Maersk also returns to reality 
Maersk’s results in 2023 are in line with the overall trend in the global shipping industry. For 2023, the group reported a revenue of USD 51.1 billion. The record year 2022 saw Maersk with USD 81.5 billion revenue and a profit of USD 29.3 billion. In 2023, profit amounted to... more
Reaching for the stars
The world’s biggest optical telescope is set to be built in the Atacama Desert in Chile, and DSV, a Danish logistics provider, has been entrusted with the transport of the fragile parts. The European Southern Observatory’s new project requires freight to be transported from... more
Germany and Mongolia sign agreement
Among other things, the agreement redefines the framework conditions for road freight transport. Until now, Mongolian companies in Germany and German companies in Mongolia had to apply for a special permit for transport to and/or through Germany and Mongolia, respectively. In... more
Avensis: a "PTEF" conversion solution
Avensis Aviation, a London-based engineering and design company for the aviation industry, has developed a new e-commerce express cargo wide-bodied conversion solution. The "Avensis Medius Evo" is an evolution of its current A330-200 and A330-300 "Medius Class... more
Dominik de Daniel to be CEO
Karl Gernandt managed Kühne Holding, headquartered in Schindellegi (Switzerland), for 16 years, overseeing the company’s growth and acquisition of significant holdings, particularly in the logistics and transport sectors. Kühne Holding, which has been very successful ever since,... more
Rivers of growth at Contargo
Despite subdued port markets, Contargo reported a slight rise in container volumes transported in Northern France's river areas in 2023. Contargo North France confirmed its lead at the port of Valenciennes, becoming the top inland port for sea freight containers in... more
Number four in Louisville
It’s another expansion in the USA for Arvato as the supply chain and e-commerce provider gains 90,000 sqm of space near Louisville, Kentucky. The company will use the new site to handle logistics and fulfilment for two tech industry customers. It will be its fourth distribution... more
More than 1,200 flatcars
Transcontainer has signed contracts to purchase 1,230 new 80-foot flatcars in response to the growth of the container transport market that continued in 2023. The intermodal operator and affiliate of the Delo Group will receive the new rolling stock manufactured by Russian... more
From Palletforce to Kinaxia
The board of Kinaxia, a UK-based transport and logistics provider, welcomes Michael Conroy as its new CEO. During his career, Conroy worked as CEO for Palletforce for 13 years, where he led the express freight distribution network through a period of expansion, increasing its... more
A new partner for digital air cargo platform
Freightos, a vendor-neutral booking and payment platform for the international freight industry, has announced that Webcargo by Freightos has partnered with Virgin Atlantic Cargo. The collaboration combines the carrier’s extensive network with Webcargo’s digital reach, providing... more