Hapag-Lloyd's big leap forward 
On the basis of preliminary, not yet validated figures, the Hamburg-headquartered carrier Hapag-Lloyd achieved higher revenues and more profit in the 2019 financial year. The growth in revenues was considerable, by approximately 9%, coming up to EUR 12.6 billion (2018: EUR 11.6... more
Rhenus plans a new business site in Kazakhstan
The Rhenus Group plans to expand its activities in Kazakhstan by establishing a business site and container depot in the industrial city of Karaganda. “Kazakhstan is the second-most important country in terms of imports and exports for China. It has a favourable geographical... more
ITD doubles its representation in Brussels
ITD, the Danish association of road transport companies, wants to strengthen its impact on decisions concerning the road haulage industry on a European level. The association has therefore doubled its crew at the Brussels office to bolster its influence on European... more
Etihad Cargo and Dnata deepen partnership
Etihad Cargo from Abu Dhabi has bolstered its global handling partnership agreements with Dnata from Dubai, one of the world’s largest air service providers. The new agreements align the two UAE-based companies until 2023, with Dnata providing warehouse and cargo handling... more
Wallonian inland navigation looks back on year of change
According to statistics in the Belgian province of Wallonia, 39.13 million t of cargo were shipped on the Walloon inland waterways over the year 2019. Volumes were 5.8% below the performance of 2017 and 2018 but remain equal to about 2 million trucks. After two record... more
100 new rail cars open up new market segment
Kombiverkehr transferred a total of 884,168 consignments or 1.77 million teu to the railways in 2019. The company thus transported 5.7% fewer containers, swap bodies and semi-trailers than in the previous year. While traffic volumes within Germany and total throughput on the... more
Schwarzmüller acquires Hüffermann
The Schwarzmüller Group, an Austrian manufacturer of utility vehicles, is taking over Hüffermann Transportsysteme, a German producer of container transport trailers. With this acquisition, Schwarzmüller bolsters its competence in terms of building and infrastructure vehicles and... more
CS Leasing picks John Lonergan as sales director
CS Leasing, a provider of a wide range of intermodal lease and equipment solutions to global operators, logistics providers and shippers, has appointed John Lonergan as area sales director. This latest addition to the global sales team comes as the company continues to grow its... more
DP World to delist quickly from Nasdaq Dubai
DP World is to become a private company and delist its shares. DP World’s parent company Port and Free Zone World has offered to acquire the 19.55% of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. Chairman Sultan bin Sulayem commented... more
Autonomous driving tests to expand in the USA
Daimler Trucks and Technology specialist Torc Robotics will soon expand testing of automated truck technology to new public routes in the USA. The team completed initial mapping of additional routes in January. These public road trials allow the teams to collect data from... more