ID Logistics grows at home and abroad
Logistics revenues for 2018 came to EUR 1.41 billion up 9.3% year-on-year. The pace of the French company’s growth picked up in Q4/2018, with revenues rising to EUR 374 million, up 12.8% y-on-y. In France, growth accelerated during Q4 to 10.7% and revenues grew by 8.4% over... more
US action against two Iranian airlines and an Armenian GSA
The US Department of the Treasury’s Office of Foreign Assets Control (Ofac) took action against the Iranian Qeshm Fars Air linked to designated Iranian airline Mahan Air and Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), and Flight Travel, an Armenian GSA... more
40 containers on the rail route from China to Italy
A new rail journey began when the first ever regular westbound train to directly link China with Italy left the Chinese city of Chengdu last Saturday (26 January), carrying 40 containers. It is due to arrive at Contship Italia’s Rail Hub Milano terminal in 18 days’ time. The... more
Global container trade remains bullish
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) largely as well as surprisingly recovered in December 2018 from its decline in November. It rose from (revised) 134.0 to 135.3 points,... more
SBB Cargo and DB Cargo continue their cooperation
Ahead of time, SBB Cargo and DB Cargo have jointly extended their alpine transit contract for a further three years. The contract will come into effect at the change of timetable at the end of the year and will govern cross-border traffic from Mannheim, Singen or Basel to... more
Good things come...
The two lines Mediterranean Shipping Company and Ignazio Messina & C. have said that a transaction they have agreed upon, due to be implemented soon, represents the best-possible solution for both partners. The largest obstacle to MSC taking over parts of Messina seems to have... more
USA: new rail hub to serve west Texas mine
Vista Proppants and Logistics has started to operate its new transload terminal in Texas to facilitate the enhanced delivery of frac sand into the Midland and Delaware Basins of the Permian Basin. The terminal, which is located near Vista’s West Texas mine in Monahans... more
L.I.T. Group integrates forwarder Hölkemeier
The Minden (NRW/Germany)-based forwarding company Hölkemeier Spedition is being integrated into the L.I.T corporate group. The two enterprises are bundling their know-how to promote domestic and international growth. L.I.T. is also reinforcing its presence in eastern North... more
Bremenports preparing more space for BLG
The German port operator Bremenports has announced that a triangular tract of land close to the Weserport quay in the eastern port zone is to be newly developed in the near future. The just over 2 ha-sized fallow plot is one of the last that is available for expansion... more
Completion of world's largest jet engine test cell
After breaking ground at its main base in Atlanta GA (USA) nearly 18 months ago, Delta Air Lines completed the construction of the world's largest jet engine test cell this month. Standing 14.6 m tall, with inlet and exhaust sections measuring 20.1 m and 23.8 m respectively,... more