PSA keeping the balance in 2022
Singapore-headquartered PSA International (PSA) has reported its results for 2022. In total, the Group handled container volumes of 90.9 million teu globally. Compared to 2021, the group’s volume decreased by 0.7%. The flagship PSA Singapore contributed 37 million teu (-0.7%),... more
Another way of Californication
The Japanese container shipping company Ocean Network Express (ONE), headquartered in Singapore, has signed agreements to acquire a 51% stake in two terminals on the US West Coast - Tra Pac and Yusen Terminals (YTI). MOL and NYK as well as Macquarie Infrastructure Partners... more
Astral Aviation switches from NAS to ALG
Astral Aviation has appointed Air Logistics Group (ALG) as its general sales and service agent (GSSA) for Europe, UK and USA, effective 1 January 2023. With the new commercial partnership the Kenyan cargo carrier aims to increase its service portfolio for its clients at home... more
TK' Blue redefines its tariffs
TK' Blue is currently adapting its service portfolio available to all companies in the supply chain in order to comply with new regulations and prepare for future taxes on carbon consumption. Founded twelve years ago, the France-headquartered company is a transport labelling... more
Flatbed operator adds zero-emissions equipment
USA-based PGT Trucking has purchased its first Nikola Tre battery-electric vehicle (BEV) semi-truck. With the new vehicle, the forwarder becomes the first flatbed trucking company to actively expand its fleet with zero-emissions equipment. PGT will immediately utilise the Nikola... more
MLP Group appoints Martin Birkert
The MLP Group, a developer, owner and manager of high-quality commercial, industrial and logistics parks specialising in brownfield sites, is strengthening its German team. In early January 2023, Martin Birkert took up his position as country manager Germany to head the... more
"Curiosity of the Day"
A person can produce up to one and a half liters of saliva a day. more
Last newbuild and first organ donor
Probably not until a month from today, on 16 February 2023, the last of 1574 B747s ever produced will be handed over to the customer Atlas Air, which will use it for Kuehne + Nagel just like the last but one B747. The historic date, which ends a 54-year production run, was... more
TKN now operated by Swiss intermodal specialist
Hupac has acquired the operations of the German terminal Köln Nord (TKN) from HGK Häfen und Güterverkehr Köln. The take-over is the result of a tender initiated by HGK, in which Hupac was awarded the contract. The Hupac Group operates numerous terminals in Europe, either under... more
Stepping into Vietnam
The Hong Kong-headquartered ESR Group has invested in an equity stake of the BW Industrial Development Joint Stock Company, by the way of an affiliate. This investment was part of BW’s larger primary capital raise of up to approximately USD 450 million that includes other... more