European support for Estonian railway upgrade
The European Investment Bank (EIB) has signed a EUR 95 million, 25-year tenor, loan agreement with the Estonian national railway company Eesti Raudtee to modernise the Estonian network. All interventions are located on the TEN-T, including on the North Sea – Baltic Corridor.... more
DVF welcomes Konux
Konux has joined the Deutsche Verkehrsforum (German transport forum, DVF), bringing its expertise in the rail industry to support the aims of this national association for mobility that campaigns for an efficient and sustainable transport system. The start-up company enables... more
Logifarma joins Bomi Group
Bomi Group, a provider of integrated logistics serving the healthcare sector, announces the acquisition of Logifarma, a long-standing Italian company specialising in pharmaceutical logistics. Logifarma was born in 1997 in Pomezia. To date, the company is one of Italy's... more
BA reconfigures interiors of two B777-200
British Airways has removed the seats and stripped the interiors of two of its grounded B777-200. In March, the airline began operating cargo-only services with no passengers, carrying cargo solely in the hold. In April, BA started carrying cargo on its seats, while these recent... more
Two traditions merging in Basel
An acquisition in Switzerland: The Basel-headquartered Nauta, a freight forwarding and logistics company founded in 1947, has acquired the company Bonatrans, founded in 1977. Marino Ballo, managing director and owner of Bonatrans, will stay on board in supporting the... more
Hyperloop project Zeleros raises EUR 7 million
Zeleros Hyperloop has completed a financing round worth more than EUR 7 million. The company starts a new and important phase in the development of its version of hyperloop, the “fifth mode of transport” and an alternative for the future to provide efficient and sustainable... more
Astre forges ahead on Iberian Peninsula
Astre’s Spanish branch continues broaden its footprint on the Iberian Peninsula: the European network has incorporated the Spanish freight forwarder Transnaba Orihuela from Alicante into the group. Founded in 1960, this family-run company specialises in food, parcel and... more
New facility for automotive logistics
After almost a year of construction, Garbe Industrial Real Estate has completed an automotive logistics centre in Flechtorf to the south of Wolfsburg in Lower Saxony (Germany) for engineering services provider Bertrandt. The property with a 30,000 sqm hall area was officially... more
Transport market for fashion industry bounces back
Light at the end of the tunnel: the transport market for the fashion industry is beginning to recover. "Customers are reporting improvements in all modes of transport, and data from our SCM software OSCA confirms this," said Setlog. The German software company... more
Is Murmansk cut off?
On 1 June, the bridge of the Murman railway over the Kola River between the rail stations Vykhodnaya and Kola collapsed under the massive weight of rising melt water levels. Two days before, the heavy pressure of the water had damaged one the bridge pillars, causing the tracks... more