Logwin participates in Marco Polo finance network
LBBW and Commerzbank have carried out another trade transaction between Voith and KSB SE via the Marco Polo trade finance network built on R3’s distributed ledger technology (DLT) platform Corda. This time, besides the two companies involved, logistics provider Logwin AG was... more
Thordon appoints Michael Haraldsson
Canadian-based Thordon Bearings, a provider of environmentally safe propeller shaft bearings and seal systems, has chosen Michael Haraldsson as its new marine business development manager. A native of Sweden, Haraldsson has more than 25 years of strategic sales experience... more
Dematic automates distribution hub for Ceratizit
Dematic is automating the new distribution hub operated by Ceratizit, a manufacturer of carbide products, in Kempten (Bavaria, Germany). To this end, the intralogistics specialist is setting up a Dematic multi-shuttle system comprising about 90,000 bin spaces that saves room by... more
PKP Cargo to publish its H1/2019 results
PKP Cargo will publish the results of Q1/2019 on 22 August 2019. It remains to be seen whether the Polish group will be able to maintain the record ebitda of PLN 900 million (EUR 210 million) it achieved in 2018. Over the whole year of 2018, PKP Cargo carried 121.9 million t of... more
Baltic Ports Organisation focuses on port sustainability
The Baltic Ports Organisation (BPO) has been welcomed into the world ports sustainability programme following the signing of the WPSP declaration by Bogdan Ołdakowski, BPO secretary general. Guided by the UN’s 17 sustainable development goals, the programme aims to enhance... more
CAM continues to expand
Air Transport Services Group (ATSG), a provider of aircraft leasing and air cargo transportation, reported that each of its principal business segments, aircraft leasing and air transport, generated higher revenues for the second quarter of 2019. The most important segment,... more
“Curiosity of the Day”
Vervet monkeys use high-pitched calls to warn each other if a predator is approaching. But if a personal rival is in danger they remain silent. more
Amazon plans to open new fulfilment centre in Utah
Amazon plans to open a new fulfilment centre in West Jordan (Utah, USA) creating more than 800 full-time jobs. Amazon currently employs more than 2,000 full-time associates throughout the State of Utah. Amazon employees at the more than 93,000 sqm fulfilment centre will... more
Europa brings new HR and talent team on board
Europa Worldwide Group has presented a new HR and talent team following a series of appointments and promotions to nurture talent within its rapidly growing business. The expert team includes Elaine Robertson, head of HR, Laura Watkin, head of talent and Vanita-Dass Puri, who... more
Flying high at the Bosphorus
By mid-2019 had become clear that most freight operators are flagging, compared to the strong previous year. The biggest exception to this trend is Turkish Airlines. more