GIC now holds majority share of Railpool 
GIC has acquired a further 27% stake in the business from co-owner Palladio Partners, a German specialist in global infrastructure investments. GIC is now Railpool’s majority shareholder. The rail vehicle leasing company was founded in 2008, with GIC first investing in 2016.... more
New inland shipping line for container transport
Container logistics provider Contargo has expanded its network of inland barge services for container transport in Northern France. Where Contargo North France sees "great potential for development" (Gilbert Bredel, managing director), the company now offers direct... more
Kontron Transportation chooses Bernd Eder
Bernd Eder, chief operating officer of Kontron Transportation Group and member of Kontron’s extended management board, has been promoted to CEO of Kontron Transportation Group with immediate effect. Eder has worked in the rail industry for more than 15 years. He was... more
Maersk inaugurates office in Sohar Freezone
Maersk has inaugurated a new corporate office at Sohar Freezone in Oman to further expand its network of integrated logistics solutions in the country. The new office – the company’s third foothold in Oman after Muscat and Salalah - will allow Maersk to get closer to its... more
Wärtsilä and MPA Singapore sign MoU
Wärtsilä, a global provider of innovative technologies and lifecycle solutions for the marine and energy markets, has signed a memorandum of understanding with Maritime and Port Authority of Singapore (MPA). The aim of this partnership is to enable the introduction of next... more
More than 50,000 rail vehicles authorised
Europe’s 4th Railway Package has been a major step forward for creating the Single European Railway Area. With this legislative package, the European Union Agency for Railways (ERA) has received the permit to issue vehicle authorisations in the EU. Between June 2019 and... more
Hacis to open new cool zone in Hong Kong
Hong Kong Air Cargo Industry Services Limited (Hacis), a logistics arm of Hong Kong Air Cargo Terminals Limited (Hactl), has opened ‘Cool Zone’, new climate-controlled facility to cater for the increasing volumes of perishable and temperature-sensitive e-commerce transiting Hong... more
Sandro Brändle joins Log-hub
Log-hub, a provider of supply chain analytics solutions, has appointed Sandro Brändle to its executive management team as chief data and analytics officer (CDAO), effective 1 April 2023. With a background in computer science, Brändle will contribute his expertise to support... more
Jas Worldwide expands footprint in China
Atlanta (GA, USA)-based JAS Worldwide has completed the acquisition of Tigers, a freight forwarder and supply chain management company headquartered in Hong Kong, China. The transaction allows JAS to further reinforce its freight forwarding activities and broaden its service... more
Smartist: a global hub for DHL
DHL Global Forwarding is extending its operations to Smartist, Turkish Cargo’s cargo hub at Istanbul Airport. The two logistics companies have implemented a memorandum of understanding to this effect. DHL will now leverage the mega cargo facility as one of its global hubs, which... more