Liscont taken over by Yilport 
Terminal operator Eurogate has sold its shares in the Portuguese container terminal in Lisbon. The 16.34% will go to global port and terminal operator Yilport, which is domiciled in Turkey and now holds all shares in Liscont. The purchase price was not disclosed; according to... more
No short-term injection of long-haul cargo services
Cathay Pacific Cargo will continue to implement very substantial reductions to its long-haul capacity in the first quarter of 2022, on account of the latest aircrew quarantine measures imposed by the government of the Hong Kong SAR, decreed in view of rising cases of infection... more
Metrans expanding in the East
The German intermodal company Metrans, a subsidiary of HHLA, has taken over the firm CL Europort, and the logistics centre of the same name, in the Polish town of Małaszewicze. The centre is near the Belarusian border and is a key hub for freight traffic in Central and Eastern... more
Bolloré receives billion-euro offer from MSC
In December the Bolloré Group received an offer from the Geneva-based MSC Group to acquire its entire African logistics operations. The offer was submitted on the basis of a valuation (net of minority interests) of EUR 5.7 billion. Bolloré has granted MSC exclusivity until the... more
Strong start to 2022 – but clouds on the horizon
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 123.9 points (seasonally adjusted) to 125.3 points in November, according to the latest flash estimate. The index... more
80 years ago – first commercial flight around the world
80 years ago, a Boeing 314 Clipper completed the first commercial flight around the world. When the flying boat set off from San Francisco CA (USA) on 2 December 1941 for a scheduled flight to Auckland (New Zealand), there was no sign yet of the feat – in contrast to 1929’s the... more
Horse-drawn carriages to cargo drones
DB Schenker is celebrating its 150th anniversary in 2022. On 1 July 1872 Gottfried Schenker founded DB Schenker in Vienna in Austria. His approach – combine individual shipments in collective consignments – was an absolute game-changing innovation at the time. Building on this... more
Deputy directors for Swiss civil aviation and environment...
Switzerland’s environment, transport, energy and communications ministry has appointed Martin Schmid Ding as the deputy director of its federal office of civil aviation (Foca), and Paul Steffen as the deputy director of its federal office for the environment. Martin Schmid Ding... more
LF Logistics sold for USD 3.2 billion
Just before Christmas Copenhagen-based A.P. Moller-Maersk announced the acquisition of LF Logistics, a Hong Kong-based contract logistics company that specialises in omni-channel fulfilment services in the Asia-Pacific region. According to CEO Soren Skou the move represents... more
Barge service for Latin American exports
A new barge feeder service between the port of La Plata, close to Buenos Aires, and the port of Santa Fe, in the northeast of the country introduced by ICTSI’s Argentinian business unit creates a new and direct link to Brazil and Asia. International Container Terminal Services... more