Money from Logista 
At their recent general meeting, the shareholders of Madrid-based Logista, a specialist for proximity distribution services in southern Europe, approved the distribution of a dividend of EUR 164 million, up 5.1% compared to the previous year. This dividend represents the... more
UAV Latam banks on drones
German drone delivery pioneer Wingcopter is partnering with UAV Latam, a Latin American holding with over ten years of experience in the unmanned aerial vehicle space (UAV) and offices in seven countries. Through this alliance, Wingcopter will work with UAV del Peru, a... more
Latin American location for Leschaco
In February 2022, the Transantartic S.A.C. (TPL), a freight forwarding company based in Lima, Peru, was taken over by the German logistics group Leschaco (Lexzau, Scharbau). The Peruvian player had been a part of the Leschaco Group's agent network for more than ten years.... more
Hungary: first e-trucks now in service
Waberer’s has added Hungary's first series-produced electric trucks to its fleet. The two purely electric Renault trucks will be deployed for commercial freight services and distribution tasks within the cities. The haulier has already taken a number of steps in recent years... more
Dachser expands its team in Sweden
Dachser Sweden has appointed three new executives: Björn Josefsson (left) joins the company as branch manager in Gothenburg. He has more than 20 years of experience in the logistics and transport industry and was most recently branch manager for Bring in Gothenburg.... more
Short line rail network adds 210 km
US short line railroads operator R. J. Corman has purchased two railroad branches from Norfolk Southern, creating a new company to be called Knoxville and Cumberland Gap Railroad (KXCG). KXCG will have interchange cars in Norfolk Southern’s Sevier Yard. This acquisition will... more
Physical and digital expansions in Frankfurt
Lufthansa Cargo is expecting the first of two converted A321F (28 t payload) in Frankfurt. Last weekend, the aircraft was flown from Singapore to Munich, where the technical transfer to Lufthansa Cityline will take place. Air Canada Cargo has increased handling capacity at... more
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more
ONE's volumes on the rise
The Japanese carrier Ocean Network Express, which is headquartered in Singapore, forecasts strong results for 2021. In Q3/2021, ONE's profit increased to USD 4.9 billion compared to the same period last year (+USD 3.945 million) mainly due to the rise in the spot freight market.... more