Refinancing and expansion secured 
Rail vehicle lessor Railpool extended its financing arrangements in April, and secured further funds for the company's planned growth. The new financing structure, with a total volume of around EUR 1.07 billion, consists in equal parts of the refinancing of existing loans... plus
Dnata boosts Erbil operations
Global air and travel services provider Dnata is expanding its operations in Erbil, Iraq. The company has opened a new, advanced cool chain facility and a bus maintenance facility at Erbil International Airport (EBL), which together represent a total investment of USD 3.5... plus
New rail service along Eurasian Middle Corridor
Maersk has introduced a new rail-sea service connecting Asia to Europe along the Middle Corridor. Departing from various locations, the service connects China and Europe via Central Asia in about 40 days and helps to ease current logistics woes, Maersk said. After passing... plus
Corrigendum - Fiata calls for a turn of the tide on the seas
The FIATA HQ Meeting in Geneva, one of the annual gatherings of the global organisation’s 40,000 freight forwarders, is addressing one of the palpitant challenges, the vertical integration of the industry – by the carriers. President Ivan Petrov spoke of the “drastic misuse... plus
Skycell picks Emma Wong and Daniel Kwa
Skycell is expanding its APAC presence by hiring key industry executives in Singapore and Hong Kong. Daniel Kwa (left) takes on the role of head of sales APAC, whereas Emma Wong (right) becomes top account executive director APAC. “Having spent 20 years within the pharma and... plus
Changing trends in cargo theft
In its joint report on global cargo theft trends in 2021, the TT Club concludes that there has been a shift in emphasis from risk of in-transit, vehicle-based attacks to losses while cargo is at rest. Especially storage locations are critical at-risk areas, as... plus
Egyptair turns to Boeing conversions
Egyptair has signed a contract for an B737-800 freighter conversion (capacity 23.9 t) with Aeronautical Engineers (AEI). The aircraft is scheduled to commence modification by the authorised AEI Conversion Centre, Commercial Jet, in Miami, FL in October 2022. Once completed, this... plus
Batteries for heavy electric trucks
Volvo Trucks is opening its first-ever battery assembly plant in Ghent, Belgium. The plant will supply ready-to-install batteries for the Swedish manufacturer's all-electric heavy trucks. Samsung SDI cells and modules will be assembled into battery packs tailor-made for Volvo... plus
A mixed picture in Hamburg
The Port of Hamburg witnessed different trends in the market In Q1/2022. While container handling rose by 1.8% to 2.2 million teu, total throughput declined by 2.8% to 31.2 million t. The sanctions against Russia that came into effect in March have not yet shown their full... plus
IAPH chooses Michael Luguje
Michael Achagwe Luguje, managing director, Ghana Ports and Harbours Authority (GPHA), Ghana, has been elected as vice president for the Africa Region of the International Association of Ports and Harbours (IAPH) by a vote of confidence of the region’s members. Luguje holds a... plus