Big Singapore interest in Stockholm
Singapore-based aviation services group Sats has announced that its wholly owned subsidiary, WFS Sweden, is planning to acquire Terminal & Transporttjänst i Sigtuna and APH Logistics for SEK 94 million (approximately EUR 8.4 million). The transaction is subject to regulatory... more
A storage facility near the Ural Mountains
The multimodal operator RZD Logistics (RZDL) is opening a temporary storage facility on the site of the "Dry Port Tchaikovsky" container terminal in Perm near the Ural Mountains. RDZL and the container owner Kvadrat signed an agreement to this effect at the... more
Greek buyers lead capesize surge
Dry bulk shipping values are on the rise, with capesize earnings reaching the highest seasonal levels since 2010, Veson reports. The sector has seen substantial value increases in all ages and size categories, particularly in the capesize and supramax segments. For instance,... more
Sennder strengthens leadership team
Susanne Schroeter-Crossan will scale the digital forwarder's finance, ESG and corporate governance departments. She has many years of experience in the financial sector, financial planning and in the management of listed companies. Schroeter-Crossan is a member of the... more
New presence in Liège
Cooperation agreement between Saudia Cargo, Cainiao, WFS. Delivered as booked at Liège airport! Three partners presented a new e-commerce business model there for the air cargo supply chain on 1 March. The cooperation agreement was already sealed in Jeddah in November last year... more
Intermodal terminal in Hamilton in operation
Toronto Tank Lines (TTL), part of TFI International, has opened a new rail transload facility in Hamilton in Ontario, Canada. Spanning over a 28,300 sqm site, the rail hub can accommodate up to 70 railcar spots, most of them 100% truck accessible. Situated on the premises of... more
Modalis bolsters Italian team
The intermodal logistics solutions provider Modalis Group has welcomed Alessandro Lupieri as head of its new Italian subsidiary, with resonsibilty for the company’s business development in Italy, Switzerland and Eastern and Central Europe. After studying civil and transport... more
More movements but less volume
At the annual press conference held by the French airline association Union des Aéroports Français (UAF) a week ago today, on 13 March 2024, developments in the airfreight sector were only mentioned in passing - as they were before the pandemic. With a volume of 2.244... more
New wagons for European grain transports
Rail Cargo Logistics (RCL) has added 50 new grain wagons to its fleet from leasing company Ermewa. The wagons were built in Slovakia by manufacturer Tatravagonka Poprad and are now being used throughout Europe. The 95-m3 Tagnpps were specially developed for the transport of... more