Do spot rates show the trend? 
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Leman chooses Bo Henrik Jepsen
Bo Henrik Jepsen is joining Leman as new group COO air/sea with extensive experience from Maersk, Kuehne + Nagel, Scan Global Logistics, Toll Global and most recently Ceva Logistics. He is married, has two children and is now moving back to Copenhagen after 14 years abroad.... more
Third financing round for French airship solution
Flying Whales, the company behind the industrial programme "LCA60T", created with the aim to develop a heavy-lift airship solution, has received EUR 122 million in funding from the French government, the Principauté de Monaco and its historical shareholders including... more
Laurels for 364 short line railroads
The American Short Line and Regional Railroad Association (ASLRRA) has announced a record number of Jake Safety Awards, including twenty member railroads being selected as President’s Safety Award winners. The Jake Award programme recognises member railroads for... more
Another investor for Asian portfolio
ESR, an investor in real estate assets in the APAC region, is welcoming another institutional investor on board. The Chinese investor, whose identity was not revealed, will "recap a prime logistics and industrial portfolio (total GFA over 873,000 sqm) from ESR’s balance... more
Vado Express to start soon
Maersk is launching a new service between Port Said at the Suez Canal and Vado Gateway at the Port of Genoa. The first feeder of this new service (3,000 teu) will depart from Port Said on 8 July and arrive at the Vado Ligure Terminal on 14 July. For cargo arriving from... more
Vitesco expert joins German government’s SFAC
Anja Rivera de la Cruz, head of sustainability at Vitesco Technologies, has been appointed to the German government’s sustainable finance advisory committee. Rivera de la Cruz will contribute her experience in sustainability management and her knowledge of the automotive... more
Air France to ban transport of monkeys
Following more than a decade of intense campaigning by Peta USA, international Peta entities, other animal protection groups, and grassroots activists around the world, Air France has announced that it will end its transport of monkeys to laboratories as soon as its current... more
Once upon a time in Mexico
To provide fast and flexible services for its customers on site, international logistics provider Cargo-Partner has opened a fully-fledged office in Mexico City, its second location in the country. The group opened an "agents' liaison and key account support... more
