Swiss Post suffering 
2018 was full of woes for Swiss Post. The service provider was forced to repay more than CHF 200 million to the confederation and cantons for unlawfully subsidised public bus services. In addition, the Postfinance (bank) ebit shrank by more than 50%. The 2018 group revenue... more
Cats ‘n’ dogs reign in Spain 
From its multi-client centre in Guadalajara XPO Logistics manages all of the logistics needs in Spain and Portugal of Zooplus, an online German pet supplies retailer. The Munich-based company is growing rapidly on the Iberian Peninsula. more
Last of twelve new locomotives handed over
Czech Railways has received the last of the twelve EffiShunter 300 locomotives ordered from the Czech manufacturer CZ Loko. The railway is using the new units for shunting at stations and depots throughout Czechia. Czech Railways purchased the EffiShunters as a substitute... more
ATSG flying high with Amazon
Air Transport Services Group (ATSG), a US provider of wide-body aircraft leasing, air cargo transportation and related services, posted adjusted ebitda of USD 312.1 million in 2018, a 16% increase vis-à-vis 2017. 2018 was the company’s second straight year of double-digit... more
Goddess Hammonia hears call of Scandinavian princes
The Scandinavian investors Ness Risan and Partners (Norway), and the former owners of the Containerships Group (Finland), have taken acquired all the shares of the Hammonia shipping company. The Ernst Russ Group and the company, Peter Döhle Schiffahrts KG, have sold their... more
Kögel creates and fills new position
Sebastian Volbert was recently recruited as head of financial services by the German trailer maker Kögel. The company created the new position in order to strengthen its market position and promote internationalisation. Kögel will focus on an entirely new financing, leasing... more
Construction industry places new order
Logistics provider Wincanton has extended its contract to manage the distribution of Marley’s products across six UK-wide sites until 2023. Marley provides pitched roofing solutions for customers in the construction industry, including concrete and clay tiles and fittings,... more
Ntex builds up its trade with France
The Swedish logistics services provider Ntex has taken over France Sped, a forwarder headquartered in Gothenburg that specialises in transport services to France and Belgium, a segment Ntex would like to expand. France Sped was founded in 1990, has seven employees and... more
Seaports of Niedersachsen on solid path in 2018
Lower Saxony’s nine seaports handled around 50 million t of seafreight in 2018, a slight decrease compared to the 53 million t in 2017. However, the upward trend in the general cargo and container sector continued. The 2018 tonnage rose by another 9.7% to 14 million t,... more
UK radiologists about to stare at nothing
In the event of a no-deal Brexit, the UK's major radioisotope suppliers have committed to six-month airfreight contracts as a contingency to allow them to increase the quantity of products flown in, rather than run the risk of road transport delays. The Royal College of... more