Changes at the helm of Fedex Corp 
Frederick W. Smith (left), chairman and CEO, will become executive chairman, and Raj Subramaniam (right), president and COO, will be promoted to president and CEO of Fedex Corporation. In addition, R. Brad Martin, chair of the board’s audit committee, is now non-executive... more
New platform for Tanzania's businesses
DP World is launching its wholesale e-commerce platform dubuy.com in Tanzania. The online marketplace will attempt to give Tanzanian businesses more opportunities to buy wholesale products across a variety of categories both domestically and abroad - and a broader access to... more
"Curiosity of the Day" 
A sentence that contains all the letters of the alphabet is called a "pangram". more
Speed along Hungary-Serbia railway increased
The Belgrade-Novi Sad section of the Hungary-Serbia railway has recently been put into operation. It marks significant progress on the Hungary-Serbia Railway, a project jointly constructed by China and Central and Eastern European countries. The new stretch shortens the... more
Repercussions of the Shanghai lockdown
The impact of shutdowns on a global scale can be seen in Europe's largest economy, among others. The People's Republic of China is currently reacting to rising Corona infection figures by imposing lockdowns. The metropolis of Shanghai is one of the regions affected. The port... more
US class I railway launches domestic service
With the growth of its direct-rail intermodal service connecting Southern California with key markets in the Midwest, Burlington Santa Fe Railway (BNSF) is expanding its services between Los Angeles, CA and St. Louis, MO. The upgrade increases the market reach, frequency and... more
Bolloré and MSC clinch deal in Africa
White smoke is rising. The negotiations between the French Bolloré Group and the Geneva-headquartered MSC, which were announced in December 2021, have come to a successful conclusion. On 31 March 2022, the Bolloré Group inked the contract of sale with the MSC Group for 100%... more
Repurchase of Gefco shares?
The Gefco Group hasn't remained untouched by developments in Eastern Europe. Since RZD, the Russian railways, bought 75% of its capital in 2012, the sanctions imposed on its shareholder by the European Union are having a negative impact on the group’s activities, in the UK, for... more
BDB elects new presidium
After the regular elections to its presidium held on 30 March 2022, the Bundesverband der Deutschen Binnenschifffahrt (German federal association of inland navigation, BDB) announced the following changes to its leadership team that now consists of seven members (from left to... more
Improving aerodynamics to save fuel
As part of a pilot, Hegelmann is having semi trailers equipped with components of a special aero package from Betterflow. The components are attached to the underbody of the trailer and reduce the truck’s air resistance. Improving the aerodynamics can save up to 1.8 litres... more