1,000 grain-hoppers to cut back truck transports in Ukraine 
The EBRD is providing a loan of up to USD 35 million to a railcar logistics business in the Ukraine, which will be fully owned by the Louis Dreyfus Company (LDC). The funds will be used to acquire up to 1,000 grain-hopper railcars, which will significantly facilitate... more
Markus Pütz is the new CCO
Markus Pütz has assumed the position of chief commercial officer at Schenker Germany for the DE/CH cluster. He succeeds Rainer Götz, who has retired. Pütz has been working for DB Schenker for more than 20 years. During this time, he served with great success in various... more
UPS expands service portfolio
UPS has recently integrated and expanded its zone solutions product within its customs brokerage, warehousing, logistics and transportation business. The addition gives UPS a portfolio of foreign trade zone (FTZ) consulting, management and fulfilment services. UPS has also... more
RTS gives Air Canada Cargo a helping hand
Air Canada Cargo has completed the implementation of the revenue planning and sales budgeting solution "Foresight" which considers schedules, capacity, demand, routes, equipment characteristics and shipment characteristics to find the value of schedules and set annual... more
CSM Energy and Waterworks Offshore Services join forces
Columbia Shipmanagement has announced a strategic co-operation between its offshore and energy subsidiary CSM Energy and Waterworks Offshore Services, its German offshore shipbroking houses with a footprint in the offshore renewable market, combining traditional and Hanseatic... more
Extended intermodal partnerships in Canada
Canadian National Railways (CN) has renewed two of its intermodal agreements with two big shipping companies. The first one is Evergreen Line, which will continue its long-standing relationship of 27 years with CN and has signed a new contract with the railway. Under the new... more
Kerry Logistics appoints John Parkes as managing director
Kerry Logistics has appointed John Parkes as its managing director - integrated logistics, with immediate effect. Based in Hong Kong, Parkes will oversee the overall management of Kerry Logistics’ global integrated logistics business. An industry veteran, Parkes has over 35... more
New distribution centre for beverage manufacturer
Prologis is developing a 23,000 sqm logistics hub in Hünxe in North Rhine –Westphalia in Germany. The distribution centre will be used by an international beverage company, which is a long-standing Prologis customer in a variety of markets worldwide. The building is scheduled to... more
Seafreight and Innocentive form partnership
In the USA, New Jersey-headquartered Seafreight Labs, a software specialist for the sea freight industry, and Massachusetts-based Innocentive, a player in crowd-sourced innovation, have agreed on a strategic partnership to deliver joint crowd-solving services to the sea freight... more
Atlas Air Worldwide invests in New York
Atlas Air Worldwide Holdings has announced the renewal and extension of its corporate headquarters lease in Purchase (NY, USA). Atlas’ plans include adding 100 to the currently 568 jobs and enhancing headquarters offices to accommodate its growing employee base and strategic... more