Road haulage capacity rises – prices fall
In November 2020, road haulage capacity rose significantly by 16.8% compared to the previous month. The index of European spot market availability now stands at 102.8 points. However, compared to November 2019, there is currently considerably less available capacity on the... more
Young international freight forwarder of the year
On 10 December 2020, the International Federation of Freight Forwarders Associations (Fiata) and TT Club announced the 2020 winner of the young international freight forwarder of the year award (YIFFYA). This year’s laureate is Umair Aamir Sheikh (Piffa) (photo). He joined... more
Third cargo service to Pakistan
Virgin Atlantic Cargo sets Pakistan on the top of its network this week. Flights between London Heathrow (LHR) and Lahore started on 7 December 2020, the service from Manchester to Islamabad yesterday, and LHR to Islamabad operations are scheduled to start tomorrow, 12 December.... more
MGI and Soget unite
French companies Soget and MGI are creating the new entity GIE France PCS. This joint initiative aims to respond to the government's recommendations to forge a national organisation in the service of logistics fluidity and cybersecurity and anticipate the implementation of the... more
More hinterland connections for western ports
Effective 13 December 2020, TFG Transfracht, a specialist for seaport and hinterland transport services, will integrate Antwerp’s Westport as the sixth port into its network and also augment its portfolio by adding new connections to and from Rotterdam. This will enable TFG... more
Baltic Exchange assists investors
The Baltic Exchange, one of London's oldest institutions and an affiliate of Singapore Exchange (SGXL.SI), has launched a new service for shipping investors that provides a snapshot five-year view of the financial prospects for dry bulk carriers. The Baltic Exchange Investor... more
SAS Cargo picks CEO
Max Knagge (photo), SAS head of sales for the US market, has been appointed CEO of SAS Cargo, the cargo and logistics branch of Scandinavian Airlines. He succeeds Leif Rasmussen, who is to retire from this position after 38 years of service. The transition period starts... more
Joint action for safety at sea
Prevention at Sea (PaS) and KPMG in Cyprus have signed a memorandum of understanding (MoU) with the aim to jointly design, develop and promote services and products that reduce safety risks to the maritime industry and ensure a safe business environment. The MoU was signed... more
First French B737-800 freighter
In time for Christmas, ASL Airlines France has put the first B737-800 freighter into operation. The passenger aircraft formerly operated by Pegasus Airlines and Ryanair was refitted by Boeing partner Staeco in China and delivered to Paris via Yekaterinburg (Russia) and Vilnius... more
ITG opens new facility
ITG Air & Sea, a German fulfilment service provider specialising in fashion & lifestyle, has opened a new e-commerce location in Oberhausen, Germany. Due to the strong growth at the Neuss location and the acquisition of new customers, the company has decided to rent... more