New ownership for V. Group 

V. Group, a global maritime services provider, announced that a consortium led by Star Capital, including Ackermans & van Haaren, will acquire the company from Advent International, pending regulatory approval expected by early autumn 2024. This acquisition aims to... more
Road safety: start practicing early 

Dachser recently took part in the “Road Safety Workshop for Children” in Himberg near Vienna in Austria. The event was organised by the freight transport industry section of the Lower Austrian Chamber of Commerce (WKNÖ) and aimed to inform children about the importance of truck... more
"Curiosity of the Day" 
The mineral oil and natural gas company Shell began as a small shop in London in 1833 - selling, among other things, shells, which were imported from the Far East and popular at the time for decorating boxes or as collector's items. more
SLSMC welcomes president 

The St. Lawrence Seaway Management Corporation’s (SLSMC) board of directors has appointed Demetrios (Jim) Athanasiou as the corporation’s next president and chief executive officer, effective 12 July 2024. He replaces Terence F. Bowles, who is retiring as the longest serving... more
Hanjin extends European reach 

The Korean conglomerate Hanjin Logistics plans to expand its European network with seven new branches by 2027 and thus strengthen its share in regional markets. Currently, Hanjin Group’s logistics unit operates a subsidiary in Czechia as well as four branches in Germany,... more
China leads in seafarer pay increases 

China has experienced the highest increases in seafarer wages among the main seafaring countries in recent years, according to Drewry's latest manning annual review and forecast report. As the second-largest supplier of seafarers to international merchant shipping,... more
Air cargo key for supply chain 

South Africa’s e-commerce sector has experienced impressive growth in recent years too, thanks also to increasing demand for online shopping opportunities, the expansion of digital platforms and improvements in logistics and payment systems. Here’s ITJ correspondent Thola... more
116 yaks fly first class aboard a B747-400F 

Silk Way West Airlines recently demonstrated its expertise in the transport of live animals. At the request of Azerbaijan’s ministry of agriculture, the cargo airline was commissioned to fly 116 yaks from Kyrgyzstan to Azerbaijan. No sooner said than done; a few days ago the... more
MSC to digitalise freight contracts with Nyshex 

MSC has partnered with New York Shipping Exchange (Nyshex) to digitalise the performance monitoring of its ocean freight contracts. Nyshex's platform will give MSC real-time insights into its contracts, monitoring key terms, allocations, and service levels, and comparing this... more
Ruscon starts India - Russia overland service 

With the new regular direct transport service, Delo Group’s affiliate Ruscon will deliver prefabricated cargo in containers from the Indian port of Nava Sheva near Mumbai to the Russian terminal in Novorossiysk in the Black Sea region. Ruscon will then distribute the... more