Truckloads: operating income up more than 50%
TFI International, a North American transport company, successfully capped 2022 with strong fourth quarter results. Total revenue was USD 8.81 billion for 2022 versus USD 7.22 billion in 2021. During 2022, total revenue grew 1% for package and courier, 43% for... more
E-trucks emit 63% less GHG than diesel
According to a study published by the International Council on Clean Transportation, battery electric trucks (BEV) produced in Europe today can deliver the largest greenhouse gas (GHG) emission reductions over their lifetime. A 40-t BEV that was put into service in 2021... more
Cool transports to the Caucasus
As an addition to its portfolio, Hugo Transport has now introduced refrigerated transports to and from Georgia, Armenia, and Azerbaijan for complete loads. The German forwarder uses bus-sprinters for loads of up to 800 kg or 4-5 Euro pallets. Cargo may be shipped at constant... more
Intermodal Gdansk service expanded
Metrans, HHLA’s intermodal affiliate, has introduced a new connection from/to the Polish Port of Gdynia - by truck. The rail service from/to the Port of Gdansk was launched in September 2022 and runs three times a week according to a precisely defined schedule. It supports... more
Plans for a regular shuttle train
The volume of cargo shipments along the Trans-Caspian-Route, the so-called Middle Corridor, increased by 2.5 times and reached 1.5 million t in 2022. Kazakhstan exported 6.5 times more goods compared to 2021, posting a total volume of 891,000 t. 33.600 teu were transported... more
From Italy to the world
A new alliance between Nova Systems and the Levia Group. ‘BeOne’, Nova Systems’ tried-and-tested ERP management software, is the main player in a partnership between the logistics IT provider from Verona and the Levia Group. The partners are set to leap into the international... more
Intermodal at its best
In China, Cathay Pacific Cargo and the Cathay Pacific Cargo Terminal have become the first carrier and first cargo terminal operator to have gained acceptance for their cargo in Dongguan and permission to transport it by ship to Hong Kong International Airport (HKIA) for... more
North-East Corridor reopens for rail traffic
Transnet Freight (TFR) in South Africa has resumed limited service, following a massive disruption caused by floods last week. Operations have commenced across the corridor branch line network, with TFR Teams now working on clearing staged trains and the backlog on the... more
Joining forces to improve urban logistics
CMA CGM and La Poste have signed a memorandum of understanding to cooperate in parcel delivery, transport and storage services. The aim of the cooperation is to establish a closer business relationship between La Poste’s subsidiary Geopost and Ceva Logistics, a subsidiary of the... more
Portfolio of railfreight wagons sold
DIF Capital Partners has signed an agreement with Wascosa to divest its portfolio of 564 railfreight wagons (Rota Rail II). The transaction is scheduled to be closed in tranches in H1/2023. DIF acquired and increased the portfolio to its current size between 2019 and 2021,... more