Big money for Paycargo 
Freight payment platform Paycargo has found more investors. A USD 125 million Series B investment was secured by global venture capital and private equity firm Insight Partners. The freight payments network currently counts 67,000 active users remitting and receiving... more
DP World invests in Canada
The Port of Saint John's in Newfoundland, Canada will benefit from a USD 250 million investment. Operator DP World’s plans include a consolidation of the Rodney and Navy Island terminals with a longer pier, a terminal upgrade and a deeper shipping channel. The modernisation... more
Cargo iQ: new board members to continue strategy
Cargo iQ, a cross-stakeholder supply chain quality management organisation, recently appointed two new board members, Fedor Nokikov (photo) as marketing director at Volga-Dnepr Group and Clark Fritzsch as global head of business process management at Hellmann. It also re-elected... more
New nonstop connections for Alaska
Alaska Air Cargo is increasing its year-round nonstop service to Anchorage (ANC) – adding routes to Chicago and Las Vegas, and expanding services to Phoenix and Maui from seasonal to year-round. Three new cities will also get summer-season nonstop routes: Denver, starting today,... more
New partnership for zero emissions
The European Commission and the Waterborne Technology Platform have inked a memorandum of understanding (MoU) for a co-programmed partnership within the Horizon Europe framework. The partnership will provide and demonstrate zero-emission solutions for all main ship types and... more
CNH Industrial finds CEO for On-Highway
CNH Industrial has named Gerrit Marx as the designated CEO of its On-Highway business, which is soon to be spun-off. Independent operations are set to start in early 2022, with Marx at their head. On-Highway will include the brands Iveco for heavy, medium and light... more
"Curiosity of the Day" 
Alcohol has a similar effect on bees as it does on humans, as the structure of the nervous systems is similar. Researchers use bees to study the long-term effects of alcoholism in humans. more
The art of logistics
At its Somaglia site in Italy, Ceva Logistics turned a logistics park into an open-air, urban art gallery. As part of the Prologis Parklife initiative, eight internationally Italian urban artists used 40,000 sqm of building facades and water tanks as canvases to create works of... more
Railroad association honours rail hubs
Terminals operated by Total Distribution Services (TDSI), a CSX subsidiary, received the Association of American Railroads (AAR) Terminal of the Year Award in both the origin and destination categories. The award winners are chosen based on the results of audits at about 180... more
Fast track to Zimbabwe
DP World Maputo has dispatched the first dedicated container train connecting Maputo (Mozambique) and Harare (Zimbabwe). The new service will not only enhance DP World Maputo’s position as a gateway to Zimbabwe, but also improve transit times within Zimbabwe. In the past,... more