USD 31.3 million net income for Descartes 
The Descartes Systems Group has announced its financial results for the full fiscal year ended January 31, 2019. Revenues were up 16% to USD 275.2 million, compared to USD 237.4 million in the previous fiscal year. Income from operations amounted to USD 41.4 million, up 15%... more
“Curiosity of the Day” 
With no fixed recipe, chicken tikka masala is a British dish “invented” in 1963 in the Shish Mahal curry house in Glasgow's West End. more
Heléne Mellquist to preside over Volvo Trucks Europe
Heléne Mellquist, currently president of Volvo Trucks International, has been named president of Volvo Trucks Europe, as from 1 April 2019. She succeeds Roger Alm, who was appointed president of Volvo Trucks on 1 January 2019. Mellquist has been at the helm of Volvo Trucks... more
Panalpina signals its strengths
The IT platform is paying off, the airfreight division is growing and the sea freight unit achieving the turnaround. The Swiss logistics company had a good last year. The uncertainties and disturbances in the wings seem to be boosting day-to-day business. It remains to be seen... more
Reax orders 20 LNG trucks at one go
The German freight forwarder Reax is making large-scale investments into eco-friendly vehicles and has ordered 20 LNG trucks from Volvo. According to Volvo, Reax is the first forwarder in Germany to deploy so many of these new vehicles on the roads. The first seven trucks... more
CCS introduces new module to cater for Brexit
In order to anticipate the effects of Brexit, the managing company of the Cargo Community System (CCS) at the port of Dunkirk (France), has mandated MGI to conduct a study on the cross-Channel ro-ro flows. Taking into account the specificities of maritime and rail transport,... more
Elvir Dzanic takes over port in his hometown
The port of Gothenburg’s new CEO is Elvir Dzanic. He will commence his duties in early June. Dzanic was previously vice-president of business development at Houston TX-based Ceva Logistics North America. The Swedish port’s new boss has a wealth of experience in the... more
New truck to carry liquids and general cargo
The Swiss transport company Hürlimann Garage- und Transporte in Mägenwil (canton of Aargau) has invested in its fleet and bought another Renault truck. The new T 520 T4x2 can carry a total load of 44 t and be deployed to transport heavy containers across the frontier in... more
Weak start for airfreight
The International Air Transport Association (Iata) released data for global airfreight markets showing that demand, measured in freight tonne kilometres (FTKs), was 1.8% lower in January 2019, compared to the same month in 2018. It was the worst performance in the last three... more
Three new logistics parks by 2020
Panattoni Europe, an industrial and logistics property developer, is to build three new logistics parks in Germany by 2020, in response to demand for more space. Construction work will start at Kaltenkirchen, near Hamburg, Schwanewede, north of Bremen, and Wörrstadt, near... more