Modest progress at HHLA in 2018
The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot up by 18% to EUR 204 million. HHLA’s container... more
Imperial logistics puts emphasis on automotive
South Africa-based Imperial Logistics has appointed Holger Wilhelm to the newly-created post of executive vice-president - automotive. Based in Zurich (Switzerland), he reports to the newly appointed Imperial Logistics International CCO Sandro Knecht. Wilhelm has held a... more
US short line railroad operates coal hub in Virginia
Kanawha River Railroad (KNWA), part of Watco Companies, has taken over coal car loading on the former Winifrede Railroad, now known as the Big Eagle Railroad, located in West Virginia (USA). The 12 km long Winifrede Railroad, originally built to haul coal, was incorporated... more
Iata certification for Rhenus Amsterdam
Rhenus Air & Ocean has obtained the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification from Iata for its Amsterdam Schiphol branch in the Netherlands. In 2018, Rhenus started to review its procedures for the handling... more
“Curiosity of the Day”
You can take out alien abduction insurance in the USA. It costs about USD 160 per year. more
Sudden reshuffle at Bombardier Transportation
Danny Di Perna has been appointed president of Bombardier Transportation with immediate effect. He replaces Laurent Troger, who stepped down from the position he held for 15 years at his own request. Di Perna joined the company in 2018, and most recently led the Bombardier... more
200 platforms for hauling more containers by rail
Russia-based United Transport and Logistics Company – Eurasian Railway Alliance (UTLC ERA) has signed an agreement with Belarusian manufacturer OPME for 200 x 80 foot container railcars. The units are due for delivery before the end of April 2019. The total value of the... more
Swiss enterprise snaps up major stake in Sinwa
Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and Thailand. The private Swiss bank, SYZ Capital, has now... more
Dnata raises stake in two freight forwarders
Air services provider Dnata has bolstered its position in the UAE and the international freight forwarding industry by increasing its share in two of its Dubai-based JV companies. Dnata has purchased a 50% stake in Dubai Express, Freightworks and a 25.5% stake in Bolloré... more
Aero Africa opens airfreight market to forwarders
Recently launched Aero Africa is a neutral air cargo and aviation solution provider dedicated to the freight forwarding community. It provides wholesale African logistic solutions and value added services to the global industry including freighter operators, wide bodied... more