Acquisitions boost growth 
Despite increased economic uncertainties, TIP Trailer had another good year in 2019, with a revenue growing by 11% to EUR 626 million and an ebitda margin rising from 30% in 2014 to 39% in 2019. The Dutch trailer rental company also closed two strategic acquisitions, Pema... plus
500 new trucks for safe and sustainable transport
The German Hoyer Group has taken delivery of more than 500 new trucks, for which it has invested around EUR 42.7 million. The forwarder ordered the majority of the trucks to supply mineral oil in Great Britain. The vehicles were built by truck manufacturers MAN, Scania and,... plus
Rail frequency from and to China reaches historic level
Normally, between 35 and 40 trains travel between Duisburg in Germany and various destinations in China every week. This number had declined in February and March. But since the lock-down was lifted in some provinces, China’s economy has quickly started up again. Last month,... plus
Siberian operator expands its tank car fleet
Transport Logistics Systems (TLS) railway operator has received a supply of modern tank cars with a 25-t axle load for transporting technical grade sulphuric acid from Russian manufacturer UWC. This is the first time the Siberian operator has commissioned specialised new... plus
Bridge to boost trade between Cameroon and Chad
The African Development Bank (AFDB) has approved grants worth EUR 40.94 million for the construction of a bridge across the Logone river. The funds will co-finance the costs of construction of the bridge between Yagoua in Cameroon and Bongor in Chad, access roads and... plus
New North Sea hinterland connection introduced
In Germany, Eurogate Intermodal (EGIM) has extended its service network with a direct connection between Bremerhaven-Nordhafen and Frankfurt/Main. The new service started on 3 May 2020. The container train offers two direct shuttle runs per week between the Eurogate... plus
Deliveries confirmed touch-free by photo
During the current pandemic, safety concerns have become particularly important. Raben Group is launching an additional service for groupage shipments in order to maintain the recommended distance between persons involved in the delivery and to ensure convenience and safety of... plus
Milestone for road transport companies
The transport and tourism committee of the European Parliament confirmed the recent EU transport ministers’ agreement on the electronic freight transport information (eFTI) regulation. The new rules should be fully applied by all countries of the European Union latest by 2025.... plus
Covid-19 crisis hits the railway industry very hard
Since April 2020, the negative impact of the corona pandemic on Europe’s railfreight industry has increased. Operators report downturns of between 20% and 35%, and car transport services have completely ground to a halt. In a study, the German consultancy company SCI Verkehr... plus
Chinese protective masks arrive in Europe
The first major delivery with millions of masks and other protective equipment has arrived at the German seaport of Rostock via the "Eurasia rail-sea link". The vessel carried four containers with as many as 7.4 million protective masks for Germany and six more... plus