Swiss Post banned from takeover
Last Friday, Switzerland’s Competition Commission (Comco) forbade Swiss Post to take over the Quickmail Group. The commission said that the transaction would eliminate effective competition, and that there was also a market-friendly alternative. As both companies are engaged... more
More short-haul freight routes
TFG Transfracht plans to continue expanding its portfolio and establishing new short-haul services in 2024. This January, the specialist for containerised hinterland transport to and from seaports integrated new terminals in Kreuztal and Duisburg into its German network. The... more
Maersk bypasses the Red Sea
In response to the volatile situation in the Red Sea and Gulf of Aden, the Maersk ME2 service will temporarily be diverted via the Cape of Good Hope. The adjusted route will include Jebel Ali (UAE), Mundra and Jawaharlal Nehru (India), Port Tangier (Morocco), Algeciras (Spain),... more
Wincanton sold for GBP 566.9 million
Ceva, a subsidiary of the French shipping company CMA CGM, is buying the British logistics provider Wincanton for the price of GBP 566.9 million. Shareholders will receive 450 pence per share in cash as Wincanton will reach an enterprise value of GBP 764.9 million. “While we... more
Extending cooperation on dangerous goods
The International Air Transport Association (Iata) and the International Civil Aviation Organisation (Icao) have extended their long-standing cooperation on setting and implementing global standards for the safe carriage of dangerous goods by air. An agreement to this effect... more
775,000 carbon-free km
Logistics services provider Fiege has installed 18 charging points for electric cars at its Ibbenbüren site, bringing the family-owned company’s e-mobility network up to 150 e-charging points in Germany. The upgrade follows the 21 charging points at the company’s headquarters at... more
DHL Express: new heads for Asia Pacific
DHL Express has announced the following changes to its Asia Pacific management board (from left to right): Yung C. Ooi is now Asia Pacific’s senior vice president for commercial, Andy Chiang managing director for DHL Express Hong Kong & Macau, Ji Hun (Michael) Han managing... more
Quicker Med-Sea connection
CMA CGM’s short sea lines division has restructured its TMX 2 link between Turkey, Malta, Italy, France, and Algeria. The French carrier started the revamped service from Gemlik to Salerno on 12 January 2024. This route aims to address the West Med to Algeria markets and... more
Xi’an’s latest train en route to Poti
China has launched a new international freight service. Connecting Xi'an in northwest China's Shaanxi Province, and Poti, a port city in Georgia. The addition is the 18th main route operated by the China-Europe freight train (Xi'an) service, as the Xian International Trade and... more
Why January remains the busiest month for jobs
The “new year, new job” trend has been a seasonal pattern in the labour market for many years. In 2023, there was a particular boom in January, with job applications 32% over the 2022 average, higher than any other month. With 25 years of experience in recruitment, Mark... more