WFS again bigger in Brussels
Worldwide Flight Services' (WFS) has invested EUR 100 million in new facilities at Brussels airport, earning the cargo-handler a new five-year contract with Air France KLM Martinair Cargo. The agreement commences this month and sees WFS provide handling solutions for around... more
Kaliningrad to become east-west gateway
Russian Railways RZD is set to develop a multimodal transport and logistics centre in the Kaliningrad exclave, to increase delivery speeds and reliability and reduce logistics costs for shippers.The export-import hub will see freight shipped both to and from Russia, as well as... more
Pall-Ex acquires Fortec
The Pall-Ex Group has acquired the Fortec Distribution network (FD) through a new subsidiary, the For-Ex Distribution Network. FD will continue to trade as Fortec Distribution and will operate as a separate pallet network in the UK, even once it becomes part of the Pall-Ex Group... more
Maritime arbitration - a centred business
London continues to dominate the market for international maritime arbitration, according to an analysis presented by the law firm HFW, accounting for more than 80% of all cases worldwide.London handled 1,737 maritime arbitrations in 2019 – up by 14% on the previous year – which... more
Cargologic Germany replaces managing director
Cargologic Germany has replaced managing director Johannes Jähn by Dierk Näther. The latter started his career at Leipzig airport, where he became managing director in 2008. After seven years in the post he moved to the Volga-Dnepr group, where he held an executive position in... more
City transports without emissions in Norway
DB Schenker is set to attain its goal of operating city logistics in the Norwegian capital Oslo without direct emissions, thanks to the integration of new Volvo FL electric trucks into the e-fleet of its Oslo city distribution hub.The introduction of this new type of vehicle has... more
North American main-deck providers post excellent results
Atlas Air Worldwide Holdings, which has the highest number of Boeing B747s in its fleet (53 units, 44 of which are freighters), has posted a net income of USD 78.9 million in Q2, (USD 86.9 million in Q2/2019). Its adjusted ebitda came to USD 247 million (USD 84.1 million in... more
Hapag-Lloyd weathers H1 well
The Hamburg-based carrier Hapag-Lloyd improved its financial result significantly in H1/2020, but lost volumes. While revenues rose by 2,5% to EUR 6.4 billion (EUR 6.2 billion in H1/2019), earnings before interest and taxes (ebit) surged by 14% to EUR 511 million, thereby... more
CDCI selects Agility Logistics Park in Abidjan
CDCI (Compagnie de Distribution de la Côte d'Ivoire), one of the Ivory Coast’s major retailers, has leased warehouse space in the Agility Logistics Park (ALP) in Abidjan for its new warehousing and distribution centre. CDCI, which runs supermarkets in Ivory Coast, will use... more
Successful apprentices at Acito Logistics
The southern German company Acito Logistics has seen three of its apprentices from the Weil am Rhein and Efringen-Kirchen branches complete their training with aplomb. Acito has offered all three of them a permanent job.David Bischoff successfully passed his exams to become an... more