Christoph Grasl to join Rail Cargo board
The supervisory board of Rail Cargo Austria has appointed logistics professional Christoph Grasl as member of the management board for "market and sales”. He will take over this position from 3 April 2023, succeeding Gottfried Eymer, who left the company at his own request... more
No gift, but potentially lethal content
One week ago, while inspecting an express delivery parcel from Kosovo and destined to Hancock County, ME, US Customs and Border Protection (CBP) officers in Philadelphia discovered costume jewellery, textile fabric, along with 2,055 alprazolam pills and 2,000 clonazepam... more
"Curiosity of the Day"
The British author H.G. Wells (1846-1966) always carried two pens with him: one for big words, as he said, and a finer one for smaller words. more
Round table to improve access to rail networks
Switzerland's rail transport commission Railcom has carried out its first survey of railfreight companies to gather their views on non-discriminatory access to rail networks and local delivery services. The response rate of 90% and the numerous comments show that these topics... more
K+L investing in Mecklenburg-Western Pomerania
Kuehne + Nagel is investing in Wittenburg. The new location in Mecklenburg-Western Pomerania is to handle global spare parts logistics for a major company from the renewable energy sector. Construction began at the beginning of March 2023 and completion is scheduled for the turn... more
An ecological flow of alcohol
Biofuels don’t only power transport vehicles – they themselves also have to be transported. So Sogepp, a Gennevilliers-based French storage firm for liquid goods, has developed an intermediate hub on the Seine with storage capacities to help shift low-emission fuels from the... more
Ukrainian stakeholder comes on board
The Ukrainian financial and industrial company TAS Group, headquartered in Kiev, has acquired a 40.03% stake in Transant, based in Linz (Austria). The TAS Group has extensive experience in the construction of wagons and components through its own manufacturing plant in... more
First and last mile service to start in Q2
Cargo Beamer, an operator of rail connections for non-craneable semi-trailers in Europe, is expanding its portfolio by establishing a service for first and last-mile transport by road. The concept serves as an optional add-on to Cargo Beamer’s regular rail connections, by... more
Major privatisation in East Asia
In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank (KDB) and the Korea Ocean Business Corporation... more
Yang Ming posts historic profit
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... more