ICTSI's financial discipline pays off 
In FY/2023, International Container Terminal Services, Inc. (ICTSI) reported a net income of USD 511.53 million, a 17% decline from the previous year, primarily due to non-cash impairment charges. However, excluding these charges, the recurring net income rose by 7% to USD... more
More belly capacity in less than three months
Starting 3 June 2024, Dubai-based Emirates will launch a new daily B777-300ER service from its hub to Bogotá, via Miami, complementing its scheduled services to São Paulo, Rio de Janeiro and Buenos Aires. As well as connecting Colombia with the UAE, the new services will... more
Automated future at Sines
PSA Sines in Portugal has introduced six new fully automated rubber-tired gantry cranes (aRTGs), as part of its transition towards fully automated yard equipment. Added to the existing twenty-nine, the new units will be used to enhance productivity, safety, and sustainability at... more
Seaports appoints interim MD
The marketing company of the seaports of Lower Saxony has announced changes in its leadership which will come into effect next month. Managing director Andre Heim is leaving on 31 March 2024 at his own request to take on a new role outside the company. The new interim... more
Ukraine/Turkey extend visas for goods transport
The extended agreement applies to visa-free bilateral goods transports and transit traffic between the two countries and is to remain in force until at least the end of the war in Ukraine. According to the Ukrainian ministry of transport, 15% of exports from Ukraine to... more
Building a European transport network
The Mosolf Group is now working with Apcoa, a European car park operator, to expand its urban logistics services and create hand-over zones for its customers. The group will use Apcoa's infrastructure and network of urban hubs to enhance its delivery services and bring the... more
A strategic partnership for cargo handling
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has signed a strategic partnership agreement with Worldwide Flight Services (WFS), a member of the Sats Group, for cargo handling services at twelve major international airports in Europe, Scandinavia, North America,... more
A promotion and a recruitment
Transport and logistics provider DB Schenker has appointed Matilde Torquemada as CEO of its branch in Iberia. Torquemada has led the company’s commercial team as a member of the management committee for the last two years. A graduate in economics and business administration,... more
Granting access to CPKC facilities
Fastfrate has renewed and enhanced its agreement with Canadian Pacific Kansas City (CPKC). The deal strengthens and expands the position of Canada Drayage (CDI), a coast-to-coast drayage provider belonging to the Fastfrate Group. Fastfrate and CPKC will invest in the latest... more
EV battery regulations required
In an effort to reduce supply chain costs and the risk of storage issues, Danx Carousel’s CEO is calling upon the EU to standardise regulations on electric vehicle batteries. Klaus Rud Sejling is concerned about the storage and transport of EV batteries as the number of hybrid... more