Elsen overshoots the EUR 100 million turnover mark
The Elsen Group generated turnover of EUR 103 million in 2018, 11% more than in 2017. Strong growth in the group’s logistics operations business field made a major contribution to the increase. This year Elsen plans to open a site in the Göttingen region (Germany) and expand its... more
Scotland's airports one month before Brexit
According to a study by York Aviation, Glasgow Airport (GLA) currently contributes EUR 1.65 billion to Scotland’s economy. The sum is expected to rise to EUR 2.9 billion by 2040. However, the difficult-to-estimate consequences of the UK leaving the EU have not been taken into... more
USA: going intermodal between LA and Ohio
Burlington Northern Santa Fe Railway (BNSF) is expanding is intermodal service offer. The US class I railroad has introduced a direct rail intermodal service connecting Los Angeles CA and the Ohio Valley region. The new service provides access to some of the fastest growing... more
Hapag-Lloyd in the mood
The US rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3 from Caa1. The outlook remains stable. The improved rating acknowledges Hapag-Lloyd’s progress in integrating UASC while reducing... more
“Curiosity of the Day”
The 5,400 km long Dingo Fence in Australia is the world’s longest fence. It is made of wire mesh and is intended to protect sheep flocks from dingoes. more
New managers for American Airlines Cargo
American Airlines Cargo has appointed several new leaders, some of whom will join the airline's cargo team for the first time. Lorraine Chin has joined the cargo team as general manager, cargo operations at Los Angeles International Airport (LAX). On the east coast, Brian... more
JV between Kerry Logistics and E-Services Group
Kerry Logistics is establishing a new joint venture with E-Services Group, an Asia-based international e-commerce company. The JV will strengthen global e-commerce fulfilment capabilities, especially in the Greater China region. The joint venture, Kerry ESG, will combine... more
Abu Dhabi: pact for new rail logistics facilities
UAE-based Etihad Rail has signed a MoU with Zones Corp to establish railway and logistics facilities within Abu Dhabi's industrial city (ICAD). The projects will serve industrial entities in the ICAD and Mussafah, and provide a point of departure for goods bound for Saudi... more
Emirates - 20 years of ops to Lahore and Islamabad
Emirates is celebrating 20 years of operations in Lahore and Islamabad, two of Pakistan’s most populous cities. The locations are important cargo destinations for the airline as it carried over 123,962 t of cargo in the last five years. Key exports and imports include fresh... more
Great Yarmouth upgrades port equipment
The port of Great Yarmouth has received a new crane with an 84 t lifting capacity for handling larger cargoes on England's east coast. The LHM280 crane – purchased from Liebherr by the port owner Peel Ports Group, – also shortens loading/unloading processes. For the offshore... more