Big investment in all-electric urban trucks 
DB Schenker has placed an pre-order for nearly 1,500 full-electric Volta Zero vehicles. It is the most significant order for large zero-emission trucks in Europe to date, the logistics company said. DB Schenker plans to use the first prototype of Volta Zero Trucks in real... more
Silk Way West Airlines bonds released
Silk Way West Airlines, the largest airline in the Caspian region, has announced its first-ever bond issuance. Given that the company's main operations and revenues are in foreign currency, as well as the potential impact of the coronavirus pandemic on future indicators, it was... more
Evergreen pumps up volume
Taiwan-headquartered Evergreen Marine has ordered two new ultra large container ships of 24,000 teu. The container units will be built by China's Jiangnan Shipyard. The investment is valued at USD 320 million. Delivery dates have not made public so far. A 24,000 teu pair of... more
DHL picks Saul Resnick
Current chief executive officer DHL Supply Chain UK & Ireland, José F. Nava is moving to a new global role as head of next generation services programme, DHL Supply Chain. He will be replaced by Saul Resnick, currently chief executive officer DHL Supply Chain Australia &... more
Joining forces for digital trade corridor
Crimson Logic, headquartered in Singapore, has signed a MOU with the Kazakhstan logistics operator KTZ Express and IT partner Digital Silk Way (DSW) to establish a digital trade corridor. The initiative will serve the trans-Caspian international transport route, which starts... more
Transferring an entire location
Shipper Luminator Technology Group has commissioned Harder Logistics to relocate its development and production site to Neu-Ulm, a distance of 12 km. Luminator Technology Group is an international manufacturer of digital information systems, video surveillance systems and... more
Urs Schwaller hands over to Christian Levrat
Christian Levrat will take over as chairman of the board of Swiss Post from the outgoing chairman Urs Schwaller on 1 December 2021. Levrat is a lawyer and political scientist. Throughout his career, he has been an advocate of a strong public service. He was a member of the... more
AGI expands handling capacity at PIT
Alliance Ground International (AGI) is expanding its operations at Pittsburgh International Airport (PIT), Pennsylvania, USA, with new ramp and warehouse operations from December 2021. AGI is recruiting up to 40 new members of staff to operate services through a 2,323 sqm... more
Conforama up into the clouds
French Retail Group Conforama is currently restructuring its supply chain organisation. The project includes all the company's transport operations (TMS) and its three warehouses (WMS), one in Poland and two in France. Conforama's major platform is located in Tournan-en-Brie... more
A closer look at financial highlights
It is well known that carriers are currently experiencing a boom with sky-rocketing financial results. The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the financial and volume performances of the major carriers in Q3/2021. Due to record-high freight... more