New wind technology sets sail
In a pioneering partnership, Cargill, BAR Technologies, Mitsubishi Corporation, and Yara Marine Technologies are introducing innovative wind propulsion technology for commercial shipping. Mitsubishi's 'Pyxis Ocean', chartered by Cargill, is the first ship to be retrofitted... more
Celebrating post-lockdown growth
A West Midlands-based transport and logistics company which was founded during the height of the global Coronavirus pandemic has paid tribute to the Prime Accountants group for its support. Prime’s accountants were appointed by 24/7 Worldwide Exhibitions shortly after the... more
Rand McNally's CTO to join PCS Software
PCS Software, a provider of transport management software, has appointed Yusuf Ozturk as its new chief technology officer. Ozturk brings over 25 years of experience in product development, from startups to global companies, to his new role and joins PCS from Third Summit,... more
“From Lisbon to Kyiv”
In conversation with InRail CEO Guido Porta. The Genoa-based enterprise InRail, a very large Italian railfreight group with cross-border experience and ambitions, operates 20 electric and five diesel locomotives of its own, has 400 employees and a turnover that’s expected to... more
Adding B767s to tackle challenges
In what it calls a milestone that "marks a significant step forward for the company, enhancing its overall capacity and operational flexibility", Challenge Group has taken over a B767-300BDSF. The converted B767 is an addition to the existing fleet and is not intended... more
ESR sets up RBM 10 billion income fund
ESR Group has established its largest-ever RMB income fund with one of China’s major insurance companies, launching with a total investment capacity of approximately RMB 10 billion. The fund will be seeded with a prime logistics portfolio of RMB 2.3 billion from ESR’s balance... more
Wilson Sons releases H1/2023 results
Brazil's Wilson Sons, a port and maritime logistics provider listed on B3's Novo Mercado, reported a 23% yoy rise in H1/2023 net income to BRL 197 million (USD 39.6 million). Q2/2023 net income surged by 583% to BRL 111 million (USD 22.3 million). H1/2023 net revenue grew 9% to... more
Transport sector demands priority for railfreight
The reopening of the Gotthard Base Tunnel (GBT) on a single track announced for today, Wednesday (23 August), will bring relief for freight traffic and is welcomed by the transport sector. Transport and logistic companies demand that emergency capacities be utilised as... more
Nigeria: breaking ground for air cargo facility
Kabir Yusuf Mohammed, managing director of Nigeria’s Federal Airports Authority, laid the foundation for the development of an aviation cargo village. The facility located on Ajao road, Ikeja on a 27,000 sqm plot of land would be a one stop shop for all cargo related air... more