“Curiosity of the Day”
You can take out alien abduction insurance in the USA. It costs about USD 160 per year. more
Sudden reshuffle at Bombardier Transportation
Danny Di Perna has been appointed president of Bombardier Transportation with immediate effect. He replaces Laurent Troger, who stepped down from the position he held for 15 years at his own request. Di Perna joined the company in 2018, and most recently led the Bombardier... more
200 platforms for hauling more containers by rail
Russia-based United Transport and Logistics Company – Eurasian Railway Alliance (UTLC ERA) has signed an agreement with Belarusian manufacturer OPME for 200 x 80 foot container railcars. The units are due for delivery before the end of April 2019. The total value of the... more
Swiss enterprise snaps up major stake in Sinwa
Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and Thailand. The private Swiss bank, SYZ Capital, has now... more
Dnata raises stake in two freight forwarders
Air services provider Dnata has bolstered its position in the UAE and the international freight forwarding industry by increasing its share in two of its Dubai-based JV companies. Dnata has purchased a 50% stake in Dubai Express, Freightworks and a 25.5% stake in Bolloré... more
Aero Africa opens airfreight market to forwarders
Recently launched Aero Africa is a neutral air cargo and aviation solution provider dedicated to the freight forwarding community. It provides wholesale African logistic solutions and value added services to the global industry including freighter operators, wide bodied... more
Hong Kong – Chancay via Davos
Cosco Shipping Ports, an operator of maritime gateways, is set to acquire 60% of Terminales Portuarios Chancay from the latter’s owner, Volcan Compañía Minera. more
Italy: bottled water to be hauled by LNG trucks
All of the Gruppo Sanpellegrino’s shuttle transport services from its mineral water bottling plant at San Pellegrino Terme to its logistics centre at Madone (Italy), have lighter carbon footprints following the delivery of Scania R 410 LNG powered vehicles. The beverage... more
US terminals upgrading equipment
Port Newark container terminal (PNCT) in New Jersey (USA) recently took delivery of two megamax outreach cranes, and in Eddystone PA, the Penn Terminals have welcomed two new Liebherr super post panamax ship-to-shore (STS) cranes. The cranes for PNCT, the first out of four... more
Krone installs new sales manager
Ansgar Jansen has taken over the sales management of the Krone Commercial Vehicle Group for Germany, Austria and Switzerland. The graduate engineer has more than two decades of sales know-how. Frank Albers, Krone's managing director sales & marketing, declared: "We... more