Danica strengthens position in the Baltics
Danica Crewing Specialists has opened a new office in Riga, Latvia – giving access to a large and growing pool of highly competent officers from the Baltic countries. Danica managing director Henrik Jensen said: “These countries boast large pools of highly competent and very... more
Green light for TransANT
ÖBB Rail Cargo Group and voestalpine have signed a 50:50 joint venture and paved the way for the implementation of their co-created platform concept TransANT. This innovative, lightweight wagon designed by the two firms sets new standards in the rail logistics industry, the... more
"Flying-V" celebrates successful maiden flight
The 3 m wide and 22.5 kg heavy scale model of the "Flying-V" has flown for the first time. A year and a half ago TU Delft and KLM announced the start of the design of this aircraft of the future and after extensive wind tunnel tests and ground tests it was finally... more
Railway orders another 50 e-trucks
Canadian National Railway (CN) and Lion Electric have signed a memorandum of understanding for CN to acquire 50 zero-emission trucks to add to its vehicle fleet. The trucks will be used in the railway company's intermodal terminals in urban areas to reduce greenhouse gas... more
Fedex Logistics opens FTZ facility in El Paso
Fedex Logistics has launched another foreign trade zone (FTZ) location in El Paso, Texas, USA, the latest site to be opened by the company in addition to existing locations in Los Angeles, New York, Dallas and Chicago. These facilities enable importers and exporters shipping... more
Hubtex integrates Australian business
German forklift manufacturer Hubtex is integrating former licensee Hubtex Australia into the company and turning it into a subsidiary. Hubtex Australia (then called "Parry Forklifts") was founded in 1995 by Bill Parry and has been trading under its current name since... more
IMO: much is done, but more to achieve
In its fourth greenhouse study, the International Maritime Organisation (IMO) states that in the period between 2008 and 2018, maritime trade grew by 40% and the absolute emissions of greenhouse gases decreased by around 5%. This decoupling was due to the significant... more
New normal in the Port of Montreal
Two weeks after the announcement of the truce agreement reached on 20 August between the Longshoremen's Union and the Maritime Employers Association (AEM), the work in the port is back to normal. The delay accumulated by the work stoppage should be absorbed in about two... more
Tiaca: global air cargo keeps on improving
Heavily hit at the beginning of the coronavirus crisis, the global air cargo industry is continuing its gradual route to recovery to pre-Covid market conditions for a fourth-consecutive month. This is the outcome of two "Economics4Cargo" webinars Tiaca held last... more
Tamworth Intermodal on track for delivery
A major upgrade of the Tamworth Intermodal rail line is on target for delivery with the NSW Australian government announcing AUD 28 million (EUR 17.3 million) to support regional NSW’s freight sector, creating hundreds of regional jobs. This funding will restore and raise... more