“Curiosity of the Day” 
The smallest flying insect is the African parasitic wasp, which at 0.129 mm is smaller than the eye of a housefly. more
Ceva cuts debts and raises revenue 
Ceva Logistics has reported its results for Q4/2018 and full year 2018. Revenue rose to USD 7.35 billion in 2018, 5.2% more compared to the previous year. The group’s ebitda was USD 198 million in 2018 with an ebitda margin of 2.7%. Net debt was down to USD 1.19 billion as... more
Air New Zealand and Red Cargo to interline
Red Cargo Logistics, the cargo and logistics platform of Malaysia-based Air Asia, has signed an interline agreement with Air New Zealand to expand and provide market access to its respective cargo businesses. The partnership, the first of its kind for Red Cargo, provides shared... more
K+N banks on improvements via eTouch up to 2022
The strategy of the forwarding & logistics giant Kuehne+Nagel (K+N) remains multifold, as CEO Detlef Trefzger and CFO Markus Blanka-Graff pointed out during the company's annual press conference in Schindellegi (Switzerland). The 2018 turnover came in at just below the... more
Exports in the front row
State-owned CP sold its railfreight subsidiary CP Carga to MSC in 2015; great criticism followed in 2016, when the firm was renamed Medlog, or Medway in Portugal. The reinvigorated entity is now investing massively in Vila Nova de Famalicão. more
Ownership change for US short line freight railroad
United Rail has acquired the New England Southern Railroad (NES), located in Concord NH (USA). NES, a short line railroad operator, provides rail transport services including transloading, private industrial rail car switching and rail car storage. NES leases and operates... more
APL introduces cargo monitoring system
Cargo monitoring is becoming increasingly important. Given this, APL recently unveiled Traxens to offer near real-time data of the movement and condition of the cargo it transports. The initiative is consistent with the CMA CGM Group’s customer centric strategy, which was the... more
Major facility expansion at Canadian airport
KF Aerospace, a Canadian company which provides maintenance and engineering services and operates cargo feeder services to British Columbia, is adding a CAD30 million (EUR 20 million) extension to its aircraft maintenance, repair and overhaul facility at Hamilton airport (YHM),... more
DHL building new parcel centre near Berlin
The Deutsche Post DHL Group is building a new parcel centre in Ludwigsfelde, to the south of Berlin. The 37,000 sqm facility will be equipped with innovative sorting technology so that up to 50,000 packets and parcels per hour can be processed by mid-2021. The site – the... more
Partners making CV exhaust systems in India
Eberspaecher Exhaust Technology International and Sharda Motor Industries have signed an agreement for an India-based 50:50 joint venture. The new JV Eberspaecher Sharda Exhaust Technology will develop, produce and sell exhaust aftertreatment systems for Indian commercial... more