Canada Post reduces its losses 
The rise of e-commerce does not necessarily result in a business boom for national post carriers. For instance, national carrier Canada Post reported a loss before tax of CAD 264 million (USD 207 million) in Q3/2021, a slight improvement compared to the same period last year.... more
North Vietnamese terminal hits the mark
In Vietnam, Tan Vu terminals at the Hai Phong Port in Dinh Vu Industrial Park handled its one millionth teu in mid-November. While the ports in southern Vietnam tend to be the busiest, this is the first time a port in northern Vietnam has handled one million teu in a year,... more
Wartsilä: new ship technology for fuel conversion 
Technology group Wärtsilä is launching its two-stroke marine engines to future fuels with zero or low carbon emissions on the market in Q1/2022. MSC's fleet management division was a partner in this project. According to Wärtsilä, the new technology is "an important... more
Three weeks to express interest
M&A consultancy Falkensteg, based in Düsseldorf, has been commissioned to find one or more investors for the Frankfurt-Hahn Airport Group or its assets including real estate. The southwest German airport has, among other things, various operational properties and... more
Thomas Miller picks Angela Holder-Holdsworth
Thomas Miller, an international provider of market leading insurance services, has appointed Angela Holder-Holdsworth as internal audit director, taking over from Andrew Steet. Holder-Holdsworth is an accomplished auditor, bringing with her extensive knowledge in audit and... more
30 new trucks to augment fleet
A&F Haulage, a UK-based asphalt and aggregate specialist, has put ten new Volvo FM 8x4 tippers into operation, with a further 20 expected to follow in early 2022. The new arrivals join 54 existing Volvos in the company’s 104-strong fleet. The new trucks are a combination... more
Eurotranspharma: cool chains in Czechia
Mitters, a Brno (Czechia)-based last mile specialist for the temperature-regulated distribution of healthcare products in Czechia and Slovakia, is being taken over by the France-headquartered Eurotranspharma. Mitters is a long-time partner of the Walden Group. The... more
PIL: earlier USD 1 billion payback
Record freight rates continue to impact the high sea shipping industry. In Singapore, Pacific International Lines (PIL) has announced that PIL will be making an early repayment to creditors who were subject to the scheme of arrangement (scheme) which PIL entered into as part of... more
Dnata expands into Africa
Dnata has signed a concession agreement with the government of Zanzibar: Dnata will oversee the operations of Zanzibar Abeid Amani Karume Intl Airport's (ZNZ) newly-built international terminal (T3), with Segap supporting the Zanzibar Airports Authority (ZAA) in a management... more
Cheryl Davies LAX port director
US Customs and Border Protection (CBP) hosted a change of command ceremony to formally instate Cheryl Davies, formerly assistant port director, passenger operations, as port director for the Los Angeles International Airport (LAX). She will oversee Las Vegas McCarran... more