Takeover almost completed
The French shipping group CMA CGM has almost completed its acquisition of Ceva Logistics. According to Reuters, the carrier has obtained an 89.47% stake in the Switzerland-based logistics provider after the deadline for the first takeover bid expired. CMA CGM offered... more
New vessel to speed up FRS service
The FRS group is introducing a new vessel to operate the Melilla - Motril route. The ro-pax ship, "Golden Bridge", will start operations on the line next May. The vessel, with an overall length of 186 m and beam of up to 24 m, can make the Melilla - Motril crossing in... more
US ports select Díaz-Balart as ‘port person’ for 2019
The American association of port authorities (Aapa) has selected Congressman Mario Díaz-Balart as 2019’s “port person of the year” for his stalwart advocacy of the port industry. “During more than 16 years in the house of representatives, Díaz-Balart has consistently... more
Contract awarded for 100 daily deliveries across UK
In UK, Wincanton has won a three-year contract with health, beauty and household brand distributor DCS Group, involving nationwide transport, delivery and management of inter-site transfers of finished goods and stock. Making around 100 deliveries per day, Wincanton will... more
Different ways to St Petersburg
Since 2015, DFDS has been running its freight ferry service between Kiel (Germany) and St Petersburg (Russia) on a slot-charter basis in cooperation with Finnlines. In September 2017, DFDS streamlined its services from Kiel by cancelling its Ust-Luga call. From then on, the... more
Royal Air Maroc joins Cargo iQ community
Royal Air Maroc (RAM) has become the latest airline to join Cargo iQ, signing up at Iata's World Cargo Symposium (WCS) in Singapore last week. RAM, which is headquartered at Casablanca airport, joins more than 80 other members of this Iata interest group that includes... more
Alberto Nobis confirmed as new CEO DHL Express Europe
DHL Express has appointed Alberto Nobis as its new CEO for Europe, paving the way for his return to the company’s global management board. Nobis was global CFO for DHL Express from 2009 to 2012 before relocating to Italy, his home country in 2013. As CEO DHL Express Italy,... more
Kick-off for stage two of the UAE rail network
Stage two of the UAE’s national rail network to connect Ruwais (UAE) with Ghuweifat on the UAE border with Saudi Arabia has been initiated. At a ceremony, the state-owned railway operator Etihad Rail signed a contract with the JV of China’s CSCEC and South Korea’s E&C for... more
Timocom notes greater use of exchange platform
Timocom, a provider of an electronic marketplace for the transport sector, continues to expand. Sales jumped by 10% or EUR 6.7 million to EUR 74.6 million last year, and the number of users who used the IT platform to handle their transport requirements rose to a record 130,000.... more
Monday's the day for new Chicago - Sydney service
DB Schenker has launched its "direct express – Australia" service using the 102 t cargo capacity of a B777-300F which a non-specified airline partner schedules every Monday from Chicago IL (USA) to Sydney. "No other freight forwarder provides a faster... more