E-locos increase capacity and train speed
The Finnish private operator Fenniarail has signed an agreement with the German manufacturer Siemens for the purchase of four-axle electric Vectron locomotives. The deal includes the delivery of one locomotive by the end of October 2023 with the option for additional... more
Agility building in Egypt
During the Egyptian-Kuwaiti Economic Forum, the Suez Canal Economic Zone inked a contract with Agility to develop and operate a customs and logistics centre in the zone. In the presence of Walid Gamal El-Din, chairman of the Suez Canal Economic Zone (Sczone), and Tarek... more
Products and publicity in the skies
During the opening ceremony of 17th Paris Motor Show exactly 100 years ago, on 4 October 1922, André Citroën (1878-1935) achieved a media coup when two aeroplanes wrote the word "Citroën" 5 km into the sky above the French capital. For the new advertising channel,... more
West Hutchison named CEO
Vertical Cold Storage, a developer and operator of temperature controlled distribution centres, has named West Hutchison president and CEO. Hutchison most recently was senior vice president of network optimisation/M&A for Lineage Logistics. Prior to that, he was partner... more
Central European business exceeds expectations
UK-based freight transport company Xpediator has reported its unaudited interim results for H1/2022. Revenues went up significantly by 33% to GBP 189.3 million (H1/2021: GBP 126.6 million). The company spoke of "continued positive trading in the Central Eastern European... more
La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... more
Exploding costs boost turnover
Q2/2022 brought exploding costs for the German transport logistics industry, which were partly reflected in rising freight prices. These climbed by 14% compared to Q1/2022. According to the latest economic analysis of the BGL (Bundesverband Güterkraftverkehr Logistik und... more
Cargohub’s new app ready for full operation
Schiphol-based cargo IT solution provider Cargohub has been testing its ULD management system with Menzies, Geodis, Ceva Logistics and IP Handlers and GSA Euro Cargo Aviation. Now close to full operation, the new app is completely digital, eliminating errors, saving time... more
Bolloré: new office in Antwerp
Bolloré Logistics Belgium has opened its new head office in the centre of Antwerp, home to the second largest port in Europe. This new site is well located and has within its remit the Brussels and Liege airport branches. Specialising in maritime operations management, it... more
Finnish wood beats plastic packaging
As part Finland’s eco-initiatives, the state organisation Business Finland is supporting companies in replacing plastic packaging with alternative wooden packaging, because there is still too much plastic waste. In Germany, for example, packaging accounts for 27% of the total... more