More funds for Moldovan railways
The European bank for reconstruction and development (EBRD) is providing Moldova’s national railway operator Calea Ferata din Moldova with an additional EUR 23.5 million loan to upgrade key infrastructure. The new loan follows a EUR 110 million financial package. To date, twelve... more
Takeover and extension of Novara terminal
Combiconnect, a company belonging to the Swiss Hupac Group, will take over the operation of the Novara CIM terminal in Italy from 18 October 2021. The aim of the takeover is to further expand the terminal for the transfer of transalpine traffic. Today, Novara CIM serves more... more
US short line rail road earns Rail Ready Site status
Omnitrax is launching rail ready sites on Alabama and Tennessee River Railway (ATN) with support from local economic development partners. This initiative connects companies looking to maximise supply chain performance with rail-served properties conducive to industrial... more
Röhlig picks Nicolas Biard
Owner-managed logistics company Röhlig has appointed Nicolas Biard as managing director of Röhlig France. He succeeds Erick Achaintre, who had held this position since 2007. Biard began his career in 2006 at Röhlig Australia, where he worked for seven years, part of which as... more
CEP at CDG
CEP companies are increasing their footprint at Paris CDG, where DHL has made its largest investment (EUR 170 million) in Europe in recent years and its biggest ever in France since its arrival in 1976. Its new international hub covers 32,000 sqm - ten times larger than the... more
ECSA recruiting new management
After four years as secretary general of the ESCA, and in agreement with the ESCA board, Martin Dorsman has decided to seek other professional challenges, effective 1 October 2021. “We warmly thank Dorsman for leading the organisation during challenging times and... more
TIR slashes 80% off transit time
With the arrival of two trucks in Istanbul on Friday, 8 October, TIR transports were launched along the new Islamabad-Tehran-Istanbul (ITI) trade corridor. The trucks, operated by Pakistan-based NLC and carrying textiles and tyres for export, have demonstrated transit time... more
Sing Post expands in Australia
Singapore Post (Sing Post) is increasing its existing shareholding in Freight Management Holdings (FMH), Victoria, Australia, from 38%, acquired in 2020, to 51%. With this move, the company with its three divisions - fourth-party logistics (4PL), technology, and transport... more
Valenciaport: the costs of maritime transport
The Port of Valencia measures the evolution of container transport costs by sea on a regular basis, establishing the containerised freight index (VCFI). In September, the indicator grew by 1.26% to almost 3,558 points, a growth of 255.79% since the beginning of the series in... more
Contract extension in Ireland
Lufthansa has extended its cargo handling contract with Worldwide Flight Services (WFS) in Ireland. The airline was one of WFS' national launch customers in 2005 and its operations are supported by stations in Dublin, Cork and Shannon. Lufthansa operates four daily flights... more