From the beginning of 2023 the ÖBB Rail Cargo Group (RCG) will strengthen its market position in Eurasia with the newly-founded subsidiary Rail Cargo International Freight Forwarding, based in Shanghai. The subsidiary will enable the rail freight operator to offer its entire... plus
When French and US-Americans sympathise
The Marseille-based CMA CGM Group has inked an agreement to acquire GCT Bayonne and New York terminals, on Staten Island. The two east coast facilities belong to Global Container Terminals (GCT). The price of the purchase wasn’t disclosed. The Port Authority of New York and New... plus
Groupe Pierre in Belgium sold
In order to widen its pharmaceutical logistics services, the Japanese player Yusen Logistics has acquired the Groupe Pierre in Belgium. The group, based in the Walloon Brabant region, consists of the three units Transports Pierre (GDP-certified overland transport), Pierre... plus
Memphis steams infested chestnuts for the holidays
A month ago US Customs and Border Protection (CBP) agriculture specialists in Memphis TN intercepted nine immature insects in a shipment of chestnuts. The eight-kilogram shipment from Bolzano (Italy) was en route to a residential address in Long Island NY and lacked the... plus
New generation in charge at workplace specialist Krieg
On 1 October Andreas Krieg (left) transferred the management of Krieg, a company specialising in workplace systems and office furnishings, to Florian Becker (right). After completing his business studies Becker worked for one of the largest wholesalers of automotive parts for... plus
"Curiosity of the Day" 
Oscar Wilde (1854–1900) often wore a green carnation in his buttonhole. It subsequently became a sign for homosexuality. plus