Finnlines sailing in the black
The Finnlines Group reported its financial results for the year 2020, which were commented by Emanuele Grimaldi, president and CEO. The pandemic left its mark. The group’s turnover was down by 16% to EUR 484.0 (EUR 574.8 million) compared to 2019, while ebitda was EUR 140.8... more
Scania gains new CEO
The board of directors of Scania has appointed Christian Levin as new CEO and president. He succeeds Henrik Henriksson, who is leaving Scania after 23 years and after more than five years as its CEO and president, and as Traton executive board member, to join a new venture, H2... more
Avia Solutions Group member supports DHL Express
The Acmi and charter operator SmartLynx Malta, a family member of Avia Solutions Group, an aerospace business group from Central & Eastern Europe, and DHL Express have signed a partnership agreement for the introduction of two newly converted A321-200 freighters joining... more
Two family-owned Canadian hauliers merge
Canada-based Seaboard Transportation Group intends to acquire Armour Transportation Systems. Armour is one of Canada’s leading transportation specialists with over 2,000 employees, 24 terminals and more than 4,000 pieces of equipment. Also family run, the Seaboard Transport... more
Transcargo to become cargo-partner
With the signing of the contract on 16 February 2021, cargo-partner has taken over the Dutch company Transcargo. The financial details were not disclosed. The Austrians began their partnership with the Dutch company in May 2020 with an office and warehouse in Roermond, the... more
Rail prevails at Port of Hamburg
The Port of Hamburg presented its results of the year 2020 at a virtual press conference recently. Despite an upward trend since Q3/2020, total volumes in 2020 amounted to 126.3 million t, 7.6% less than in 2019. Container handling was in the same range with a decline of 7.9% to... more
Time-critical project cargo from Egypt to China
Deugro recently delivered a time critical project cargo for a liquefied natural gas (LNG) plant, comprising a volume of 810 cbm and a total weight of 209 t, on schedule, even though cargo measurements were provided at the last minute. Deugro Hanau, Deugro Air Chartering in... more
"Curiosity of the Day"
The word “alcohol” derives from the word for a powder that was used to dye eyelids black. The Arabic term first meant “fine powder” and later “essence.” more
Semi-trailer for fine wood panels
Swiss timber haulier Toma Holz in Buttisholz has added a Renault Trucks T520 T6x2 with the Berliet Edition equipment to its fleet. The tractor unit of the semi-trailer is powered by a 13-litre engine with 520 hp, which has a maximum torque of 2550 Nm. The owner-managed... more
Narrow Aisle across the Atlantic
Narrow Aisle, a manufacturer of space-saving intralogistics solutions located in Great Britain, is further investing in the USA and Canada. From its current hub in Dallas, Texas, the company has been developing its American business for the Flexi range of articulated warehouse... more