Menzies Aviation grows in Indonesia & China 
Global aviation logistics specialist Menzies Aviation has won three contracts in South East Asia and China with Rimbun Air, My Indo and Raya Air. A new three-year contract with the fast-growing Indonesian cargo and regional passenger airline Rimbun Air will see Menzies... more
A new face on the VTL supervisory board
At their annual shareholders' meeting, the 33 shareholders of VTL Vernetzte-Transport-Logistik again placed their trust in the incumbent supervisory board and re-elected the board members for a further three years. The supervisory now comprises the long-standing members... more
Transporting more beer by rail
The German Krombacher brewery is shifting up to 750 trucks to the railways, with DB Cargo implementing shuttle services for this purpose: the trains leave the brewery with full bottles and return with empties. From Kreuztal, the shuttles call at the Grossbeeren terminals... more
Four for Waberer's
The Hungarian haulier Waberer’s International has announced that it has received the public offer from Trevelin Holding (25.995%), high yield Vagyonkezelő (20%) Geraldton Invest, (4.995%), and MHB Optimum (21%) for the ordinary shares issued by Waberer’s with a nominal value of... more
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