Menzies Aviation appoints new CFO Americas 
The aviation logistics specialist Menzies Aviation has announced that Jennifer Gourley will join its Americas Leadership team as CFO. Gourley will be based in Dallas-Fort Worth (TX, USA) and report to John Redmond, executive vice president, Americas. She will oversee the... more
Volume backlash already in February
Seasonally adjusted, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) fell to the lowest value in its history in February, dropping 10.9 points to 102.5. In contrast, the... more
Saudia Cargo still shipping through three gates
Saudi Airlines Cargo says is has taken proactive steps to ensure the continuity of all cargo and supply operations and the arrival of necessary goods and products including medical equipment, medicine and foodstuffs. The steps come in line with the official decisions, which... more
ESR grows in its core markets
ESR, an APAC focused logistics real estate platform, has announced its results for the financial year 2019. The group recorded revenue of USD 357.4 million in FY 2019, up 40.6% from USD 254.1 million in FY 2018. Net profit was USD 245.2 million, representing 20.8% growth from... more
New network manager for Astre
Bettina Wietzel-Skakowski has assumed the newly created position of international network manager for the logistics network Astre. At the same time, she has joined the team of the country branch Astre Dach in Germany. In her dual function, Wietzel-Skakowski will further the... more
LDZ revises its investment projects
As the drop in railfreight volumes, which started already in the first half of 2019, continues, and taking into account the inability of Latvian Railways (LDZ) to balance its finances in 2020 without additional funding from the government budget, LDZ has revised its plans for... more
Liner shipping consortia BER to prevail until 2024
The European Commission has decided to prolong the current liner consortia block exemption regulation (BER) until 2024. It was originally adopted in 2009, prolonged in 2014 for five years, and was due to expire on 25 April 2020. This regulation outlines the conditions under... more
No-deal Brexit prepared for virus pandemic
Restrictions imposed across the globe to deal with the Covid-19 pandemic are inevitably impacting on the Scottish salmon farming sector. Flight restrictions and the cancellation of routes mean that the ability to supply Scottish salmon to some major markets is being hampered.... more
Pandemic hits Austrian logistics companies hard
The Austrian Zentralverband Spedition & Logistik (central association for forwarding & logistics) calls on the Austrian government to take measures to maintain European supply chains. One of the main demands is the installation of a system of information between the... more
50% price cut in port fees
To keep the flow of shipped goods between Sweden and its neighbouring countries running, Ports of Stockholm has halved port fees for ferries at all three of the company’s ports. In this very serious situation, where countries are closing their borders and it is difficult for... more