All-time high for truck deliveries
2022 was a record year for Volvo Trucks. The Swedish manufacturer delivered 145,195 trucks in 2022, an all-time high and an uptick of 19% from the 122,525 in 2021. Volvo Trucks also increased its market share in the heavy truck segment (≥ 16 t) in 41 markets globally. The... more
14th Emerging Markets Index: stability and upheaval
The Agility Emerging Markets Logistics Index for 2023 has just been published. Now in its 14th edition, the Index ranks countries for their logistics competitiveness based on their logistics strengths, business climates and digital readiness. In this year's rankings, China... more
Promotions at MOL
Mitsui O.S.K. Lines (MOL; president & CEO: Takeshi Hashimoto) has proposed the following changes to its directors and executive officers, effective 1 April 2023. The reappointments of MOL’s directors and auditors are subject to approval at the annual shareholders’ meeting to... more
Menzies Aviation expands footprint to Jamaica
Aviation services provider Menzies Aviation has acquired a majority stake in Jamaican-based Ajas Limited, a privately owned ground and cargo handling company. Ajas Limited, which has been operating in Jamaica for over 82 years and employs almost 600 staff, provides ramp,... more
CMA CGM upgrades East Med service
CMA CGM is enhancing its NC Levant service. The rotation now includes Alexandria's Trans Misr Terminal (TMT), the carrier's new investment in Egypt. The first vessel reaching the new port of call will be “MV Ef Olivia”, calling Alexandria TMT on 5 March 2023. El Dekheila,... more
Triple investment in Northern Germany
CHI Group, an air cargo handler founded in 1994 and based in Frankfurt (Germany), recently acquired shares in three companies in the Hamburg metropolitan area. Tri-Log International, Innovative Quality Logistics and Uwe Marx Transporte offer forwarding (sea and airfreight)... more
155,000 km rail tracks in operation
China invested CNY 710.9 billion (EUR 97.5 billion) in railway fixed assets in 2022, building and putting 4,100 km new rail tracks into service, including 2,082 km of high-speed routes. By the end of 2022, the country had 155,000 km rail tracks in operation, 42,000 km of... more
Tobias Brandt to lead Nosta Sea & Air in Germany
Full-service logistics provider Nosta Group is restructuring its management by appointing Tobias Brandt (left) as COO Sea & Air Germany after the former managing director Peter Mundt (right) moved to the group’s global management board as COO Sea & Air. Brandt’s task... more
"Curiosity of the Day"
Gottfried Wilhelm Leibniz (1646-1716) had great respect for every living creature. When he had finished studying an insect, he took it back to exactly the same place where he had picked it up. more
A good cargo year for Iberia Airport Services
Last year, Iberia Airport Services (Ibas), Iberia's handling division, which serves more than 150 airlines at 29 Spanish airports, handled more than 362,847 t of freight, 7% more than in 2021 (-9.6% vs 2019). In 2022, Ibas added nine new companies to its client portfolio,... more