Ceva Logistics expands presence in India
Founded in 2016, Stellar Value Chain Solutions in India is a key player in contract logistics with omni-channel fulfilment services in the e-commerce, automotive, food, and many more market segments. Ceva will acquire more than 70 facilities in 21 cities in India, taking over a... more
Tightening the reins in road haulage
Joining forces for fair competition: in Germany, the BGL (federal association of road Haulage, logistics and waste disposal) and Balm (federal logistics and mobility office) are working together to ensure the consistent enforcement of fair competitive conditions in road haulage.... more
DHL Supply Chain: a new CEO for Asia Pacific
DHL Supply Chain, the contract logistics arm of Deutsche Post DHL Group, has announced a change in its regional management as Terry Ryan, CEO DHL Supply Chain Asia Pacific, is retiring from the DHL Group after more than 40 years of valued contribution to the company. Javier... more
Stake in HMM up for grabs
The bidding process for South Korea's key global container carrier, HMM, is drawing to a close. The majority stake is held by state policy bank KDB and Korea Ocean Business Corporation after the bankruptcy of Hanjin Shipping in 2017, with around 58% of their 75% ownership being... more
Cargo JV takes off at Düsseldorf Airport
Swissport Deutschland and Flughafen Düsseldorf have successfully closed the transaction for their cargo joint venture at Düsseldorf Airport. The new joint venture, named Swissport DUS Cargo Services, started operations on 17 August 2023. Following the signing of binding... more
Laos: from a landlocked to a land-linked country
Since its launch in December 2021, the China-Laos-railway has transported 24 million t of freight. Laos is one of the countries benefiting from the 1,035 km line, as China’s state council information office (SCIO) reports. With only a 3.5 km long railway to Thailand, Laos’... more
Panattoni hands over hub for pet supplies
Industrial and logistics real estate developer Panattoni handed over the new logistics location in Neuruppin to the Fressnapf Group on 18 August 2023. The Fressnapf Group, founded in 1990 and headquartered in Krefeld, North Rhine-Westphalia, is one of the largest specialist... more
Boeing confirms Alvin Liu in China
Boeing has appointed Alvin Liu as president of Boeing China, effective 1 September 2023. Liu has been serving as interim president since 10 July 2023, following the announcement that his predecessor, Sherry Carbary, plans to retire later this year, concluding a distinguished,... more
Anemoi rotor sails cut fuel and emissions
The installation of rotor sails on the 82,000 dwt Kamsarmax bulk carrier, TR Lady, was completed in June 2023, marking a collaboration between Tufton Investment Management, Anemoi Marine Technologies and Cargill. Equipped with three 5x24 m Rotor Sails, TR Lady harnesses wind... more