South Koreans make 'The Alliance' a foursome
The South Korean container shipping line Hyundai Merchant Marine (HMM) is set to join ‘The Alliance’ as a full member. Moreover, The Alliance’s members have also decided to establish a new cooperation agreement with four members and a term until 2030. The action was agreed in... more
Creative capital markets
When logistics corporations need more money, then bonds are one viable way of raising funds. However, if there are radical changes in the ownership structure, repurchasing bonds is also an option. more
100 years after the first east-west transatlantic crossing
Exactly a hundred years ago, only a few weeks after the first crossing of the Atlantic in an airplane, the British airship R34 flew across the ocean from east to west for the first time, carrying about 50 kg of parcels and letters, among them messages from the British king and... more
"Too many certificates, too little authority"
GDP, CEIV Pharma, CEIV Fresh and many others – what does the multitude of certificates awarded in the airfreight industry really say about the level of quality of the carrier that holds such a certificate? In an interview with the ITJ during Air Cargo Europe at the... more
Broad alliance for more rail links
Following an initiative of the association of German transport companies (VDV), 37 associations and organisations have joined forces to strengthen and promote rail connections in Germany’s rail network. To this end, they have drawn up a rail connection charter, which they... more
Inland seaport at Rotterdam enhanced
The port of Rotterdam authority (the Netherlands) will invest about EUR 3.5 million into the further development of the Dordrecht Inland Seaport Wilhelminahaven. The existing mooring buoys will be replaced by five new certified mooring buoys with a traction capacity of 200 t... more
Pilatus banned from supplying services on Arabian Peninsula
The Swiss directorate of political affairs at the federal department of foreign affairs (FDFA) has reviewed the services supplied by Pilatus Aircraft in Saudi Arabia, Qatar, the UAE and Jordan, which include technical support, replacement parts management and rectifying faults... more
More incentives for climate protection
The German association of freight forwarders and logistics operators (DSLV) has called for a comprehensive funding strategy to boost the logistics industry’s already substantial efforts to achieve sustainable CO2 reductions under conditions that are economically acceptable.... more
Austrian Post takes over DP DHL hubs
After the German federal cartel office, the Austrian competition authority and the federal anti-trust attorney have also given the green light, under certain conditions, for the Austrian Post to take charge of locations of the Deutsche Post DHL Group in Austria as planned.... more
MacGregor’s TTS acquisition to be completed in Q3/2019
MacGregor, part of Cargotec, announced on 8 February, 2018 that it had entered into an agreement to acquire the marine and offshore businesses of TTS Group ASA. The acquisition is subject to regulatory approvals from the competition authorities in Germany, South Korea and China.... more