Take-overs expand network to 21,000 km
Canadian Pacific (CP) has completed the acquisition of the Central Maine & Quebec Railway US (CMQ US). Together with the earlier take-over of Central Maine & Quebec Railway Canada (CMQ Canada), this completes CP's purchase of the entire CMQ network. CMQ US and CMQ... more
Two traditions merging in Basel
An acquisition in Switzerland: The Basel-headquartered Nauta, a freight forwarding and logistics company founded in 1947, has acquired the company Bonatrans, founded in 1977. Marino Ballo, managing director and owner of Bonatrans, will stay on board in supporting the... more
Criminals can't wait for restart of professional sport
While the professional sports leagues NBA and NHL in North America are working on concepts for resuming their playing seasons that were interrupted in March, smugglers are trying to benefit from the fans’ joyful anticipation. At two airports, US customs and border control... more
Australia's Port of Newcastle bolsters executive team
Senior Australian infrastructure managers Glenn Thornton and Paul Brown will join Port of Newcastle’s (PON) executive team on 9 June as the organisation enters a major growth phase. Thornton – who comes to the port from global engineering professional services consulting... more
Hyperloop project Zeleros raises EUR 7 million
Zeleros Hyperloop has completed a financing round worth more than EUR 7 million. The company starts a new and important phase in the development of its version of hyperloop, the “fifth mode of transport” and an alternative for the future to provide efficient and sustainable... more
Astre forges ahead on Iberian Peninsula
Astre’s Spanish branch continues broaden its footprint on the Iberian Peninsula: the European network has incorporated the Spanish freight forwarder Transnaba Orihuela from Alicante into the group. Founded in 1960, this family-run company specialises in food, parcel and... more
Linking the Emirates, the Gulf and India
Abu Dhabi Ports is launching a joint service with its recently formed feeder services company Safeen feeders. The newly introduced feeder service will be linking Abu Dhabi to ports serving the UAE, the broader Gulf region and the Indian Sub-Continent. It will be run in... more
Paycargo signs with another supply chain partner
Paycargo and IBS Software have concluded a joint partnership that enables rich API-based integration between their industry platforms. The integration of Paycargo's digital payments network with the "iCargo" air cargo management platform aims to help more carriers and... more
New facility for automotive logistics
After almost a year of construction, Garbe Industrial Real Estate has completed an automotive logistics centre in Flechtorf to the south of Wolfsburg in Lower Saxony (Germany) for engineering services provider Bertrandt. The property with a 30,000 sqm hall area was officially... more
Transport market for fashion industry bounces back
Light at the end of the tunnel: the transport market for the fashion industry is beginning to recover. "Customers are reporting improvements in all modes of transport, and data from our SCM software OSCA confirms this," said Setlog. The German software company... more