Who would like to buy Pembroke?
Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke. Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity -... more
Istanbul Alibaba's next hub?
Several international and Turkish papers have stated that the Chinese e-commerce group Alibaba is planning a new logistics hub in Turkey. Besides a warehouse close to Istanbul Airport, a data centre near Ankara is part of the scheme. The total investment will be USD 1... more
Xstaff strengthens management team
Effective 16 January 2023, Stephan Schiller has taken over as new managing director and partner of Xstaff. Most recently managing director of Hermes Europe and CEO of Hermes International, Schiller will lead the company in partnership with founder Bodo Knop and Antonios Rigalos,... more
Asyad goes Singapore
Oman-based Asyad Shipping has opened the company’s first international office in Singapore to expand its business portfolio into the Asian market. Earlier this year, Asyad Shipping commissioned a new container line that connects Oman directly to Singapore and Malaysia to... more
Larger freighters for Logic Paq
Logic Paq has taken delivery of its first B737-800F. The company, a specialist for air and sea freight based in the Dominican Republic, is planning to serve Miami with four B737-800F from two points of departure, i.e. from Santo Domingo itself and, in partnership with its... more
Upgrade around the horn of Africa
Ocean Network Express (ONE) has upgraded its Maputo/Mombasa India Middle East (MIM) service, with weekly departures to start at the end of this month. In line with this change, ONE will be assigning more of its vessels to the MIM service. The increased frequency will begin... more
New members for Catalonia's logistics cluster
The Catalonia Logistics cluster, a private non-profit business group, which comprises all types of companies from the logistics, transport, and goods distribution sectors, is welcoming new members. Nacex, Logista's express courier firm, and Logista Parcel, Logista's network for... more
"Curiosity of the Day"
Polar bears are the only mammals that have fur under their paws. This gives them better grip on the ice while keeping their paws warm. more
50% more goods transported by rail
The Chinese Haolebaoji-Ji’an Railway shipped 90.017 million t of goods in 2022, reaching the year’s target of 90 million t. To eliminate bottlenecks and increase transport capacity, the China Railway Xi’an Group overhauled unloading processes in the Jiangling and Fenyibei... more
Girteka announces changes at the helm
On 2 January 2023, Mindaugas Pasilauskas assumed his role as CEO of Girteka Europe West, which was established as a new legal entity after Girteka was divided into three business units and a competence centre. Pasilauskas previously was CEO of Class Trucks, a transport asset... more