New funds to boost air cargo business 
Air T, a Charlotte (NC, USA)-based portfolio of independent businesses and financial assets, including overnight air cargo, has completed a private placement of USD 4 million of its 8% Trust Preferred Securities (TruPs) at a price of USD 17 per share for a 12.1% yield to... more
CO2 partnership to link Bahrain with Japan
Mitsui O.S.K. Lines (MOL) and Bapco Energies have signed an MOU to jointly develop a CO2 transport and sequestration system. The partners aim to establish a carbon capture and storage (CCS) value chain, involving MOL's maritime transport of liquefied CO2 and Bapco Energies’... more
Patriot Rail augments integrated freight services
The US short line owner has assumed ownership and operations of Hydra Distribution & Rail Services and Hydra Transport. Hydra is a specialist in warehousing, transloading, distribution and logistics services. The new integrated Patriot Rail Hydra Logistics &... more
Hellmann's fourth new foothold in 2023
Hellmann Worldwide Logistics takes another step forward in its European expansion plan, as the full-service provider founds a national company in Irland. After having established national branches in Switzerland, Slovakia, and Italy only this year, Hellmann turns towards the... more
Emanuele Grimaldi scores double
Emanuele Grimaldi was honoured as ‘International Personality of the Year’ at the Lloyd's List Greek Shipping Awards 2023, during a ceremony that took place on 1 December 2023 at the Athenaeum InterContinental Hotel in Athens. The Lloyd’s List Greek Shipping Awards celebrated... more
ITA Airways bans hunting trophies
Italy’s ITA Airways has joined the campaign of the international organisation Humane Society International/Europe and introduced a ban on transporting hunting trophies on its flights, both as cargo and as passenger baggage. On a national level, ITA Airways' commitment holds... more
WIN adds Jaxport to network
Ocean Network Express (ONE) will introduce its West India North America (WIN) container service in May 2024 to directly connect Jaxport with seven ports in Pakistan, India, Saudi Arabia, Spain, and Egypt. Utilising nine vessels, the WIN service will operate weekly rotations... more
Penang: Silicone Valley of the East?
Röhlig Logistics has opened a new sales office in Penang, Malaysia, a region dubbed the ‘Silicone Valley of the East’. Penang is a region with economic potential and currently a major player in the electronics manufacturing sector. It has attracted much foreign investment in... more
TT Club Americas: changes at the helm
TT Club, which provides insurance services to the international freight and logistics sector, has announced a change at the head of its New Jersey office. After 29 years at Thomas Miller, TT’s management company, Leo Kirchner (centre) will retire at the end of June 2024. A... more
Seven daily trains for grocery deliveries
Maritime Transport in the UK has secured a new, three-year contract with the grocery retailer Tesco. Under the new agreement, the privately owned transport company will manage, plan, and execute all rail operations at Tesco’s central distribution hubs within the Daventry... more