South Asian carrier pins hopes on cargo business
Sri Lankan Airlines has formulated a new strategic business plan for the 2019 - 2024 period with the objective of transforming itself into a financially viable organisation airline group with high brand visibility and a global reputation for excellence. At the same time, the... more
Joining forces to make "green hydrogen"
BP, Nouryon, and the port of Rotterdam have joined forces to explore the opportunity of making “green hydrogen” via water electrolysis for BP’s refinery in Rotterdam (the Netherlands), which has the potential for a significant reduction of CO2 emissions. The refinery... more
Freight railway expanding in Antwerp
DB Cargo is reinforcing its sales power in Belgium. The German railfreight service provider announced that its new production enterprise, DB Cargo Belgium, has commenced operations in Antwerp, Europe’s second largest seaport. The new company, which is also active in Ghent... more
“Curiosity of the Day”
The biggest ever chocolate Easter egg was made in Italy in 2011. At 10.39 m high and weighing 7,200 kg, it was taller than a giraffe and heavier than an elephant. more
Panalpina increases profitability by 15%
In Q1/2019, the international freight forwarding and logistics company Panalpina increased its profitability compared to the same period of last year, reporting an ebit of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF... more
Great freight capacities
Rail Baltica is still far from completion. Nevertheless, a detailed operating plan is already available. Freight trains will be able to run up to three times an hour on the network between Warsaw and Tallinn. more
Time for greater collaboration
Growth rates are already considerable – but the railfreight operator UTLC Eurasian Rail Alliance (UTLC Era) wants more, as CEO Alexey Grom told the ITJ in a recent interview. At the Transpotec Logitec trade fair in Verona he introduced UTLC’s new UTLC Eurasian Rail Alliance... more
Laurels for DSV, Geis and Noerpel
IDS Logistik, Germany’s largest general cargo alliance, announced that DSV Road came top in its 2018 quality ranking list. Second place went to Geis, and third place to Nörpel. The 2018 “shooting star” was Rieck's depot in Dresden. Due to a range of quality measures, the... more
GHG emissions study reveals fuel savings
An independent study on greenhouse gas (GHG) emissions, commissioned by SEA\LNG and SGMF and conducted by the data and consultancy provider Thinkstep, has revealed that GHG reductions of up to 21% are now achievable from the use of LNG as a marine fuel, compared with current... more
New majority shareholder for West Atlantic
West Atlantic has been discussing principal terms with Lusat and certain major players holding bonds in the company’s outstanding bond loan for a refinancing of the group. The offer made by Lusat has been accepted by the shareholders of the company and certain major... more