Major chemical player expands in port of Antwerp
Ineos, a London-headquartered group of companies in the chemical business, has chosen the port of Antwerp as the location for a EUR 3 billion investment. The British chemical group plans to build a propane dehydrogenisation (PDH) plant and an ethane cracker unit in the... more
“Curiosity of the Day”
A farmer in Colorado beheaded a cockerel in September 1945. That did not kill the bird and it continued to run round jauntily - something that is not uncommon. However, the chicken managed to live for another 18 months. An examination revealed that its carotid artery had not... more
DSV goes shopping in Basel
Panalpina, a Basel (Switzerland)-based logistics corporation, could lose its independence. The group’s board of directors has received an unsolicited, non-binding takeover proposal from DSV. The Danish company is offering CHF 170 per share in a combination of cash and DSV... more
Bangladesh Railway ordering big locomotive batch
Bangladesh Railway is purchasing 40 new broad gauge locomotives from the US manufacturer Progress Rail. The two companies have signed an agreement covering the deal. The rail service provider has 94 broad gauge locomotives, 55 of which now need replacing. Progress Rail will... more
Golden logistics for all that glitters
The Austrian luxury goods firm Swarovski runs around 3,000 shops worldwide. Before its crystal figurines and jewellery reach clients, however, they have to pass through a logistics centre in Triesen (Liechtenstein). more
Pressing on with trans-Asian railway network
The UN Economic and Social Commission for Asia (UNESCAP) and the Intergovernmental Organisation for International Carriage by Rail (OTIF) have signed a MoU connected to their common wish to develop rail transport in Asia, particularly in Southeast Asia. The development of... more
Turkish Cargo joins Animal Transportation Association
Turkish Cargo has become a member of the Animal Transportation Association (ATA), one of the international organisations which aims to transport live animals under safe and ideal conditions. Members of the non-profit ATA include airlines, freight forwarders, marine... more
Taking next blockchain technology step
The pilot blockchain project that the carrier Zim ran over the last year is now entering its next phase. The blockchain technology-based paperless bills-of-lading platform has been tested for trade activities on multiple shipping lanes since November 2017. Supported by... more
ALC appoints Kirk Coningham as CEO
The Australian Logistics Council (ALC) has appointed Kirk Coningham as its new permanent CEO. He commences his responsibilities at the ALC Secretariat in Canberra. Coningham was the national executive director of the Urban Development Institute of Australia until December 2018.... more
US railway provides solid help to industry
Norfolk Southern (NS) generated more than 60,000 carloads of new rail traffic in 2018 that helped 90 industries locate or expand business operations along the company’s rail lines in the USA. The 72 new and 18 expanded industries across 17 US states represented an investment... more