CN outbids CPR 
Canadian National Railways (CN) has made a superior proposal to combine with Kansas City Southern (KCS). With USD 325 per KCS share, the bid represents a 21% premium over the implied value of Canadian National Railways' (CP) transaction and rates KCS at an enterprise value of US... more
Healthcare partner for Fiege
Fiege took over the handling of e-commerce logistics for the healthcare retailer recusana at the beginning of April this year. Recusana is an affiliate of the McKesson Corporation, specialises in material for wound care and delivers dressings, hygiene supplies and skincare... more
Port of Savannah reaches threshold
The Port of Savannah (Georgia Ports Authority) on the US East coast handled almost half a million teu in March. This represents an increase of more than 48%, or 162,000 teu, compared to the same month in 2020, an all-time record. Counting the 498,000 teu moved in March, GPA... more
New certificate and renewed contract
Havaş has extended its ground handling agreement with Qatar Airways Cargo for cargo and warehouse services for another five years. Under the agreement, Havaş will continue to provide cargo and warehouse services at Istanbul, Ankara, Izmir and Antalya airports to the Gulf... more
More rail connections in Norway
Freja in Alesund (Norway) is expanding its network with new options for railfreight. On 25 April, the transport company will launch a daily train connection on the Rauma rail line between Andalsnes and Oslo. The multimodal operator, headquartered in Denmark, opened its... more
From DP World to Gruber Logistics
As an advisory board member, Martin Neese is supporting Italian logistics service provider Gruber Logistics in implementing its strategic plans, particularly for the FTL business unit. Special attention is being paid to intermodal transport. The manager brings with him... more
Across all regions
After creating the position of key account manager for big customers (users) with a focus on retail, manufacturing and logistics services providers last year, German consultancy Logivest now wants to extend this service to owners and lessors of logistics real estate and is... more
Etihad Cargo now on Wisetech booking platform
Already accounting for 50% of its total bookings, Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has advanced its international digital booking reach through a new partnership with Wisetech Global, a provider of cloud-based software solutions for the... more
Big money for ESR
Asia Pacific focused logistics real estate platform ESR Cayman has just entered into a new agreement for a USD 400 million unsecured term loan facility. It consists of a three-year tranche of USD 267 million at Libor plus 2.75% and a five-year tranche of USD 133 million at Libor... more
Luka Koper orders more cranes
Luka Koper recently inked a contract for the supply of two shore-to-ship cranes which will be installed in the new, extended part of the Container Terminal in the Adriatic port. Consignation and installation are anticipated in the last quarter of 2022. The technical... more