Hapag-Lloyd banks on continuity
The supervisory board of the liner shipping company Hapag-Lloyd has approved an early renewal of the contract of chief executive officer (CEO) Rolf Habben Jansen, which runs until 31 March 2027, for five years, until 31 March 2029. It has also agreed to extend the contract of... more
A tool to assess GHG impact
The Berlin-based software developer Zero 44 has launched its "fuel EU maritime calculator" to help shipping companies assess the financial impact of the upcoming fuel EU maritime regulation. The tool estimates the greenhouse gas intensity of a ship's fuel consumption... more
Taking the cold chain to Toledo
Logista Parcel recently opened a 5,700 sqm site at a local industrial estate in Toledo, Ohio as the next step in the company’s expansion of its temperature-controlled transport network in the USA. The hub comprises chambers/refrigerated areas totalling 2,522 sqm and office... more
Big Singapore interest in Stockholm
Singapore-based aviation services group Sats has announced that its wholly owned subsidiary, WFS Sweden, is planning to acquire Terminal & Transporttjänst i Sigtuna and APH Logistics for SEK 94 million (approximately EUR 8.4 million). The transaction is subject to regulatory... more
A storage facility near the Ural Mountains
The multimodal operator RZD Logistics (RZDL) is opening a temporary storage facility on the site of the "Dry Port Tchaikovsky" container terminal in Perm near the Ural Mountains. RDZL and the container owner Kvadrat signed an agreement to this effect at the... more
Greek buyers lead capesize surge
Dry bulk shipping values are on the rise, with capesize earnings reaching the highest seasonal levels since 2010, Veson reports. The sector has seen substantial value increases in all ages and size categories, particularly in the capesize and supramax segments. For instance,... more
Sennder strengthens leadership team
Susanne Schroeter-Crossan will scale the digital forwarder's finance, ESG and corporate governance departments. She has many years of experience in the financial sector, financial planning and in the management of listed companies. Schroeter-Crossan is a member of the... more
New presence in Liège
Cooperation agreement between Saudia Cargo, Cainiao, WFS. Delivered as booked at Liège airport! Three partners presented a new e-commerce business model there for the air cargo supply chain on 1 March. The cooperation agreement was already sealed in Jeddah in November last year... more
Intermodal terminal in Hamilton in operation
Toronto Tank Lines (TTL), part of TFI International, has opened a new rail transload facility in Hamilton in Ontario, Canada. Spanning over a 28,300 sqm site, the rail hub can accommodate up to 70 railcar spots, most of them 100% truck accessible. Situated on the premises of... more