USD 500 million for logistics facilities in China 
ESR, a large APAC focused logistics real estate platform, has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to establish a joint venture with a total equity commitment of USD 500 million. The joint venture, which marks ESR’s latest launch in... more
Signal Maritime and Heidmar join forces
Athens (Greece)-headquartered Signal Maritime Services and Heidmar have entered into a partnership agreement under which Signal will manage a joint tanker fleet. Signal Maritime Services is a commercial ship management company. Founded in 1984, Heidmar is one of the world’s... more
(No) more conversions in 2020
Acia Aero Leasing, which was established in early 2000 to provide aircraft leasing and management solutions to a wide spectrum of clients and end users, has just completed another large cargo door conversion of an ATR72-200, the first of five targeted conversion completions for... more
Americold appoints new CCO
Americold Realty Trust, a large publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced that Robert Chambers has joined the company as executive vice president and CCO. “We are excited to expand our executive... more
Russian Railways: export cargo volumes on the rise
Export cargo volumes shipped by the Russian Railways (RZD) to sea ports were 3.6% higher in 2019 than in 2018 and amounted to 308.8 million t. About 131.1 million t of cargo were shipped to north-western ports last year (+3.4% above 2018), 76 million t to southern ports (+1%),... more
Vos Logistics completes takeover of SNEL
The takeover of SNEL Shared Logistics by European Logistics Service Provider Vos Logistics has been completed. As a result of this acquisition Vos Logistics has one of the largest distribution networks in the Benelux with 65,000 sqm of storage and cross-dock facilities in the... more
“Curiosity of the Day” 
At their closest point, the USA and Russia are separated by only 4 km. This is the distance between an American and a Russian island in the Bering Strait. more
Kyrgyzstan has great potential along key corridors
Kyrgyzstan can tap into the benefits of its strategic location along key transport corridors between Europe and Asia. Fundamental for its success is the creation of a modern transport infrastructure network, according to a Unece study. Road haulage remains the focus of freight... more
Messina Line to ship for Dakar 2020
The Dakar 2020 (formerly Paris-Dakar) – the 42nd edition in the history of this race - will take place entirely in Saudi Arabia for the first time. In Jeddah, the “Jolly Palladio” of the Messina Line landed 140 motorcycles, 72 cars, 45 trucks, 43 SSV, 20 quad, 300 service... more
Clear Metal opens new office in Switzerland
Clear Metal, a leader in continuous delivery experience for advanced visibility and supply chain and logistics solutions, has opened an office in Feusisberg, near Zurich (Switzerland) under the management of Thomas Kofler, VP sales EMEA. He will build on Clear Metal's momentum... more