Acquisitions boost growth
Despite increased economic uncertainties, TIP Trailer had another good year in 2019, with a revenue growing by 11% to EUR 626 million and an ebitda margin rising from 30% in 2014 to 39% in 2019. The Dutch trailer rental company also closed two strategic acquisitions, Pema... more
Big dream seems worth coming true
Maskargo has flown a Malaysia Airlines' A380 to London carrying only cargo. The flight departed Kuala Lumpur on 28 April 2020 with 26 t of cargo made up of mostly e-commerce goods originating from Guangzhou. CEO Ibrahim Mohamed Salleh: "With the volume of cargo... more
500 new trucks for safe and sustainable transport
The German Hoyer Group has taken delivery of more than 500 new trucks, for which it has invested around EUR 42.7 million. The forwarder ordered the majority of the trucks to supply mineral oil in Great Britain. The vehicles were built by truck manufacturers MAN, Scania and,... more
Rail frequency from and to China reaches historic level
Normally, between 35 and 40 trains travel between Duisburg in Germany and various destinations in China every week. This number had declined in February and March. But since the lock-down was lifted in some provinces, China’s economy has quickly started up again. Last month,... more
Not all figures deep in the red in Q/1
IAG Cargo has announced its Q1/2020 results, reporting commercial revenues of EUR 246 million over the period from 1 January to 31 March 2020, a decrease of 11.6% on the same period in 2019 at constant currency. Overall yield for the quarter was up 4.8% when compared to the... more
Protecting London's ambulance service
Davies Turner has handled the shipment of a large consignment of products donated by Hunter Boot for the London ambulance service. The consignment consisted of 25 pallets of the British heritage brand’s iconic women’s original zall wellingtons, which the manufacturer has... more
ICTSI: volumes up in Q1/2020
The outbreak of the pandemic also affected the results of Q1/2020 of terminal and port operator ICTSI. Enrique K. Razon Jr., ICTSI chairman and president, spoke of "devastating effects on our societies" and a necessary "significant amount of combined effort from... more
Regional aircraft to combat Covid-19
Since Madagascar's government declared a state of health emergency on 20 March 2020, the national carrier Air Madagascar and its regional subsidiary Tsaradia, founded in 2018, have been supporting the authorities in their fight against the pandemic. Thus the carriers' cargo... more
DSV augments LCL-Services in Hamburg
DSV and Panalpina have been operating under one flag in Germany since January 2020. In Hamburg, the merger brings an expansion of capacities and services - particularly in the LCL segment. Since the beginning of this year, DSV Air & Sea has been using Panalpina's storage... more
New North Sea hinterland connection introduced
In Germany, Eurogate Intermodal (EGIM) has extended its service network with a direct connection between Bremerhaven-Nordhafen and Frankfurt/Main. The new service started on 3 May 2020. The container train offers two direct shuttle runs per week between the Eurogate... more