More business in retail beyond obvious candidates
It does't necessarily have to be China and India all the time. The Chicago-founded consultancy Kearney draws a number of conclusions from its latest Global Retail Development Index (GRDI) and sees the global retail landscape "at the crossroads." The report is a... more
30 energy efficient locos for Brazil
The Brazilian provider MRS Logistica has signed an agreement with the manufacturer Wabtec for 30 new Evolution Series locomotives. The deal is valued at BRL 500 million (EUR 93.4 million) and the first deliveries are scheduled for 2024. These additions will allow MRS to... more
Another Dubai hub for FedEx
FedEx Express has opened a new hub at Dubai World Central Airport as part of its USD 350 million investment plan for its expansion in the UAE. The new site has been dubbed Meisa as it serves the Middle East, the Indian Subcontinent and Africa. It will not only increase FedEx’s... more
Asia's first biofuel barge sets sail
Vitol Bunkers has acquired its first specialised bunker barge, the "Marine Future", in Singapore, enhancing its presence in Asia's growing biofuel bunker market. This IMO type 2 notation tanker can supply biofuel blends like B24, B30, and up to B100, in accordance with... more
Cutting carbon emissions by 90%
Hoyer has ordered 165 DAF XG 480 4x2 tractors to renew its fleet. To be delivered in the coming months, the new trucks will be stationed in Germany, the Netherlands, and Poland and be deployed for services throughout Europe. They are equipped with the latest safety systems and... more
Sennder picks new COO
The European digital road freight forwarder Sennder has added a high-profile executive to its management team: Katherine Boesen assumed the newly created position of chief commercial officer (CCO) in February 2024. This appointment is part of Sennder's strategy to expand its... more
Antonov Airlines still performing worldwide
Tomorrow, 24 February 2024, marks the second anniversary of the Russian invasion of Ukraine. Although the Eastern European country is considering a resumption of civil air traffic, its realisation is still far from being on the agenda. Meanwhile, Antonov Airlines continues... more
Los Angeles starts 2024 on a high note
The port of Los Angeles handled almost 856,000 teu in January this year. While loaded imports went up to almost 442,000 teu (19% more compared to January 2023), loaded exports did even better. The 126,554 teu in the first month of 2024 represented an increase of 23% compared to... more
Four facilities, two ports
In an acquisition near two major West Coast ports, Centre Point Properties has added four buildings to its portfolio. The company is moving into the South Bay industrial submarket, which is located near the ports of Long Beach and Los Angeles. It now manages 30 total assets and... more
Scheduled direct train launched in Russia
Transcontainer and Global Ports (both part of Delo Group) have introduced a service to transport imports from Nakhodka (Southeast Russia) to Kazan (Southwest Russia). The new train will load containers arriving from Asia-Pacific countries in Vostochny port. The estimated travel... more