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
HL grants Schlotfeldt more time
The supervisory board of the Hamburg (Germany)-based carrier Hapag-Lloyd has extended the contract of Joachim Schlotfeldt, its chief personnel and global procurement officer (CPO), by two years, until 31 March 2023. Michael Behrendt, chairman of the supervisory board, said:... more
New head for Fedex Express Europe and TNT
Fedex Express has appointed Karen Reddington as regional president, Fedex Express Europe and CEO of TNT, effective 1 June 2020. A 23-year veteran of Fedex Express, Reddington most recently served as regional president of the Asia Pacific region. She succeeds Bert Nappier,... more
DFDS partners with Global & Local Enterprises
DFDS Logistics in Ghent (Belgium) has decided to outsource its repair and maintenance workshop to Global & Local Enterprises, which manages a chain of workshops with well-trained mechanics and supervisors. This company will now handle the repairing and maintenance of DFDS’... more
More money for trade corridor in Texas
The Port of Corpus Christi was awarded a grant by the Texas department of transportation (TxDOT) under the 2019-2020 port access programme for safety improvements to the Joe Fulton international trade corridor and Rincon Road leading to the Rincon industrial complex.... more
Analyst issues warnings for June
May 2020 was not as bad for the air cargo industry as the previous month. As indicated in data from Clive Data Services, the industry has passed the lowest point. After a -37% decline in volumes YOY in April, the corresponding figure for May of -31% showed a slight upward... more