Expanding at JFK airport
Kuehne + Nagel’s facility at the JFK International Airport has seen a major expansion with the addition of temperature-controlled areas and more warehouse space, strengthening the logistics provider’s capabilities at the airport. The company has enlarged an existing space of... more
Promotions at MOL
Mitsui O.S.K. Lines (MOL; president & CEO: Takeshi Hashimoto, pictured) has decided on the following changes in its executive staff. The changes concering directors and auditors will be announced around the end of March 2024, subject to the approval of the shareholders at... more
First of two 737-800 freighters for KQ Cargo
GA Telesis (“GAT”), a provider of integrated aviation services, has announced the first of two deliveries of Boeing 737-800SF freighters to Kenya Airways. The aircraft is part of the GA Telesis owned fleet and was delivered to Kenya Airways as part of a two aircraft transaction.... more
Ranking shipowning nations: who leads?
Vessels Value has revealed the top ten shipowning nations, showcasing shifts in asset values and ownership strategies over the past year. Japan leads with a fleet worth USD 206.3 billion, growing by 5%, particularly in the tanker sector. China follows closely with a fleet value... more
Albania to rehabilitate over 120 km rail line
The European Bank for Reconstruction and Development (EBRD) and the EU are scaling up their support for Albania’s railways with a EUR 98.75 million loan. This will allow Albania to rehabilitate and to electrify the Vore-Hani i Hotit railway line. The line is over 120 km long... more
Building a base at Bremerhaven
Lineage, an industrial real estate investment trust, is planning to strengthen its network in Germany and expand its cold chain with a new facility in Bremerhaven's fishing harbour. Work on the new site, which is expected to cover 19,000 sqm, has already begun. The location... more
Changi inks agreement in Angola
Changi Airports International (CAI), a global airport consultant, manager, and investor, and Sociedade Gestora de Aeroportos (SGA), an airport management company under Angola’s ministry of transport, signed a two-year technical partnership agreement on 18 February 2024. The... more
New impulses for corporate management
As a major step in its strategy for the future, Schwarzmüller Group has created two new management posts and appointed Daniela Lorenzer (middle) as chief financial officer (CFO) and Maik Spindler (left) as chief sales officer (CSO). “The management of Schwarzmüller Group is... more
"Curiosity of the Day"
The number of hairs varies depending on the colour of hair: Blondes have an average of 140,000 hairs, brunettes 100,000 and redheads 80,000. more
The major trends
Latin American logistics sector leeward of global ruptures. For 30 years the analysts at the market research institute ‘America’s Market Intelligence’ have tracked and traced the various developments of the transport and logistics sector in the rather diverse Latin American... more