Singapore engages in Australian logistics
GIC, Singapore’s sovereign wealth fund, increased its stake in ESR Australia Logistics Partnership (EALP) to 80%. ESR Australia will continue to hold a 20% interest in the partnership. The selldown of EALP's remaining 35% is in line with the strategy outlined at the time EALP... more
Lithuanian and Polish carrier to found a JV
The Lithuanian railways LTG Carbo and Polish carrier PKP Cargo have signed an agreement on the establishment of a JV to provide intermodal freight services. The new company is scheduled to launch its operations in Q1/2021. The JV will primarily engage in intermodal... more
Hapag-Lloyd's hybrid prototype is on
The conversion of the 15,000 teu Hapag-Lloyd ship “Sajir” is currently underway in the Huarun Dadong dockyard in Shanghai. The major part, a LNG tank weighing 1,300 t, was recently hoisted into the ship and will be welded to the hold in the weeks ahead. At the same time, the... more
Swiss rail sector retains diversity
The Swiss federal council has decided to maintain the existing organisation of the railway infrastructure, which will thus be operated by several companies as hitherto. The concessions for the two largest infrastructure operators SBB and BLS will be renewed. Wherever it... more
UPS to upgrade MCI capacities
The UPS air gateway at Kansas City International Airport (MCI) is expanding the ramp from two aircraft parking spots to five. The new ramp will be 49,600 sqm, more than nine football fields in size. Construction is planned to begin late this month with completion in the fall of... more
"Curiosity of the Day"
Five countries celebrate their national day today, 1 October – China, Nigeria, Palau, Tuvalu and Cyprus. Only 15 September can equal this number – Costa Rica, Nicaragua, Honduras, Guatemala and El Salvador celebrate their national days then. more
New ICTS Group country manager for Belgium
From today, 1 October 2020, Peter Andries (left) joins the ICTS Group as country manager for Belgium. After obtaining his degree in applied sciences in Leuven, Andries gained extensive leasing experience at De Lage Landen (Rabo Bank) and financial knowledge at GE Capital... more
Craiss wins automotive customer in Kornwestheim
Albert Craiss is joining the supply chain of a well-known German automobile manufacturer. The logistics expert from Mühlacker, Germany has been responsible for storing and order picking car body parts in Kornwestheim since August. After a four-week induction period and a... more
Warehouse for SME and consumers
Today, DSV is opening its first self-storage building in Copenhagen as part of the company’s growing engagement in the BtC self-storage market. Aimed at consumers and small businesses, Smarter Storage, the Danish company’s self-storage concept will be operated and marketed... more
Antwerp looks for concessionaire
Despite the global pressure on the breakbulk trade, the port of Antwerp plans to push this segment. The Churchill Dock, located in the middle of the Belgian port, is set to become a fully-fledged ‘breakbulk dock’. On the south side of this dock, a water-linked concession is... more