2000th employee for Seifert 
The Seifert Logistics Group has hired its 2000th employee. Polish-born Brygida Rzeszutek will work in the field of contract logistics in Jawor (Poland), the most recent of the 46 locations of the group. Seifert hired its 1000th employee only three years ago and has grown from... more
Trade tensions weigh heavily on air freight business
Iata's data for global air freight markets are showing that demand, measured in ftk, contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes. Global trade volumes are 1.4% lower... more
Turnover rises while core net profit drops
Kerry Logistics has announced the group’s interim results for the six months ended 30 June 2019. The turnover increased by 13% to HKD 19.810 million (EUR 2.28 billion) - 1H/2018: HKD 17,461 million (EUR 2.01 billion). The core operating profit increased by 9% to HKD 1,330... more
Regular train launched for timber transport
Fesco has been expanding its geography of Russian inland export services and has launched a regular container train from Khabarovsk Territory (Russia) to Harbin (Heilongjiang province, China) through the Grodekovo/Suifenhe (Russia/China) border-crossing point. The train... more
LNG-to-powership project launched in Mozambique
Tokyo (Japan) -headquartered MOL and Karpowership will launch a joint LNG-to-powership project. The Dutch company Karpower International, a subsidiary of Karadeniz, will cooperate with MOL under the co-brand “Karmol” in Mozambique. Both parties will jointly own and operate a... more
Full speed ahead despite diesel traffic ban
As the first company on the German market, HJS has obtained the authorisation for a waste gas purification system that is especially designed for trade and delivery vehicles. Owners of commercial vehicles weighing 2.8 t or more can now benefit from state funding to have... more
Ground-breaking for new hub in Luxembourg
Kuehne + Nagel have celebrated the ground-breaking ceremony of a new contract logistics centre in Luxembourg. The event also marked the ten year contract extension between Kuehne + Nagel and On AG, a cooperation that started in 2010. The new contract logistics centre, due to... more
Rhenus Logistics acquires PSL Group
Rhenus Logistics has acquired PSL Group, a European road freight specialist, in a move that further strengthens Rhenus’ offering. With a head office in Maldon, Essex (UK), and six additional offices across England, PSL Group seamlessly complements the current Rhenus network,... more
Korean Air Cargo continues with GHA in Frankfurt
Korean Air Cargo, a major cargo carrier based in South Korea and a member of the SkyTeam Cargo Alliance, has extended the cooperation with LUG aircargo handling at FRA for a further three years to 2022. LUG has partnered Korean Air Cargo for some 22 years now, handling freight... more
Malaysia awards licence for oil & gas logistics
A new player in the logistics of oil & gas in Malaysia has emerged. The custodian of Malaysia’s national oil and gas resources has awarded GAC Malaysia the licence to provide bunkering, freight forwarding, shipping and non-bonded warehousing services. The Petroliam... more