Moody's mood worsening 
It comes as no surprise that the rating agency Moody's sticks to its negative outlook for the global shipping sector for the coming 12 to 18 months. The outlook has been negative since March 2020. Yet, Moody's investors' service now draws an even gloomier picture in a new... more
Turkish Cargo carries one of every 20 air shipments
According to May data published by the air cargo analyst WACD (World Air Cargo Data), Turkish Cargo increased its market share to 5%, whereas the global air cargo market has shrunk by 28.5%. During the course of the pandemic, the industry was affected potently and decreased by... more
60 trains a week to deliver biomass in UK
DB Cargo UK has won a new, five-year “hook and haul” contract to transport supplies of sustainable biomass to Drax. The rail freight carrier will operate an average of 60 trains per week from the ports of Immingham and Hull to Drax Power Station in Selby, Yorkshire. Each... more
Siemens: software to link up parcel handling
Siemens Logistics is launching its new Network Booster software for parcel and mail distribution networks. This solution creates full visibility of processes within a network and allows enhanced network performance. Features include full monitoring and recording of... more
Alexander Bernhard to be sole CEO of Swan
Swan is looking ahead to a change at the helm at the end of July. From this date, Alexander Bernhard will take over the sole leadership of the project developer for SAP logistics with four locations in Augsburg, Nuremberg, Wächtersbach and Altenstadt in Germany. Co-owner and... more
First fuel cell HGVs en route to Switzerland
Hyundai in South Korea has despatched the first ten units of the Hyundai XCIENT fuel cell, the world’s first mass-produced fuel cell heavy-duty truck, to Switzerland. The company plans to ship a total of 50 XCIENT fuel cells to Switzerland this year, with handover... more
Dematic transport system for Yusen Logistics
Dematic is automating a new warehouse for Belgian logistics company Yusen Logistics Benelux. For this purpose, the intralogistics specialist will install a hybrid driverless transport system (hybrid-DTS) consisting of hybrid narrow-aisle DTS and hybrid DTS forklift trucks.... more
Coolport II is on the move
Kloosterboer will break ground on 13 July, starting to building a freezer high-rise building with a storage capacity of 60,000 pallet spaces at the City Terminal Rotterdam. The building is expected to be completed in January 2022. The construction starts two years after the... more
Keeping critical medical shipments moving globally
United Cargo has partnered with DSV Air and Sea to transport important pharma materials to places all over the world. One of the items most critical during the current crisis is blood plasma, a fragile product that requires very careful handling. Along with developed... more
Emirates Skycargo counts to 100 again
Emirates Skycargo will be operating scheduled cargo flights to 100 destinations across six continents during the current month. Some of the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Larnaca, Los Angeles, Male,... more