Krone overshoots EUR 2 billion turnover mark
Despite the somewhat taxing conditions in the agricultural machinery and commercial vehicle sectors, the Krone Group registered bumper sales of EUR 2.1 billion in FY 2017/2018 (1 August 2017 - 31 July 2018). The new record turnover came in well above the EUR 1.9 billion turnover... more
Crew fighting fire on "Yantian Express"
The Hamburg-headquartered carrier Hapag Lloyd has announced that an incident occurred the "Yantian Express". On 3 January, a fire broke out in one container on the deck of the vessel and spread to additional containers. While the crew of eight officers and 15 seafarers... more
Balkan rail upgrade progressing
The modernisation of FYR Macedonia’s railway infrastructure will be able to make more progress. The EU has signed a grant agreement for a further EUR 68.6 million with Macedonian railway. The money will be used to co-finance the construction of 34 km of the rail network from... more
Saudia Cargo flies in event material from Europe
Saudi Airlines Cargo Company recently transported 400 t of equipment and supplies for the internationally renowned Cirque du Soleil. The shipments were flown by four B747-400 freighters from the Croatian capital Zagreb (photo) to Riyadh, for the year-end performances. Saudia... more
Port of Dunkirk automates customs clearance
The long shadow cast by Brexit also falls on the French side of the Channel. The Regional Directorate of the Customs Authorities in Dunkirk has now authorized customs clearance round the clock in the port of Dunkirk. The freight forwarding company DSV, which made the... more
KN expands pharma chain network in Slovenia
Kuehne + Nagel (K+N) has opened a dedicated pharma & healthcare warehouse in Slovenia. The new facility, located close to Ljubljana airport, will distribute finished products worldwide and will also be used to store and distribute production materials for the pharmaceutical... more
PD Ports: Short sighted vision threatens UK’s growth
PD Ports has criticised the UK government’s decision to make no provision for freight for the planned GBP 3 billion (EUR 3.3 billion) trans-Pennine rail upgrade between Leeds and Manchester. The reported decision is both unwelcome and deeply troubling for the economy and... more
Welsh food for Middle East
The Welsh temperature-controlled storage and distribution company Wild Water Group (WWG), has appointed GAC as its international freight forwarding partner, as from 2019. Under the alliance agreement, from this month (January), GAC will provide a range of freight forwarding... more
Moore Stephens: green times looming on horizon
The London-based accountant and shipping adviser Moore Stephens is positive about the financial future of shipping. The industry will continue to attract investors in 2019 if it fulfils its environmental, social and governance (ESG) responsibilities, said Richard Greiner, a... more
Angus Procter elected as Wet FFABA chairman
Angus Procter of Braemar ACM-GFI has been elected as chairman of the Wet FFA Brokers Association (FFABA). He replaces Pat Donnelly, who has chaired the trade body since 2017. Founded in 1997, FFABA is the worldwide association for Forward Freight Agreement (FFA) broking... more