Bolloré receives billion-euro offer from MSC 
In December the Bolloré Group received an offer from the Geneva-based MSC Group to acquire its entire African logistics operations. The offer was submitted on the basis of a valuation (net of minority interests) of EUR 5.7 billion. Bolloré has granted MSC exclusivity until the... more
80 years ago – first commercial flight around the world
80 years ago, a Boeing 314 Clipper completed the first commercial flight around the world. When the flying boat set off from San Francisco CA (USA) on 2 December 1941 for a scheduled flight to Auckland (New Zealand), there was no sign yet of the feat – in contrast to 1929’s the... more
Strong start to 2022 – but clouds on the horizon
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 123.9 points (seasonally adjusted) to 125.3 points in November, according to the latest flash estimate. The index... more
"A strong year for forwarders"
Transport Intelligence (TI), a consultancy located near Bristol (UK), expects 2021 to have been a brilliant year for freight forwarders. According to its analysis, the forwarding market is forecast to have grown by 12% in value compared to 2020. In terms of modes of transport,... more
A partnership in Egypt extended
Alberto Musso, the president of the Tarros Group, recently visited the group’s Med Egypt new Egyptian headquarters. Since April 2018, Med Egypt has been Tarros’ official local agent in Egypt. The main office is located in Alexandria, with branch offices in Cairo and Port... more
A closer look at Christmas consumption
In its latest analysis, Copenhagen-based maritime intelligence provider Sea-Intelligence underlined that, while demand in USA maintains record levels, it is partially hampered by supply chain ruptures. Data proves that personal consumption in the country reached record levels in... more
Container logistics' prospects for 2022
A recently published report throws light on the strategies the logistics industry is likely to develop next year. The company Container X Change's "industry speak survey 2021-22" combines key learnings from 2021 and outlook for 2022 from 800 container logistics players... more
New site for Imperial's client Lemken
South African player Imperial Logistics has inaugurated a new multi-user logistics facility in Gelsenkirchen, Germany. It forms a network with the company’s existing multi-user business site in Herten, at a distance of about 8 km. Patrick König will be in overall charge for... more
Bimco introduces carbon emission clauses
The London-based law firm HFW has supported the shipping association Bimco in drafting a series of clauses in response to strict new environmental legislation that will curb the industry's carbon emissions. The International Maritime Organisation's revised initial greenhouse gas... more
18 giraffes from South Africa to Brazil
Intradco Global and its parent company Chapman Freeborn have worked together on a charter flight to transport 18 giraffes from O.R. Tambo International Airport (JNB) to Río de Janeiro Galeão Airport (GIG). Averaging 4.3-5.7 m when fully grown, the animals were transported... more