MLP: revenue up by 51%
In H1/2023, the operating income of Warsaw-based MLP Group, which is developing its operations in Poland, Germany, Austria and Romania, reached PLN 185.7 million (EUR 40.3 million), +51% yoy, and ebitda without revaluation amounted to PLN 97.2 million (EUR 21.1 million), +63% vs... more
GAC opens office in East Malaysia
GAC Malaysia, a shipping and logistics solutions provider in Southeast Asia, has inaugurated a new office in Kota Kinabalu, enhancing its regional presence to cater to evolving shipping and energy demands. This 14th office will collaborate with the Labuan office, delivering a... more
FourKites expands senior leadership team
Supply chain visibility provider Fourkites has expanded its leadership team with the addition of three new senior vice presidents in its go-to-market organisation. Phil Weir (left), senior vice president, global strategic customers, will head the company’s global customer... more
"Curiosity of the Day"
The word "television" was probably invented by the Russian scientist Constantin Perskyi (1854-1906), who used it during his lecture at the International Electricity Congress in Paris on 25 August 1900. more
CBP seizes 100 shipments of counterfeit products
During a one-week period in July, US Customs and Border Protection (CBP) officers intensified inspections on incoming shipments moving through the Cincinnati Port of Entry. On 10 – 14 July, during the special operation “home plate”, officers focused enforcement efforts on... more
A Swiss purchase for Japanese logistics group
Nippon Express is acquiring the Tramo group, a European shipper specialising in luxury furniture markets. The deal is estimated to be worth just over 10 billion yen (USD 68 million). By buying Tramo, Nippon Express aims to boost its competitiveness abroad, as a shrinking... more
DHL GF: strategic appointments in Asia Pacific
DHL Global Forwarding (DHL GF), the freight specialist arm of DHL Group, has announced three leadership appointments in Asia Pacific with the upcoming retirement of Kelvin Leung and Charles Kauffman. Karsten Michaelis (left), previously SVP ocean freight DHL GF Asia Pacific,... more
Switzerland: milk runs with all-electric vehicle
Designwerk recently delivered the first all-electric milk van to Zgraggen Transport. With this vehicle, around 93 t of CO2 can be saved annually, making local milk collection in the Swiss canton of Uri emission-free, the two companies said. The vehicle covers a distance of... more
Drought hits Panama Canal shipping
The ongoing drought at the Panama Canal, a critical global shipping route, has led to prolonged ship delays. In response, the Panama Canal Authority has extended shipping restrictions until 2 September 2023, limiting daily passages from 36 to 32 ships and requiring vessels to be... more
Sail and fly by air-ship
A shipping line goes its own way. MSC Air Cargo recently added a second Boeing B777F to its fleet, and took a majority stake in Italy’s Aliscargo Airlines. It has plans to take on two more wide-body freighters in the next six months and is seeking a new operating licence. more