No limits for DHL Group 
Deutsche Post DHL Group has again improved its figures, in Q3 of the current financial year 2021 as well. Revenues surged by 23.5% to reach the threshold of EUR 20.0 billion, while the group's operating profit (ebit) went up by 28.6% to EUR 1.8 billion. The ebit margin... more
Umco: Winter is coming
Umco has been providing compliance solutions for the global distribution of chemicals for almost 40 years. The company's safety health environment division, to which the dangerous goods team is also affiliated, has been given a new manager, Lars Winter. Most recently, Winter... more
Focus on leasing business
Suttons International is acquiring ISO tank containers, personnel and overseas customer contracts from VTG Tanktainer, including VTG's shares in the Brazilian JV Mission Line. VTG's stake in the Cosco VTG Tanktainer JV to serve the Chinese market is not included in the Suttons... more
Rushlift GSE wins global contract with Menzies
Rushlift GSE, the specialist airport ground support equipment subsidiary of Doosan Industrial Vehicles UK, has entered into a six-year global framework agreement with airport ground services company, Menzies Aviation, to supply GSE equipment. Under the arrangement, Rushlift... more
Hydrogen production site planned in Gothenburg
The Port of Gothenburg and the Norwegian energy company Statkraft have formed a coalition to construct a hydrogen production facility at the port, with operations due to commence in 2023. Initially, the facility will have a capacity of four MW, producing up to two tonnes of... more
Expeditors getting far
Global logistics company Expeditors, which is headquartered in Seattle/Washington, has reported its Q3/2021 financial results. Revenues jumped up by 84% to USD 4.3 billion compared to the same period in 2020 (USD 2.3 billion). Operating income increased by 94% to USD 490... more
Unipart chooses Ian Truesdale
Ian Truesdale has been appointed managing director of Unipart Logistics, the logistics and supply chain arm of Unipart Group, one of Britain’s largest independent companies in the sector. He succeeds Frank Burns, who has been named executive vice president, Unipart Group.... more
European road freight rates at record highs
The European road freight rate benchmark for Q3/2021 shows that prices have hit historic highs across Europe, driven by a mix of robust economic growth, global supply chain bottlenecks, rising costs and scarce capacity, the International Road Union (IRU) reports. The Q3/2021... more
ID Logistics US picks William Parramore
ID Logistics has named William Parramore as managing director of ID Logistics USA. He has 25 years of experience logistics and supply chain and holds an MBA in business/managerial economics from Paris Dauphine University. In 1996, Parramore joined Geodis and became vice... more
GlobalX inducts first A321 for cargo conversion
Global Crossing Airlines’ (“GlobalX”) first A321 passenger to freighter aircraft has entered the first phase of conversion at Hong Kong Engineering Company Limited (“Haeco”) in Lake City Florida. The aircraft will be inducted in January 2022 into the 321 Precision Conversions... more