Logwin continues well into Q3/2021 
In the first nine months of 2021, the revenues of the Grevenmacher (Luxemburg)-based Logwin Group rose by 53.2 % to EUR 1.26 billion (2020: EUR 822.9 million). The air + ocean business segment contributed the lion's share by an increase in revenues from EUR 574 million to... more
OCIMF picks Karen Davis
Karen Davis from US-based global oil and gas company Conoco Phillips will succeed Rob Drysdale as managing director of the Oil Companies Intl Marine Forum (OCIMF). Davis will join the organisation on a three-year secondment from December 2021. She is currently seconded to... more
MOL strong in H1/2021
In the first six months of its fiscal year 2021 (April to September 2021), MOL reported a surge in revenues by 18.7%, from JPY 485 billion (USD 4.24 billion) to JPY 597 billion (USD 5.22 billion). From a loss in the same period last year (JPY 4.2 billion/ USD 370 million),... more
Gefco electrified in Italy
Citroën has contracted Gefco as its logistics partner for a fully electric vehicle in Italy. The Citroën AMI is a lightweight quad that can be driven by 14-year-olds with an AM license. The agreement covers the transport, post-production operations and storage of the... more
Swiss carrier orders autonomous vehicles
Swiss company Planzer Paket is the first carrier in Europe to have ordered five self-driving electric vehicles from US start-up Udelv. In an initial phase, the autonomous vehicles are to be deployed as part of a pilot project on defined shuttle corridors in the larger Zurich... more
Re-connecting Australia to the world
Australia's national carrier Qantas is bringing forward the restart of its international flights by two weeks to today, 1 November 2021 after the federal and New South Wales governments confirmed borders will now reopen on that date. Qantas will operate up to five return... more
More funds for Beacon
The UK-based digital freight forwarder Beacon completed its second finance round in October. The company raised USD 50 million in a series B funding, with previous investors including Amazon founder Jeff Bezos. The cloud-based services provider pointed out that its business... more
ONE's first KCS service is on
Besides presenting its recent initiative – "operational excellence, customer service orientation, green strategy and the quality of employees" – during these turbulent times for the shipping industry, Ocean Network Express (ONE) is launching a new service. Its new... more
Road funding flows into waterways
The German federal ministry of transport and infrastructure (BMVI) is making additional funds available this year for replacement, repair and expansion projects on federal waterways, using capital that was left over from road construction projects. With an investment of EUR... more
Bayern-Shuttle wins German logistics prize 2021
DB Cargo is the first railway company ever to win the highest industry award with its "Bayern-Shuttle" transport solution for the steel industry. In a completely new freight cycle, steel is delivered by rail from voestalpine in Linz, Austria, to Bavaria and the Upper... more