US shortline railroad purchased
The Allegheny Valley Railroad (AVR) has completed the purchase of 76 km of rail lines from CSX Transportation. AVR previously leased and operated the line in and around Pittsburgh PA (USA) since 2003.The lines in the transaction include the former CSX yard at Glenwood (outside... more
Investing in warehousing in Australia
The Australian property firm GPT has purchased five logistics properties in Sydney for AUD 212 million (around USD 146 million), and also started a new development in western Melbourne.The Sydney assets have a lettable area of more than 88,000 sqm, a combined weighted average... more
IAG Cargo returning to Pakistan
IAG Cargo started operating a direct service from the UK to Islamabad (Pakistan) this month. The thrice-weekly service from London Heathrow will run year-round and offer 15 t of lift per flight.The new option will bolster the airline's position in the region, adding to the cargo... more
Investment at London Medway
A GBP 5.5 million (EUR 6.3 million) investment in the London port of Medway will allow the hub to replace its Royal Bridge Pontoon. The work will include a new 12 m wide and 45 m wide ramp to allow larger stern-ramp ro-ro vessels to berth at the port.The move to allow more... more
Erik Peuschel leaving Engel & Völkers executive
Erik Peuschel has resigned from the executive management team of Engel & Völkers Commercial Hamburg for personal reasons. He will remain a member of the company’s advisory board as a consultant, especially for strategic matters.Managing partner Alexander Lampert is happy... more
Dongguan-Vorsino rail service
RZD Logistics (RZDL) and its subsidiary Far East Land Bridge (Felb) have launched regular rail shipments from Dongguan (Guangdong province, China) to Vorsino (Kaluga region, Russia). Container trains from China previously left from the city of Guangzhou. Trains will depart from... more
Rhenus and E-Dentic develop new loading solution
The Rhenus Group has collaborated with the French start-up E-Dentic to develop a solution at its logistics centre in Rade, near Hamburg (Germany), to make loading procedures safer and more transparent through Bluetooth devices and video cameras, thus ensuring 100% shipping... more
Utair planning Ufa–Vienna service
Utair Aviation launched a second Vienna route today, 3 June. The Russian airline, which is under substantial financial pressure, launched a flight from Moscow Vnukovo airport two years ago, and has now added a twice-weekly Boeing B737-500 service from Ufa, the capital of the... more
“Curiosity of the Day”
Stomach acid is strong enough to dissolve zinc and other metals – even razor blades. more
New technical director for port of Turku
Markku Alahäme is starting as the port of Turku’s new technical director at an interesting time. He will find a large project concerning a joint passenger terminal for shipping companies on his desk.Alahäme has the pre-requisites needed for the large project, having worked for... more