Corona spares wagon hire business 
Despite the massive global fallout from the Covid-19 crisis, VTG Aktiengesellschaft ended the first half of the 2020 financial year with solid results. Both revenue and ebitda are roughly on a par with the previous year’s levels. At EUR 605.8 million, group revenue was... more
Maersk opens warehouse in Ivory Coast
Maersk’s new multipurpose facility for storage, deconsolidation and distribution is strategically located outside the city of Abidjan, around the industrial zone, with easy access to the port with options to bypass the city’s traffic congestion. The fully Maersk-operated... more
New board of directors for Ascent
Ascent Global Logistics has formed a new board of directors, which now includes independent directors Cordia Harrington, founder and CEO of The Bakery Cos., and Jim Van Leenan, former CEO of Flash Global Logistics and USPack Logistics. Additionally, Christopher L. Doerr has... more
Baltic Sea Bridge reaches first milestone
Since the end of March, Mukran Port Terminals has been operating, in cooperation with DBO Bahnoperator, a fixed sea link, flagged Baltic Sea Bridge, as part of the New Silk Road between Asia and Europe. With the Mukran port and industrial zone and the handling of short sea... more
Argentineans return
Today, 20 August 2020, Aerolíneas Argentinas resumes flights to New York after five months. The second flight scheduled since operations were temporarily suspended in mid-March will take off next Thursday, 27 August. Meanwhile, Aerolíneas Cargo, the freight arm of... more
A&R Logistics acquires L.T. Harnett
A&R Logistics, an American provider of supply chain services for the chemical industry, has taken over L.T. Harnett (LTH), which supplies bulk liquid transportation and logistics services to the chemical industry. Following A&R's acquisition of First Choice Logistics... more
Kerry Apex ranked number one NVOCC
Kerry Logistics has announced that Kerry Apex, its indirect wholly-owned subsidiary, was the number one non-vessel operating common carrier (NVOCC) from Asia to the USA from January through July 2020, supported by a well-positioned team in Southeast Asia to capture the export... more
Two networks strengthen their position in UK
UK-based Pall-Ex Group has acquired the Fortec Distribution Network. The network will carry on trading under the name of Fortec Distribution. It will therefore operate as a separate pallet network within the UK but be part of the overall Pall-Ex Group of companies. The two... more
Gruber countering the crisis 
South Tyrol’s Gruber Logistics – together with the entire transport industry – suffered a hefty collapse in spring. The crisis didn’t end its employee identification campaign and further development measures, however. more