K+N shares Apex 
Expansion at any price is not Kuehne + Nagel's business model. The freight forwarding group, which most recently invested CHF 1.1 billion in the purchase of Apex in Asia (financed by the group's own funds and approximately 750,000 new Kuehne + Nagel shares issued out of... more
MSC continues collecting
According to Clarksons, the Mediterranean Shipping Company (MSC) expects the shipping boom to continue and has therefore acquired another five container vessels from different carriers, after having added around 60 second-hand units to its fleet in the course of the last twelve... more
"Ocean market specialists” for Seko Logistics
Seko Logistics has appointed Craig Grossgart as senior VP of global ocean product and Lisa Johnstone as director of ocean product, in line with its services’ growth strategy. Based in Houston, Texas, Grossgart will report to Terry Unrein, CCO, USA, and Johnstone to Grossgart.... more
Smart solution for railfreight
The German leasing company VTG is equipping container wagons and double pocket wagons with the SWS PowerBox and thus expanding its range for the transport of temperature-controlled goods by rail. The system enables an autonomous and eco-friendly power supply for cooling or... more
New in Minneapolis and back in Southern Europe
Air Canada Cargo is now served at Minneapolis/St. Paul (MSP) by Land Air Express, a full service expedited carrier serving customers with a fleet of over 300 vehicles in the USA and Canada. The Canadian carrier also announced that it is returning with a direct, widebody... more
Flexport strengthens management team
Flexport, a provider of a digital platform for managing global logistics processes, has appointed Stefan Böhler as its new general manager in Germany, effective 1 August 2021. This hire is in keeping with the company’s growth strategy in Germany, which has expanded its service... more
Gefco is definitely for sale
Reuters brings it to light: the news agency reports that vehicle transport group Gefco has been put up for sale by its majority owners, the Russian Railways RZD and car manufacturer Stellantis, which became the umbrella organisation of Groupe PSA and Fiat Chrysler Automobiles in... more
Short sea Adria-Turkey service launched
Effective from 7 July 2021, CMA CGM is launching a new short-sea service, connecting three Turkish ports with weekly calls to the Adriatic Port of Koper. Besides competitive short transit times, the TMX3 (Turkey Med Express 3) is the eco-friendlier alternative to truck transport... more
Another hub for Poste Italiane
Poste Italiane has inaugurated a logistics centre in Landriano, Lombardy (Italy). The parcel and sorting hub is part of an investment of EUR 60 million to strengthen the player's e-commerc capabilities, amongst others. The facility covers 40,000 sqm of indoor space and can... more