FSN Capital invests in MHP
Scandinavian private equity company FSN Capital is to take over a majority holding in the MHP Solution Group, a provider of logistics software in the DACH region, from Elvaston Capital. The agreement provides for FSN Capital to acquire 77% of the shares in the company, with... more
Champ Cargosystems appoints CEO
Champ Cargosystems, the integrated IT solutions and distribution services provider for the air cargo transport chain, has appointed Chris McDermott as CEO, effective 1 October. McDermott is currently vice president passenger solution lines at SITA, which owns 51% of Champ... more
Second Pakistan carrier with widebody capacity
Becoming the second active Pakistani carrier operating widebody jets after Pakistan International Airlines, Islamabad-based Serene Air took delivery of its first A330-200 at the end of August. The privately-owned carrier currently operates four B737-800 (photo) on domestic... more
Outsize milling machine from Belgium to New York
Chapman Freeborn recently managed a heavy and outsize cargo operation to transport a milling machine from Liege (LGG) to New York JFK. The team worked alongside ASL Belgium Airlines to charter a B747F for the transport. At over 10 m long, 3 m wide and weighing around 28 t,... more
DB Schenker offers stability package
DB Schenker has approved a stability package for customers of its competitor Damco. Intended for affected companies, the package includes an offer to take over short-term service agreements of up to two months’ contract period for the same conditions as agreed with Damco.... more
UK Operator adds theft-resistant curtainsider
In response to heightened activity in online shopping, largely brought on by Covid-19, Preston (UK)-based Forge Logistics has purchased a Krone Profi Liner trailer with reinforced curtains, sliding roof and flush-fit rear doors, all of which say the company add flexibility,... more
Géraldine Périchon joins Getlink as CFO
Géraldine Périchon, until recently with Groupe Suez, has been appointed CFO for Getlink. She will have responsibility for financial reporting, corporate finance, investor relations, legal, IT and CSR. She joins the group executive committee chaired by Yann Leriche. Leriche... more
A milestone in Taranto
With the completion of the head of the Molo San Cataldo almost two months ahead of schedule, RCM Costruzioni of the Rainone group adds another facet to the redesign of the seaport of Taranto, Italy. The project implemented by the Port Authority of the Ionian Sea comprises... more
St Francis Group sells logistics space
St Francis Group announces the sale of 52,000 sqm of logistics space to Tristan Capital Partners. A Tristan Capital Partners fund has bought a GBP 68 million UK logistics portfolio from the Richardson family, which comprises Cransley Park, Kettering and Velocity 42, Redditch... more
Danica strengthens position in the Baltics
Danica Crewing Specialists has opened a new office in Riga, Latvia – giving access to a large and growing pool of highly competent officers from the Baltic countries. Danica managing director Henrik Jensen said: “These countries boast large pools of highly competent and very... more