Shark fins hiding among dry fish 
One week ago, on 15 January 2024, Hong Kong Customs seized about 800 kg of suspected scheduled shark fins, with an estimated market value of about HKD 4 million (USD 500,000), at Hong Kong airport. Upon inspection of an air consignment, declared as dry fish arriving from... more
More hybrid multi-system electric locos
The Swiss leasing company European Loc Pool (ELP) is acquiring ten more Stadler Euro 9000 locomotives. The order follows the vehicle's recent authorisation in the Netherlands and Belgium. The units are scheduled for delivery in late 2025 and early 2026. ELP currently owns... more
Second-largest drop in trade capacity
The now month-long Red Sea crisis has caused the second-largest drop in trade capacity in recent times and destabilised service networks, particularly affecting Asia-Europe routes. The Sea-Intelligence Trade Capacity Outlook report compares this event with standard market... more
BusinessCode scales up
Logistics and technology expert Usman Khan, currently global sales manager at BlueBox Systems, will now also steer the sales management at the parent company, BusinessCode. Combining his two roles, he will operate from London. Khan brings many years of experience in the... more
Suez & Panama see US shippers going west
Shippers are currently opting for US West Coast terminals to avoid trade union action and disruptions on both the Panama and Suez Canals, said Jon Gold, VP for Supply Chain and Customs Policy at the National Retail Federation, recently in The Freight Buyers’ Club podcast,... more
Bluetooth is watching you
Baku (Azerbaijan)-based Silk Way West Airlines has extended its longstanding strategic collaboration with unit load device (ULD) provider ACL Airshop. Under the new agreement, the partnership will now introduce Bluetooth technology for real-time ULD tracking. Vugar Mammadov... more
Wabtec to launch railcar telematic platform
The US rail specialist plans to roll out the solftware in Q1/2024. It will be offered exclusively by Wabtec in North America and other heavy haul freight markets worldwide as stipulated in the agreement. Wabtec railcar telematics will include sensors, gateways, wireless... more
Alta Signa's marine underwriting bid
Alta Signa Europe, a managing general agent (MGA), launched its new European marine underwriting business on 18 January this year. Focusing on core marine insurance lines, the unit is backed by partners like Axeria Iard, Sirius Point, and Sompo International and led by Francesco... more
All change at Stef Group
Stef, a provider of transport and logistics services for temperature-controlled food products, has announced several changes to its executive committee and the management of its operations in Spain and Portugal. Christophe Leray has been appointed director of information... more
Prologis closes a successful 2023
In the full year 2023 and Q4/2023, logistics real estate provider Prologis recorded steady progress in European markets, focusing on solutions provided by its Prologis Essentials platform. The total portfolio for 2023 amounted to 22.5 million sqm with new leases at more than... more