Strong environment for K+N 
Q1/2021 brought large profits for Kuehne + Nagel. Net turnover (CHF 6 billion), ebit (CHF 431 million) and a CHF 318 million profit in this quarter were all significantly above the levels of Q1/2020. The positive turnaround, which had already begun in the second half of 2020,... more
From Greenwich to Greenville
ACL Airshop, a global provider of ULD logistics solutions to over 200 airlines, air cargo carriers and other logistics clients, has been acquired by Alinda Capital Partners. Details of the transaction were not disclosed, but the current management and operations team remains in... more
Hamburg Süd launches insurance tool
Maersk’s affiliate Hamburg Süd has introduced "Value Protect", a new solution for shippers offering them additional protection in the event of cargo damage. The shipping company speaks of a complement to its existing inland transports and customs services, where it... more
Mason Mega Rail Terminal to open this year
In the USA, Savannah Port Terminal Railroad (SAPT) has expanded its long-term rail services agreement with the Georgia Ports Authority (GPA) to include GPA’s new Mason Mega Rail Terminal. This is especially significant, as rail container capacity at the port is expected to... more
Ceva: two air cargo services 
Ceva Logistics, the Switzerland-headquartered logistics arm of CMA CGM, has launched two new services. First, the company announced its Skycapacity programme, guaranteeing access to global air cargo capacity for customers in a volatile market. To this end, the company has... more
POCC joins green power partnership
The Port of Corpus Christi located in Texas on the western Gulf of Mexico has joined the US Environmental Protection Agency’s (EPA) green power partnership, which seeks to reduce the negative health impacts of air emissions through the use of renewable energy. The close of... more
Increased UK-Australia frequencies
Consol Alliance is now serving Melbourne, Sydney, Perth and Brisbane 20 times per week from UK. All cargo is pre-palletised before presentation to carriers for added security, safer transits and faster handling. The airfreight consolidator is offering both door-door and... more
Unipart remains on course in 2020
Releasing its 2020 results, British group Unipart reported that group turnover declined slightly with GBP 786.7 million (1.6%), while underlying group profit before interest and taxation dropped to GBP 16.1 million (2019: GBP 17.8 million). Despite unprecedented demand, in... more
Logistics Zone at Guayaquil opened
A Special Economic Development Zone (ZEDE) has been launched in Ecuador. It is located in the hinterland of Contecon Guayaquil (CGSA), an affiliate of International Container Terminal Services. The Philippines-based port operator, together with national government and port... more
Rail yard in South Louisiana in operation
The new six-track rail yard in St. Charles Parish, USA, is now ready for operation. The facility, located at the US Port of South Louisiana, is designed to accommodate between 250 and 350 rail cars exclusively for Dow Chemical. The rail yard will be used for railcar maintenance... more