Hoyer to double its investments in 2019
The international logistics company Hoyer generated a turnover of EUR 1.167 billion in FY 2018, thus increasing its equity ratio to 44%. Earnings before taxes amounted to EUR 40.218 million. In 2018, the Hamburg (Germany)-based provider spent EUR 83.9 million on replacing... more
Freight accounts for 14% of Emirates' total revenue
In financial year ended 31 March 2019, the Emirates Group posted a profit of USD 631 million, a 44% drop compared to FY 2018. The Dubai-based group’s revenue rose to USD 29.8 billion (+7%). Emirates Skycargo delivered a strong performance in a highly competitive market with... more
Haropa – Port of Le Havre in good shape
Tonnage led the way, the results followed. The port of Le Havre (a member of the Haropa association, which is made up of the ports of Le Havre, Rouen and Paris), improved its results, having posted a solid throughput in 2018. The group’s turnover increased to EUR 195... more
Terminal network gets links to class I railroads
USA-based Watco has entered into a joint venture with SCH Services (SCH) to create an inland terminal network in the four rivers area of Illinois-Kentucky capable of handling bulk materials. Watco’s Cora terminal in Illinois along with the SCH’s Calvert City terminal and... more
EMA counts on shipping for shopping
East Midlands Airport (EMA) is improving its infrastructure to handle aircraft more efficiently at busy times. Fedex/TNT, UPS, Royal Mail already use the east apron at the M1 motorway end of the airfield. The apron is now being widened to allow up to four more aircraft to be... more
Stockholm: first step towards shuttle train services
Stockholm Norvik Port, a new freight port in Sweden, is due to open in May 2020. To create the preconditions for rail transport to/from the new freight port, applications for a number of shuttle train routes were submitted by Ports of Stockholm to the Swedish Transport... more
Shipnext and Boot Upventures to collaborate
Boot Upventures and Shipnext, a digital shipping marketplace and transport network, are to cooperate. Shipnext automates cargo-to-ship matching, freight trading, contracting and documentation processes on a single user-friendly platform. It is transforming the way the... more
Directorship for Alberto Hernández
Marmedsa Noatum Maritime Bilbao is strengthening its team by appointing a new director - namely Alberto Hernández - who has more than 20 years of experience in managing logistics and port projects. Hernández underwent extensive training in merchant marine and maritime transport... more
Large majorities at the K + N AGM
At the annual general meeting of Kuehne + Nagel International, the shareholders present accounted for 84.08% of the voting shares. A large majority of these shareholders approved the status report, the financial statements and the consolidated financial statements for the 2018... more
Etihad Cargo launches new loyalty programme
Etihad Cargo, the cargo and logistics services arm of the Etihad Aviation Group, has unveiled a new global customer programme and the rebranded cargo loyalty scheme "Payload Rewards". Launched in 2013 as one of the first dedicated loyalty programmes for air cargo... more