An exceptional year for Cargolux
With 1.1 million t of freight sold in 2020 (+9.7% yoy), the year of its 50th anniversary proved to be exceptional for the Cargolux Group. The airline earned a net profit after tax of USD 768.7 million (2019: USD 20 million) with an ebit margin of 31.3%. With a flexible fleet of... more
What Cargo Digital World has to offer
At a recent press conference, European general cargo cooperation Cargo Line presented Cargo Digital World (CDW), a company which was founded in Paderborn in January 2021. CDW’s aim is to offer technology-based logistics solutions in cooperation with logistics start-ups. ... more
A 13.3% decline
The value of goods traded on overland routes between the USA and its two neighbours fell to just over USD 1 trillion. All of the modes of transport assessed by the Bureau of Transportation Statistics were affected by the developments. more
Q1/2021 in NWAC ports exceptionally strong
Maritime consultant Sea-Intelligence from Copenhagen has analysed volume developments in North America’s largest ports on the West Coast in Q1/2021. All growth rates were exceptionally strong in comparison to the same period last year. Laden imports, empty exports, and total... more
60% of fleet to be electrified by 2030
DHL Express has purchased the first 100 units of Fiat's new E-Ducato. These large vans are 100% electric, and, with a range of more than 200 km, they are very well suited for last mile logistics. DHL Express plans to have more than 14,000 electric vans in operation in Europe... more
Agility becomes DSV Panalpina
After acquiring the Inkas Group of companies in 2021, UTI Worldwide in 2015 and Switzerland-based Panalpina in 2018, Danish transport and logistics company DSV is taking over Agility Global Integrated Logistics (GIL). The transaction is valued at USD 4.2 billion (DKK 26... more
Sleiman to lead Bolloré Logistics in Lebanon
Bolloré Logistics has appointed Mounir Sleiman as its managing director for Lebanon. He joined the group’s corporate internal audit team eight years ago and became chief financial officer for Lebanon four years later. Philippe Lortal, CEO – Middle East & South Asia:... more
"Finneco I" launched
The hybrid ro-ro vessel “Finneco I” has just been launched at the Nanjing Jinling Shipyard. The first new Finnlines’ unit of this generation, which have 38% more cargo capacity than their predecessors, will start sailing under the Finnish flag by the end of this year. This is a... more
30,700 trucks shift to rail
Steel producer SSAB and Swedish state-owned railway Green Cargo are extending their partnership which comprises shipments of some 700,000 t of finished goods each year. Under the three-year contract, Green Cargo will transport steel coil and cut lengths of sheet steel from... more
Air Canada and WFS against Covid-19
Worldwide Flight Services (WFS) and Air Canada are working closely with the Canadian government to transport vial caps for doses of the Covid-19 vaccine to support the country’s immunisation programme. Since December 2020, thousands of innovative plastic "RayDyLyo vial... more