Redspher boost sales to EUR 300 million
The logistics group Redspher, which is owned by the on-demand transport provider Flash Europe International, generated a turnover of around EUR 300 million in 2018, thereby achieving the sales target it planned for 2020. The group of companies (then known as Flash) registered a... more
Port of New Orleans - new commissioners take charge
The board of commissioners of the port of New Orleans selected a new executive committee in late December 2018. Arnold B. Baker was elected chairman, Tara C. Hernandez as vice-chair and Darryl D. Berger as secretary-treasurer. Baker joined the US port's board in April... more
Rhenus acquires Cesped in Italy
Rhenus Logistics has purchased 100% of the equity share capital of Italy-based Cesped and its related companies. Guido Restelli, MD of Rhenus Logistics in Italy and future member of Cesped’s management board, remarked: “This move offers great potential for further developments... more
Icao looks back on "moderate" 2018
After the sharp pick-up in airfreight growth during the inventory restocking period in 2017, air cargo traffic growth moderated in 2018. That coincided with the softening demand drivers impacted by trade tension and declining import and export orders. Preliminary figures... more
Is world trade gaining ground again?
The container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) came in at 133.7 points in November 2018 (validated). That was a slight... more
“Curiosity of the Day”
Determined to prove his theory that yellow fever was transmitted by mosquito bites, the US medical pioneer Jesse Lazear allowed himself to be bitten by infected insects. His idea was correct – but it caused his death soon after in September 1900. more
FMS Chile operational since December
As a part of its international expansion, the Hamburg-based service provider, Fr. Meyer’s Sohn (FMS), recently opened a new office in Santiago de Chile. The office is headed by Jose Antonio Robledo. The vertical focus will be on consumer products, metals, minerals and forestry.... more
Latam Cargo receives first converted freighter
Only few days before Christmas and one year after Latam Cargo and Boeing signed a contract for the conversion of three B767-300ER (extended range) passenger aircraft to B767-300BCF (Boeing converted freighters), the Latin American carrier received the first converted aircraft.... more
Bergé and Gefco create JV
Bergé and Gefco have closed a joint venture deal to create a major finished-vehicle logistics provider in Spain. The JV - Bergé Gefco - will offer more than 3 million sqm of space for storing up to 120,000 vehicles, along with a fleet of 700 trucks, 100 railcar wagons and 40'000... more
Montreal and Trois-Rivières ink innovative agreement
The port authorities of Montreal and Trois-Rivières in Quebec province (Canada), recently ratified the first-ever cooperation agreement to improve and enhance their respective port services. Focused on sharing information and intelligence and exchanging best practices, the... more