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
New Avianca GSSA in Central Europe
ATC Aviation Services has been appointed as the exclusive GSSA for Avianca Cargo in Germany and Switzerland. The partnership will strengthen the South American carrier’s presence in Central Europe and enhance its sales and services. With a fleet of modern aircraft and a... more
First board member based outside the USA
The Boeing Company’s board of directors has nominated Sabrina Soussan to be elected as a new director at the company’s upcoming AGM. Soussan currently serves as chair and CEO of Suez, a Paris-based global utility company specialising in water and waste management with a focus... more
Single-line railway to link USA, Mexico, Canada
The US Surface Transportation Board (STB) has approved, under certain conditions, the merger of Canadian Pacific (CP) and Kansas City Southern (KCS) to Canadian Pacific Kansas City (CPKC). CPKC will be the first single-line railway connecting the USA, Mexico and Canada. The... more
Multi-user facility to open in Shanghai
Geodis has signed a ten-year lease agreement with the PRD Group for a 20,000 sqm multi-user facility in Minhang district, Shanghai (China). The facility is set to bolster the company's contract logistics capabilities for retail partners and to support the e-commerce industry... more
Greater visibility for Menzies thanks to Wipro
Wipro Limited, a technology services consultancy, has been chosen by Menzies Aviation, the world’s largest aviation services firm, to transform its air cargo management services. Wipro’s cargo handling options will provide greater visibility of cargo location to both Menzies... more