UPS grows in international segment
UPS has announced that its Q1/2019 earnings were strengthened by higher-quality revenue and benefits from investments in its global network. Consolidated revenue increased to USD 17.2 billion, driven by gains in average daily volume and higher-quality revenue. US domestic... more
Cargo keeps Scandlines on course in 2018
In 2018, Scandlines’ group sales dropped slightly by 2% to EUR 477 million (2017: EUR 487 million), as the unusually warm weather between May and September attracted fewer passengers. With EUR 352 million, turnover on both ferry routes remained the same, however. This was... more
GAC Qatar inaugurates Ras Laffan office
The inauguration of GAC Qatar’s branch at Ras Laffan, one of the world’s largest hydrocarbons export ports, marks the latest stage in the company’s expansion plans. The official opening comes as the company celebrates 40 years since its establishment and confirms its position as... more
Estonia: From wagon repairs to engine building
The supervisory board of Estonia-based Operail has approved the management board’s proposal for restructuring the Tapa depot. As a result, Operail will be able to allocate more resources towards locomotive construction. The wagon repair services at the Tapa depot have not... more
Logistics support for offshore platform
Rhenus Offshore Logistics completed the first supply trip to the Borssele Alpha offshore platform in the Dutch North Sea on 23 April. Rhenus has shouldered all the supply logistics for its customer, HSM Offshore, during the installation work on the Borssele project and is... more
Alha Group takes over Verona cargo warehousing
The Italian air cargo and ramp handling specialist Alha Group has taken over all airport cargo warehouse activities in Verona Valerio Catullo Airport (VRN) from the current service provider Verona Cargo as from 3 May 2019. CEO Lorenzo Schettini commented this new significant... more
Korean Air Cargo enhances operational efficiency
Korean Air has switched over to IBS Software’s (IBS) “iCargo” technology platform, discarding the legacy system in use for more than 30 years. IBS’ fully integrated, web-based solution went live simultaneously at 130 stations of the airline across the globe, placing it in... more
Kloosterboer relies on free riding provided by Kuenz
The Dutch company Kloosterboer in Vlissingen has purchased four Kuenz Freerider cranes that have a high degree of automation. Kloosterboer, a new customer of Kuenz, specialises in logistics services for temperature-controlled food products in western Europe. With more than... more
Dedicated aerospace warehouse opens in Hamburg
Bolloré Logistics has opened a dedicated aerospace warehouse in Hamburg. The new hub is strategically located next to the port of Hamburg and a few kilometres from the production sites of major aircraft manufacturers and OEM suppliers. Thanks to direct access to the German... more
Gebrüder Weiss wins Hermes award for transport security
For its recently developed safety system “transport security Standard (TSS)” the company Gebrüder Weiss has been awarded the "Hermes.transport.logistics.prize" in the category supply chain management. “This award acknowledges the high safety standards we guarantee... more