Mapletree Logistics Trust acquires warehouse in Australia
Mapletree Logistics Trust Management has entered into a conditional forward purchase agreement with Wooreddy Investments for the acquisition of a warehouse in Truganina, a suburb of Melbourne (Australia) at a property purchase price of AUD 18.4 million (EUR 11.4 million).... more
“Curiosity of the Day”
Every national flag uses at least one of colours of the Olympic rings (blue, yellow, black, green, red), with two exceptions: Latvia (carmine red, white) and Qatar (Bordeaux red, white). more
More money for a deeper Jaxport
Florida’s department of transportation (FDOT) in the USA has awarded the port of Jacksonville (Jaxport) an additional USD 35.3 million in funding for the Jacksonville harbour deepening project. The funding will be used toward exercising the second phase of the US army corps... more
Ayme-Yahil seeks out new challenges
Edna Ayme-Yahil, who led global marketing and communications at Panalpina, has decided to pursue other career opportunities, effective immediately. DSV’s executive board wishes to thank Ayme-Yahil for her long and loyal service to Panalpina—and in recent months for her... more
Only road haulage achieves a significant increase
In Germany, road, rail and inland shipping carried 3.8 billion t in 2018, an increase of 0.4% compared to the previous year, according to the German federal office for goods transport. Road haulage and railfreight achieved rises of 1.5% and 1.1%, respectively, while very low... more
Special transport for vintage cars
It is nothing new for the ÖBB Rail Cargo Group (RCG) to transport cars and car parts on the railways. But when 28 vintage cars and five motorbikes have to be carried from Vienna to Wels in Austria, this is no commonplace task, not even for RCG. In cooperation with Classic... more
Second B747F for first service to Europe
After adding the second B747-400ERF to its fleet SF Airlines set up its first intercontinental service. With a length of 9,540 km the connection Wuxi (China) - Chongqing (China) - Frankfurt-Hahn (Germany) - Wuxi is the longest service the Chinese cargo airline offers in its... more
AO and Aldi sign three-year home delivery deal in UK
Online electricals retailer AO has signed a three-year deal with supermarket Aldi for home delivery of its specialbuys range in the UK. Aldi’s specialbuys are already available to purchase online, but the three-year partnership will see AO provide its services for larger... more
Iumi has mixed expectations for maritime insurance
Sean Dalton, chairman of Iumi's (International Union of Marine Insurance) cargo committee, recently reported a 2.5% increase in 2018 global premiums to USD 16.6 billion. However, the rise was largely attributable to growth in global trade and exchange rate fluctuations.... more
DHL Supply Chain picks a new CEO for major markets
Effective 1 October 2019, Hendrik Venter has been appointed the new CEO DHL Supply Chain for Mainland Europe, Middle East and Africa. Venter will succeed Oscar de Bok, who will take over the board department DHL Supply Chain as member of the board of management at Deutsche Post... more