Double-digit growth for tanker container fleet
As of 1 January 2019, the global tank container fleet rose to 604,700 units worldwide, compared to 552,000 on 1 January 2018. The International Tank Container Organisation (Itco) said the increase equated to a 10.8% year-on-year growth. Tank container production was also... more
Continuous growth for DP DHL
Deutsche Post DHL Group continued to grow in the financial year 2018. Group revenue was up by 1.8% to EUR 61.6 billion. All four divisions contributed to the positive trend. Growth was driven by the ongoing boom in e-commerce as well as sustained increases in international trade... more
Slovenian rail carrier expands fleet
Slovenian rail freight operator SZ Cargo has signed a contract to buy four 4-axle diesel-electric shunting locomotives from Czech manufacturer CZ Loko. The investment is part of a gradual and comprehensive programme to enhance the company’s competitiveness. In 2017 and 2018... more
Volker Seefeldt hands over helm to Jan Zeese
Volker Seefeldt is bowing out of the management of the shipping and forwarding agency Neska on 31 March 2019. Jan Zeese will replace him on the company’s board. Seefeldt is relinquishing his position of chairman of Neska’s management so that he can fully concentrate on his... more
Saudia Cargo goes digital with ULD provider
As part of the next phase of its collaboration with Saudi Arabian Airlines, Unilode, the global provider of outsourced ULD, will roll out its state-of-the-art ULD digitalisation programme. The goal is to help Saudia and Saudia Cargo gain a competitive advantage in the market by... more
ICTSI continues on steep upward trajectory
The Philippines-based port and terminal operator International Container Terminal Services (ICTSI) handled a consolidated volume of almost 9.74 million teu in 2018, 6.4% more than the 9.15 million teu in 2017. The volume increase was mainly due to continuous improvement in... more
New regular train services from Poland to Turkey
Rail Cargo Group (RCG) has formed a partnership with SPEDCONT to provide transhipment services on the new Poland-Turkey connection. After a successful trial period, the companies now operate regular weekly services in both directions. SPEDCONT also offers drop-offs of... more
USD 31.3 million net income for Descartes
The Descartes Systems Group has announced its financial results for the full fiscal year ended January 31, 2019. Revenues were up 16% to USD 275.2 million, compared to USD 237.4 million in the previous fiscal year. Income from operations amounted to USD 41.4 million, up 15%... more
“Curiosity of the Day”
With no fixed recipe, chicken tikka masala is a British dish “invented” in 1963 in the Shish Mahal curry house in Glasgow's West End. more
Heléne Mellquist to preside over Volvo Trucks Europe
Heléne Mellquist, currently president of Volvo Trucks International, has been named president of Volvo Trucks Europe, as from 1 April 2019. She succeeds Roger Alm, who was appointed president of Volvo Trucks on 1 January 2019. Mellquist has been at the helm of Volvo Trucks... more