LDZ privatisation promoted by false valuation?
Board members of the Latvian railways (LDZ) have sent an application to the law enforcement authorities with the request to evaluate possible activities of the Latvian minister of transport. The management believes that the value of the company is being deliberately reduced... more
Agility achieves targets
Kuwait-based Agility reported Q1/2019 earnings of KWD 20.3 million (EUR 59.4 million), up 7.3% vis-a-vis Q1/2018. It was a 10.2% increase excluding IFRS-16 impact. Q1 revenue was KWD 378.8 million (EUR 1.1 billion), and ebitda was KWD 46.3 million (135.5 million), increases of... more
Additional rail capacity for Western Canada
Canadian National Railways (CN) is increasing its operations in Western Canada with two additional export supply chain projects. The projects are both focused on maximising the use of rail services into the Port of Prince Rupert in British Columbia. The first train shipping... more
New board member for Spedlogswiss Northwest Switzerland
At its annual general meeting in Basel (Switzerland), the Northwest Switzerland chapter of the logistics association Spedlogswiss re-elected Thomas Knopf, CEO of Ultra-Brag president of the board. Vice president Thomas Herzog, owner of Freight-Logistic, was also confirmed in his... more
More equipment for the port of Maputo
Maputo, the capital and major port of Mozambique (East Africa), was the site where Liebherr recently handed over two Liebherr mobile harbour cranes type LHM 550 to MPDC for bulk handling operations. The port city on the Indian Ocean is an important transhipment point for... more
Antonov and Bolloré bring aid to Mozambique
Antonov Airlines has flown aid and personnel from Chalons Vatry (France) to Beira (Mozambique) to assist with humanitarian efforts in the region in the aftermath of cyclone Idai. In addition to a 65-t payload of malaria treatments, five water purification stations, and over a... more
Prologis and L’Oréal open carbon-neutral hub
Prologis and L’Oréal have opened their new carbon-neutral logistics facility in Muggensturm, south of Karlsruhe (Germany). The real estate covers an area of more than 100,000 sqm and is therefore L’Oréal’s largest distribution hub worldwide. From this location, the cosmetics... more
Iaph re-elects Santiago Garcia-Milà as president
Santiago Garcia-Milà, deputy general manager for strategy and commercial of the port of Barcelona, has been re-elected president of the international association of ports and harbours (Iaph) for the third consecutive term, at the close of the 32nd annual conference of the... more
Extended breakdown service for trucks and trailers
Eurowag has entrusted Europe Net with its European breakdown service. In future, Eurowag customers can call for immediate assistance in 38 European countries and 24 languages via a free international hotline and pay for services in the event of a breakdown with the Eurowag... more
Port of Cork: recognition for fundraising efforts
The port of Cork (Ireland) and its partners were ‘highly commended’ at the recent Seatrade Awards in the ‘deal of the year’ category in recognition of their work in securing the funding for the development of the new CCT in Ringaskiddy, which will open in 2020. This funding... more