VCFI reports stabilised growth 
The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the port of Valencia (Spain), closed the year with a 4.14% increase in December compared to November. This rise continues the trend of the last... more
An update at Tecon Santos in Brazil
T2S has installed a new terminal operating system (TOS) to control all cargo movements at Tecon Santos, one of Latin America's major container terminals. The South Korean company Cyber Logitec, which provides the Opus Terminal operating system, cooperated with T2S in its... more
Chep picks Alejandro Tostado
Chep, the supply chain solutions company, has appointed Alejandro Tostado as sustainability & government affairs manager for Chep Europe. Effective from 1 January, Tostado will report to Juan Jose Freijo, Brambles global head of sustainability. In his new position, he... more
Private equity fund creates European logistics player
Axcel, a Scandinavian private equity fund, is purchasing the companies Carousel and Danx from the founders and former investors to create a pan-European logistics network for critical logistics services. The partners in the new group, with an annual turnover of around EUR 190... more
New business unit to push digitisation
ZF, Germany, has launched its "commercial vehicle solutions" division (CVS). The new business unit combines ZF's expertise in the commercial vehicles sector. Its aim is to drive the development of solutions for safe, sustainable and digitised transport forward, the... more
Autonomous cargo carrier from Silicon Valley
Reliable Robotics has appointed David DeRose as director of finance and Lee Tomlinson as director of operations (from the right) to the company’s fully-owned Part 135 airline subsidiary, in preparation for commercial cargo flights. They join Jeff Drees, director of cargo... more
Air Canada Cargo augments freighter schedule
On 2 January 2022, Air Canada freighters began their service to Miami, Quito and Lima. Starting 15 January, further flights will be launched to San Juan, Mexico City and Guadalajara. This new schedule replaces the previous routing between Frankfurt, Toronto and Vancouver.... more
Denis Petropoulos succeeds Lord Mountevans
Baltic Exchange chairman Denis Petropoulos will succeed Lord Mountevans as chair of the LISW23 board of advisors, while John Hulmes, chair of Mersey Maritime, will assume a third term as chair of the LISW23 steering group. Sean Moloney, director of Shipping Innovation, said... more
A drop in times of overflow?
The Chicago-based maritime intelligence provider Project 44 recently analysed the latest developments in ocean shipping and gave its outlook for 2022. Despite a steady decline in teu capacity occurring during H1/2021, port conditions deteriorated. In December, though, port... more
Circular Haven in Antwerp in the making
The first two concessionaires are breathing life into the Next Gen District in the Port of Antwerp. The commitment of Triple Helix and Bolder Industries is the first step towards the creation of a future hotspot for the circular economy. The partners hope to attract a cluster of... more