UPS Q3 revenue down in all segments 
UPS has published its financial report Q3/2023, showing downward trends in comparison to 2022. Consolidated revenues were USD 21.1 billion, a 12.8% decrease from Q3/2022. Operating profit margin and diluted earnings per share were nearly 50% down on last year’s values.... more
VR joins track condition test
Finland is introducing a track condition monitoring in in-service trains. With the system, commercial trains will be used to collect data from various rail sections on a daily basis. The pilot project will focus on monitoring the condition of elements such as isolation... more
Road haulier relies on bio-CNG fuels
DSV in Immingham, UK, has launched a trial with CNG Fuels. CNG Fuels’ supply of bio-CNG from a waste feedstock is verified and approved by the UK department for transport. Adopting bio-CNG fuel will contribute significantly to reducing GHG emissions. There is evidence that a... more
New software solutions for Prologistik
The French company DSIA, a developer of software for the logistics industry, is being taken over by the Prologistik Group. With the new addition to its network, Prologistik will expand its business into the French market and gain access to new sectors and regions. The... more
Heading back to FM Logistic
Bernard Wehbe has returned to FM Logistic as international director of operational performance for the warehouse business in Brazil, Iberica, Central Europe and Asia (excluding France). In his new role, he will head the implementation of robust operational strategies for the... more
Ageing containership fleet poses challenges
The average age of containerships has reached 14.2 years, the highest among major shipping sectors, says Niels Rasmussen, chief shipping analyst at Bimco, one of the largest international shipping associations representing shipowners. Over the past 13 years, the container... more
Swiss WorldCargo partners with Sonoco ThermoSafe
Swiss WorldCargo, a specialist for transporting high-value, care-intensive, and temperature-sensitive consignments, has announced its partnership with Sonoco ThermoSafe. The companies have signed a global master lease agreement for the deployment of Sonoco ThermoSafe's... more
IAG Cargo expands services to Africa
IAG Cargo, the cargo division of International Airlines Group (IAG), will offer additional capacity on services between the UK, Ghana and South Africa commencing at the end of October 2023. IAG Cargo customers will benefit from a new route beginning on 29 October 2023,... more
Port of Antwerp-Bruges increases market share
The Port of Antwerp-Bruges has witnessed a 6% decline in total cargo throughput over the last nine months compared to the previous year due to continued economic and geopolitical instability worldwide. Container transport demand has declined significantly, while other cargo... more
Fuel-saving was the decisive factor
The Australian instant lawn supplier Lilydale has ordered two new Scania 500 G Super trucks, after having trialled the vehicle on its Bairnsdale B-double route. The tests showed that the new model saved 50 litres of fuel compared to the older non-Scania truck. The new Super... more