Nasmyth Group hires Stuart Fyfe as CFO 
Stuart Fyfe has been appointed chief financial officer of Nasmyth Group. For the past six years, he was group financial director for an international company, managing a portfolio of brands in the HVAC sector. Fyfe: “I am delighted to be joining Nasmyth Group as CFO, having... more
Scan Global goes New Zealand
New Zealand freight forwarder Orbis Global Logistics was the next on the list of its North European competitor Scan Global Logistics. On 5 October, Orbis' shares will change hands. Financial details were not disclosed. With this takeover, SGL will significantly strengthen... more
ICS proposes decarbonisation by tax
The International Chamber of Shipping (ICS) has presented to the International Maritime Organisation (IMO) a new proposal for a market measure (market based measure, MBM) in the form of a global fuel tax. Its aim is to “accelerate the deployment of fuels with zero carbon... more
Taiwan: 30,000th vehicle handed over
Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has delivered the 30,000th Fuso truck in the Taiwanese market. The vehicle was handed over to construction company Yi Kung Construction, which currently operates 15 Fuso vehicles in its fleet. The light-duty Canter will therefore... more
WFS welcomes SriLankan at LHR
SriLankan Airlines has become the first new customer at Worldwide Flight Services’ (WFS) "Centerpoint" cargo handling terminal at London Heathrow. The airline has awarded WFS with a 32-month contract, commencing in September, to provide cargo handling and airside... more
Belarusian sawmill orders Russian flat cars
Russian freight car manufacturer UWC will deliver a batch of new generation flat cars for the transportation of timber to the Belarusian woodworking company Vitebsk Sawmill. The cars are scheduled to arrive by the end of Q1/2022. The flat car of the 13-6895 model... more
Alitalia Cargo adds Mumbai service
The twice weekly "all-cargo" direct connections of Alitalia, whose successor ITA plans to begin operations on 15 October, to Delhi and Tokyo NRT will continue throughout the month of September. The company added a new connection from Milan MXP to Mumbai yesterday,... more
Fresh cash for AI startup
It is a good time for tech logistics start-ups: Singapore-based Portcast has completed its USD 3.2 million pre-series A financing led by Newtown Partners with Wavemaker Partners, TMV and Innoport and SGInnovate to make artificial intelligence profitable in logistics.... more
Dnata chooses Charles Galloway
The global air and travel services provider Dnata has appointed Charles Galloway as its regional CEO for the Asia Pacific region. Galloway has over 20 years of experience in the global aviation, travel and logistics industries. He has been working for Dnata for three years and... more
The shipper's view
According to the latest container shipping market review carried out by MDS Transmodal and the Global Shippers Forum (GSF) and distributed by the Swiss Shippers' Council (SSC), container traffic continues to grow, but the market is still in turmoil. Container flows increased... more