Neovia acquisition in Austria
The US company Neovia Logistics, a Caterpillar affiliate for logistics services, is planning to acquire Temmel Logistik Center (TLC), an Austrian provider of automotive manufacturing inbound logistics services. The transaction is expected to be closed early in 2021, once the... more
ODW Logistics appoint Brian Drees
Brian Drees has joined ODW Logistics, a third-party logistics provider, as its new senior director of operational excellence. He will lead ODW’s continuous improvement strategy, focusing on standardising and refining operational systems and inventory controls and on improving... more
New agent for Brazil-Africa services
The Madrid (Spain)-headquartered Marguisa Shipping Lines, the shipping company of the Sea & Ports group, has appointed Wasa Projects & Chartering as its general agent in Brazil as of January 2021. This is part of the company's strategy of full container services managed... more
Strengthening ties with the Caribbean
The Dutch company Vertraco Shipping and Bergé, as its representative agent in Spain, intends to intensify commercial activity between the Iberian peninsula, the Caribbean and the northern coast of South America. This will be done through the regular Europe Caribbean Line (ECL),... more
XPO's big reshuffle
The board of directors of XPO Logistics unanimously approved its plans for a radical restructuring. The strategy includes a spin-off of 100% of its logistics segment as a separate publicly traded company. The group intends to structure the spin-off as a transaction that is... more
Connecting US drone know-how
VerdeGo Aero, an aerospace electric powertrain technology company based in Daytona Beach, FL, partners with Airflow from San Francisco, CA, an aerial logistics company building next-generation aircraft, to explore using the VerdeGo Aero hybrid-electric powertrain system in the... more
ITJ Video News – 3 December 2020
In the ITJ Video News of 3 December 2020, editor-in-chief Chris Doepgen presents a new link between the port of Cork and Zeebrugge, offered by CLdN; ground handler Saudi Arabian Logistics Company; the new CEO of the Montreal Port Authority; Kombiverkehr’s options in Hanover; and... more
DB Schenker clinches deal with British Airways
In 2010, the European Commission – along with other competition authorities globally – fined eleven airlines almost EUR 800 million as a result of the illegal coordination of fuel and security surcharges. Now, Deutsche Bahn has reached an out-of-court settlement with British... more
Renewed air transport solution for Alaska
Ascent Global Logistics, based in Belleville, MI, has acquired Alaska-headquartered Hageland Aviation Services, which operated as the Ravn Connect component of the former Ravn Alaska, and launched Rambler Air. From early 2021, the new airline will serve commuter flights as well... more
Digitalising the timber supply chain
Timber Ex-change is the new marketplace launched by the timber trade company Centersource. It is designed as a digital toolset for forwarders, sawmills and importers. The digital platform provides users with a common marketplace to streamline every step of the timber supply... more