Management-buy-back on the Danube 
It is a re-transaction. South Africa-headquartered Imperial, which is stepping back from its European inland navigation activities, has sold its 90% holding in Multinaut Donaulogistik Gesellschaft to Peter Jedlicka, Multinaut’s managing director. In 2008, it was the other way... more
Drugs in turntables and washing machines
On 1 May 2020, US Customs and Border Protection (CBP) officers at Cincinnati airport inspected a shipment originating from Mexico destined for Prague. The package contained a DJ Pioneer turntable. After examining the rusty, broken item and probing what appeared to be the... more
Start-up delivers its first e-vehicle
The first electric utility vehicle made by Tropos Motors Europe was handed over to the industrial services provider Ifürel in Herne, Germany. The factory for the e-mobility brand, which has just been launched in the European market, started production in Herne at the end of... more
Will Maersk weather the storm?
A.P. Moeller-Maersk showed a better performance in this year's first quarter than expected. Nevertheless, the Danish container shipping company warned of a 20-25% decrease in volumes in the second quarter. Maersk posted a USD 197 million net profit in the first three months... more
Schuon heads for the Balkans
The German logistics company Alfred Schuon has augmented its transport service portfolio. Effective immediately, the provider offers weekly roundtrips to the non-EU countries of the Balkan Peninsula and from there back to southern Germany including customs handling services.... more
American Airlines back to the future in May
American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, up from 80 flights the week before. New destinations include daily flights between Dallas-Fort Worth (DFW) and Hong Kong and weekly... more
Bremenports' new digital tool
In cooperation with the Bremen (Germany)-based IT services provider Abat and its subsidiary ID-Impuls, bremenports has overhauled the software it has been using for billing port charges. Managing director Robert Howe: "The aim of the project was to ensure that our... more
DSV launches e-commerce solutions
Building upon its existing e-commerce services, DSV is launching e-commerce solutions, a comprehensive package for shippers that serve end customers directly. The new service combines a standardised warehousing process, off-the-shelf automation concepts, IT integration and... more
When "urgent" is not humanitarian
Indian PCN member Premier Global Logistics recently completed an air shipment totalling 7.6 t from Mumbai to France via Turkish Airlines. Managing director Rajesh Gupta: "The shipment was extremely time critical and we micromanaged everything from the airline booking to... more
New cleaning facility for locomotives
ITL Eisenbahngesellschaft, a subsidiary of Captrain Deutschland, is investing EUR 2.4 million in a 1,655 sqm extension to its specialised workshop for locomotives and waggons in east Germany. Construction began with a groundbreaking ceremony recently. ITL's new buildings... more