Van Leeuwen Pipe and Tube Group plans strategic takeover
The Van Leeuwen Pipe and Tube Group has entered into an agreement to acquire Benteler Distribution, a division of Benteler International with an annual turnover of about EUR 750 million (2018). This strategic acquisition will provide Van Leeuwen access to additional key markets... more
UPS names new head for southeast Europe
UPS has appointed Dutchman Yannick Mooijman as its managing director for Hungary, Greece, Romania and Slovenia, where he is responsible for UPS’s operations, business development and strategy. He replaces Jim Kearney, who was promoted to vice-president, finance, UPS emerging... more
The last mile in LA
The ongoing e-commerce boom has not triggered a great degree of innovation on last-mile deliveries. Now the potential for improvement in the segment has been recognised and several companies are improving their position in the section. more
Turkey receives the first hybrid locomotives
Swiss manufacturer Stadler and Körfez Ulastırma, the logistics affiliate of Turkey’s largest refinery Tüpraş, have signed a contract for the supply of seven Co'Co' hybrid locomotives of the Eurodual type, as well as spare parts and a full service maintenance agreement for eight... more
The calm before the storm?
The container throughput index published by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) showed a surprising record result for July 2019. According to the current flash estimate for July, the index reached the... more
Atlas Air mourns passing of board chairman Robert Agnew
Atlas Air Worldwide has announced that Robert (Bob) Agnew, the chairman of the board of directors, passed away earlier this week. “Agnew was a wonderful director and even finer human being,” said William J. Flynn, chief executive officer of Atlas Air Worldwide. “We are... more
Yusen Logistics opens new office in Koper (Slovenia)
Yusen Logistics (Hungary) has opened a new branch office in Koper (Slovenia). Yusen Logistics thus continues to expand its presence in Europe. The southern part of Central Eastern Europe is well covered (Austria, Hungary, Slovakia, Croatia, Romania,etc.) in terms of sea freight... more
Time to end air cargo anti-trust dispute
Deutsche Bahn has reached a settlement with Lufthansa concerning the air cargo cartel which was in operation between 1999 and 2006. The settlement ends the companies' dispute that has been ongoing since 2013. The settling parties are DB Barnsdale, a wholly-owned subsidiary of... more
Rail transport of bulk liquids increases in Africa
In conjunction with Zambia Railways Limited (ZRL), the Tanzania-Zambia Railway Authority (Tazara) has signed a contract with Delta Energy to transport 5 to 6 million litres (5,000 – 6,000 t) of petroleum from Tanzania to Zambia every month. The new contract comes in the wake... more
Nicolas Gauthier moves from France to Ecuador
After seven years at the port operator Portsynergy Projects in Fos and Le Havre (France), Nicolas Gauthier will take on a major new port project in Ecuador. The USD 1.2 billion project involves the construction of a new port complex in the Guayaquil region, the economic capital... more