Finnlines sails in green waters - and earns
The Finnlines Group boosted its 2018 profit by 13.1% or EUR 12.5 million, lifting it to EUR 95.1 million. Revenue increased to EUR 589.4 million, 9.9% more than in 2017. Cargo volumes remained strong in Q4/2018. The shipping company continues to adhere to its EUR 200 million... more
Rituals selects Arvato for US e-commerce fulfilment
Arvato SCM Solutions began operating the e-commerce fulfilment for Rituals Cosmetics US online business some weeks ago. The services delivered by Arvato’s consumer products business unit are implemented and managed at the centrally-located Arvato multi-client distribution centre... more
Iata appoints new regional VP North Asia
The International Air Transport Association (Iata) is appointing Ma Tao as its regional vice-president (RVP) for North Asia. Ma joins Iata from the Civil Aviation Administration of China (CAAC) where he is currently head of the airworthiness certification centre. Ma will be... more
New rail service between Belarus and Romania
Belintertrans, the transport-logistics centre (BTLC) of Belarusian Railway, will introduce a regular container train service from Belarus to Romania. The journey will take 39 hours. Partners are Rail Cargo Logistics (Slovenia) and Zakhid Trans Service (Ukraine). The first... more
“Curiosity of the Day”
Starting out in the 1920s as the Swallow Sidecar Company, the British organisation moved from motorbikes to cars in the 1930s, calling themselves the SS Car Company. World War II rendered this name a no-no, so Jaguar was picked at random from a list of swift animals. more
Pact between Gefco and System Alliance
Gefco Germany is to become a partner of the general cargo cooperation System Alliance. The Gefco location in Mainz is taking over the production area of Hellmann Worldwide’s branch office in Nieder-Olm. The move is intended to reinforce Gefco's presence in the Rhine-Main region,... more
AF KLM Martinair Cargo posts 2018 results
AF KLM Martinair Cargo recently tabled its results for 2018.In a context of stable cargo network capacity, revenues grew to EUR 2.88 billion, a 6.4% increase at constant currency compared to 2017. Scheduled cargo revenues rose to EUR 1.99 billion, a 5.3% increase at constant... more
Brazilian presence in the USA
US president Donald Trump does not want more Latin Americans in the USA. But a programme launched by Correios, the Brazilian post office, called Compra Fora (buying abroad) will benefit both US companies, Miami airport, the scheme’s launch pad, and Brazilian e-commerce... more
Takeover promotes tank business across eastern USA
TFI International has acquired Schilli, a company that specialises in the transportation of dry and liquid bulk and offers dedicated fleet solutions and other services throughout the Midwest, Southeast and Gulf Coast regions of the USA. With more than 400 employees, Schilli... more
Inland port of Passau gearing up
A new LHM 420 mobile harbour crane has officially commenced operations at the inland port of Passau (Germany). The hoisting equipment is able to handle single loads weighing up to 120 t – almost double as much as its predecessor. The crane is suitable for lifting bulk, general... more