Group7 to build in Hamburg 
The logistics services provider Group7 intends to build a new hub in Hamburg (Germany). Spanning 26,000 sqm, the planned new building is one of the two largest logistics projects over the last 15 months, Hamburg-based BNP Paribas Real Estate said. “I am delighted that we can... more
India: Darcl Logistics receives 120 Bharat Benz trucks
India Commercial Vehicles recently completed a major order with the delivery of 120 BharatBenz trucks. The blue BharatBenz 4023T tractors were handed over to Darcl Logistics in Jamshedpur, North India. Darcl Logistics is a joint venture between Korean group CJ and Indian... more
Drewry: prices and lead rates better than expected
The coronavirus outbreak will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020 - although better than in 2019, says London (UK)-based maritime intelligence provider Drewry. Its latest published container equipment... more
Extending payment deadline for port dues
In order to ease the burden on companies in the port in the days of the pandemic, Antwerp Port Authority has agreed to let them delay payment of port dues for seagoing ships and barges. After consulting Alfaport, the Port Authority has agreed to extend the payment deadline for... more
All divisions of KN affected
As a result of the coronavirus pandemic, business volumes declined sharply in the first quarter of 2020. Kuehne + Nagel Group's net turnover (-6.2%), gross profit (-5-1%) and earnings (-23.2%) were significantly below last year's levels. Furthermore, currency fluctuations had a... more
Railway helps to keep the lights on in UK
Teams at GB Railfreight (GBRf) are continuing to work closely with energy company Drax to maintain supplies of the sustainable biomass needed for the UK’s largest power station to generate electricity needed by millions of homes and businesses during the Covid-19 crisis.... more
A new battle front for Embraer
Strongly contested by Embraer, Boeing has terminated its master transaction agreement (MTA) with the Brazilian airframe manufacturer, under which the two companies sought to establish a new level of strategic partnership. The parties had planned to create a joint venture... more
DB Cargo strengthens its marketing team
DB Cargo has appointed Martell Beck to its marketing team. The former head of marketing at the Berliner Verkehrsbetriebe (BVG) will assume the leadership of the newly created segment “marketing and transport policy” on 1 June 2020. He will report directly to Sigrid Nikutta, DB... more
Few detentions for BMA in 2019
The United States Coast Guard (USCG) has been implementing its Qualship 21 programme (quality shipping for the 21st century) since 2001. The Bahamas Maritime Authority (BMA) was recently included in the USCG 'Qualship 21' list, which recognises the quality of Bahamas registered... more
Haeco helps to stuff passenger cabins
Haeco Cabin Solutions, a business unit of the Hong Kong-based Haeco Group, headquartered in Greensboro, NC, USA, has launched new devices to allow package stowage in the main passenger cabin. The solutions build upon existing seating and interior technologies and can be... more