US patent for routing forecast tool
Athens & London-based Signal Group's forecasting algorithm "Carrier path prediction based on dynamic input data", has been awarded a US patent. The software tool is based on artificial-intelligence (AI). The algorithm, which has drawn inspiration from the field... more
Lift trailers easily
Most brilliant ideas are simple. The German rail logistician VTG, for example, has developed a solution, together with the logistics provider Vega International, which makes non-craneable semi-trailers craneable (see also ITJ Daily of 10 February 2021). VTG Rail Europe’s Marc... more
London gateway hub to be storage facility
Swain Group in UK will have access to DP World’s London Gateway freight and logistics hub from now on. Under a recently signed three years contract, the British haulier will use the quayside site for the temporary storage of imported construction materials such as stone and... more
Two intermodal lanes launched
Cargobeamer is expanding its route network. As from June 2021, the Leipzig (Germany)-based logistics service provider will add new intermodal rail services between Duisburg (Germany) and Poznan (Poland) and between Calais and Perpignan (France). Three roundtrips per week are... more
A large-scale global marriage
Scan Global Logistics (SGL) and Trans Group are closing ranks and combining their operations under one brand, Scan Global Logistics. The decision concerning the merger of the American Trans Group and the SGL Group, which were sold jointly to the US private equity firm AEA... more
Tanger Med's TC3 exploits full capacity
Tanger Alliance at the TC3 terminal in Tanger Med in Morocco has enhanced its equipment. The terminal has just received the final two of eight Liebherr ship to shore container cranes. They entered service in April 2021 and bring the operational capacity of the new terminal -... more
President of Fedex Trade Networks
Patrick Moebel is the new president of Fedex Trade Networks, an air and ocean freight forwarder, customs brokerage provider, e-commerce specialist and trade services facilitator under Fedex Logistics. He is responsible for “the performance and strategic director of the company,... more
The first of three new destinations from today
Two months after its first air freight services were launched, CMA CGM Air Cargo, the air freight division of CMA CGM Group, is now introducing regular connections between Liège and Dubai (DWC) from today, 19 May 2021. With its services to Dubai, a hub ideally located at the... more
Singaporean acquisition Down Under
ESR has completed the acquisition of 10% of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore for AUD 60.5 million (SGD 62.4 million / USD 46.6 million). This acquisition in Australia marks ESR’s first overseas... more
Smartlynx to provide widebody cargo capacity
Smartlynx Airlines Malta, an EU-based specialist in full-service ACMI aircraft leasing solutions, has extended its Airbus fleet. Currently operating an A320 and A321, the carrier has now added the A330 type as well. Five A330 will be modified to Zero LOPA by removing... more