Europa Capital acquires Dutch logistics asset
The real estate investment company Europa Capital has purchased a logistics warehouse in Oss (Netherlands) from a private seller for EUR 28.3 million. The 51,502 sqm property is fully leased to XPO Logistics and located in the southeast of the country close to major German and... more
Pemco rolls out new conversion programme
Chisholm Enterprises, a provider of tailored aviation and business solutions in the Middle East, will be the launch customer of a new Boeing B737-700 next generation aircraft passenger-to-full freighter conversion programme announced by Pemco Conversions, a wholly owned... more
USA: forging ahead with Carolina Lines project
The US shortline railroad operator R. J. Corman and Horry County government in South Carolina, recently started to press ahead with the USD 17.5 million Carolina Lines refurbishment project, which is expected to take four years. R. J. Corman purchased the former Carolina... more
Port of Switzerland hoists container flag high
Port of Switzerland, operator of inland ports on the River Rhine, has tabled its 2018 figures. They show that the river’s prolonged low water period had a negative impact on the results. Up to H1/2018, the company was expecting a new turnover record – but then extremely low... more
West Atlantic to change CEO
The board of West Atlantic and its CEO have decided to change the company's leader. CEO Fredrik Groth will step down immediately and be replaced by Lars Jordahn. During Groth's leadership over the past three years, the company grew significantly, increasing revenue by almost... more
Revenue over USD 5 billion for YRC Worldwide
The Kansas (USA)-based logistics provider YRC Worldwide reported consolidated operating revenue of USD 5.092 billion for full-year 2018, while consolidated operating income amounted to USD 147.2 million, which included a USD 20.8 million net gain on property disposals. ... more
Toll Group unveils high-tech control room
The Toll Group has introduced its first ever Australian control room in Melbourne. It will improve safety and raise the efficiency of deliveries throughout Australia. The control room, the new nerve centre for the group’s national road network, is responsible for monitoring... more
Turkish Cargo's first steps at future home base
Turkish Cargo has carried out the first air cargo transport services from Istanbul Airport. The commercial A321 inland flight from the new airport to Ankara took place on 4 February. Another flight - this time an international one with a B737 - went from Istanbul to Lefkoşa... more
Saudia Cargo touches down in Cairo and Jo'burg
After an eight week renovation period, Saudia Cargo has inaugurated its newest sales office at Cairo Cargo City inside Cairo International Airport. The facility, one of the carrier's most important outlets due to the number of flights between the two countries, enables the... more
“Curiosity of the Day”
The world’s largest hand-woven carpet measures around 5,630 sqm and can be found in the Sheikh Zayed Mosque in Abu Dhabi (UAE). more