Supervisory board now complete 

On the recommendation of the supervisory board, the shareholders’ AGM has appointed Nynke Dalstra as Port of Rotterdam Authority supervisory board member effective as of 15 December 2020. Dalstra brings with her a great deal of experience in finance and business... more
Stadler wins contract in Uruguay 

Swiss manufacturer Stadler has signed an agreement with freight company Portren to supply seven EURO4001 diesel-electric locomotives for the freight railway. It is Stadler’s first contract in Uruguay. Deliveries are expected to start by the end of 2022. The locomotives will... more
Lack of containers is complex, says Drewry 

The maritime consultancy Drewry reports that container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, the analysis shows that this is being driven by empty container... more
A unicorn was born - to expand 

Two months before the end of the year, Austria-headquartered Cargo-partner exceeded the mark of EUR 1 billion in annual billing for the first time in its existence. The company is thus well on the way to achieving its target of EUR 2 billion in sales by 2025. Although... more
Crossing the globe 

Global Crossing Airlines estimates the delivery of its first A321F, as part of the Vallair LOI announced 20 October 2020, will be June 2021. In addition to this freighter, GlobalX is close to finalising the leases for its first two previously announced passenger aircraft... more
Roger to lead Gefco in Morocco 

The Moroccan subsidiary of the Gefco Group, a global player in the industrial supply chain and a major provider of automotive logistics in Europe, has appointed Sébastien Roger to oversee its growth strategy, which is currently in full swing. After beginning his career at... more
MSC carries on both shoulders 

Recently, Alphaliner pointed out that MSC is currently investing heavily in used vessels instead of newbuilds. In its race with Maersk over the title of the biggest global carrier, MSC has spent over a quarter of a billion dollars on second-hand container vessels. Based on... more
CN adds hub to tri-coastal network 

Canadian National Railways (CN) is launching a new inland distribution terminal in New Richmond, WI, USA. The multipurpose facility will include an automotive compound for finished vehicles, and an intermodal terminal to serve intermodal shippers and receivers in the... more
Two more joint ventures in Africa 

In Africa, new joint ventures in Egypt and Ethiopia have been concluded involving a major European player. In Egypt, IBA Freight Services, headquartered in Cairo close to the city’s international airport, has sold a majority stake to Ceva Logistics, its partner company for the... more
"Curiosity of the Day" 
Of the 781,000 babies that were born in Germany in 2019, around 29,000 were multiples. Therefore, every 27th new born baby was a multiple. more