Hg buys stake in Transporeon 
After nearly three years of successful cooperation, the private equity company TPG Capital is selling its shares in the Transporeon Group to the investor Hg. Transporeon is a provider of cloud-based transport logistics. Hg decided to purchase a stake in Transporeon because... more
ABC mandates ACG to finance a B747-8F
California (USA)-headquartered Aviation Capital Group (ACG), an aircraft operating lessor founded in 1989, has been mandated by Airbridge Cargo Airlines (ABC) to structure, arrange, and provide a guarantee for a senior loan to finance a portion of the airline's purchase price of... more
Haulier joins UK pallet network
Smethwick (UK)-based ICS Distribution has decided to turn its roadfreight and import expertise to pallet network distribution for the first time. The company has therefore joined The Pallet Network (TPN) in the UK. ICS, which specialises in hanging garments, bonded freight... more
Dominique Lebreton appointed foreign trade advisor
Dominique Lebreton, member of the board and director of the audits, projects and marketing department at MGI, has been appointed foreign trade advisor to the French government. Foreign trade advisors are selected based on their abilities and experience in the French export... more
Riga airport has cargo ambitions
With the goal of becoming "a modern and convenient north European hub", Riga Airport (RIX) wound up 2018 with an encouraging increase in its key performance indicators. The volume of cargo handled at the Latvian capital's airport increased by 10.4% to over 27,000... more
Slight upswing for Marseille Fos in 2018
The port of Marseille Fos made modest progress in 2018. The total cargo throughput grew to 81 million t, 1% more than in 2017. Last year, container traffic rose by 2% to 1.4 million teu, and dry bulk volumes surged by 12% to 15.2 million t. With conventional traffic – mainly... more
Ceva Logistics renews partnership with Fincantieri
Ceva Logistics has renewed its partnership with Trieste (Italy)-based Fincantieri for another three years. Fincantieri, one of the world's top ten shipbuilders, builds both commercial and military vessels. The two companies began working together in 2005, and since then Ceva... more
Laurels for UK railfreight operator
Direct Rail Services (DRS), based in based in Carlisle (UK), has received the prestigious Golden Whistle Award for the sixth time running, when the company was officially declared "The best performing railfreight operator". Organised by the Institute of Railway... more
SPC Logistics wins Hoyer representation
SPC Logistics has obtained representation from Hoyer, a major provider of transport services for liquids such as chemicals, foodstuffs and mineral oil. SPC logistics will continue to function as agents for Hoyer within Nicaragua and Costa Rica. Hoyer uses flexitanks and... more
Japanese carriers to end mail codesharing with UPS
ANA All Nippon Airways and Air Japan are to cease mail codesharing with UPS effective tomorrow (2 February 2019). After the merger with ANA in 2010, Air Japan began to operate 217 cargo flights per week with a B767-300F/BCF. The main operating hubs for the cargo flights are in... more