Pursuing sustainability and growth 
Finnlines faced economic challenges in the EU in 2023, with revenue dropping to EUR 680.7 million, down 8% from 2022. Nevertheless, passenger travel on Finnlines vessels increased by over 17%. The Finnish shipping company completed its EUR 500 million green newbuilding... more
UPS continues investments in Asia Pacific
Global logistics provider UPS has taken the value of its investment commitments in Asia Pacific to over USD 250 million since the start of 2023. This strategy includes the company’s recent agreement with the Luzon International Premiere Airport Development Corporation (Lipad) to... more
Princeton TMX appoints CCO
Princeton TMX, a multi-modal transportation management system (TMS) provider, has appointed Kevvon Burdette as chief commercial officer (CCO). He will be responsible for the company’s corporate sales and marketing strategy and report directly to CEO Mark McEntire. Burdette... more
Status reports with GPS
The Europe-wide general cargo network Online Systemlogistik (OSL) has introduced the real time transmission of GPS data to improve the information on the status of the shipment. Previously, status reports were only sent by scanning. The GPS data now adds more details to the... more
A stylish New Jersey hub
Kuehne + Nagel is opening a new fulfilment centre in Piscataway, New Jersey. The logistics provider’s latest project, which measures over 5,000 sqm, is designed to serve as a fashion hub for a retailer in the textile industry. With a focus on contract logistics, the facility... more
Oceanis analyses impact of rising rates
In its state of ship finance report for Q1/2024, the Hamburg-based ship finance company Oceanis highlights potential risks in banks' pricing abilities. With rising interest rates, banks have seen increased profits, but strong shipping markets and competition for leverage have... more
First Ceiv Pharma certification in Puerto Rico
ETH Cargo Services (ETH Cargo) has become the first member of the Puerto Rico Life Sciences Air Cargo Community to achieve the international air transport association (Iata) Centre of Excellence for Independent Validators (Ceiv) Pharma certification. Puerto Rico’s ministry... more
"Curiosity of the Day" 
A blue whale cannot swallow anything larger than a grapefruit. more
Vacad re-elects chairman of the board
At their annual general meeting on 5 March 2024, the members of the German air cargo handlers' association Vacad re-elected all members of the executive board in recognition of their successful work over the last year. Claus Wagner, managing director of Frankfurt Cargo... more
Expanding pallet network in East Anglia
Pall-Ex Group has recruited of Cross Country Carriers, thus strengthening its network in East Anglia, UK. Founded in 1978, the forwarder provides general haulage, contract hire, Moffett fork truck operations and flatbed work services in the UK. Pall-Ex Group is a network of... more