Moderate impact on Finnlines Group's Q1/2020
Emanuele Grimaldi, President and CEO of the Finnlines Group has released the group’s results for Q1/ 2020. He stated that the group’s revenue of EUR 130.5 million for January–March 2020 remained close to Q1/2019 with EUR 137.6 million. During the first quarter, Finnlines... more
Yet more solar energy for Gebrüder Weiss
Gebrüder Weiss now relies on sustainable electricity for its operations in Lower Austria as well. On a total area of 16,000 sqm, a new solar plant in the company’s location in Pöchlarn produces around 1,725 megawatt hours (MWh) per year. A large part of the photovoltaic... more
Two new executives back up management team
Markus Schrick and Matthias Wollenberg have joined the management team within the Mosolf Group. As managing directors of the newly founded subsidiary Mosolf Move-Tec, they will oversee the company’s product portfolio in the special vehicle construction and alternative propulsion... more
An LCC with post pandemic cargo plans
As Ukraine is gradually relaxing lockdown conditions from today, 11 May 2020, the country's LCC Skyup Airlines, which began its operations in May 2018, is starting to develop cargo transportation. The carrier has received all the necessary licences and permits, as well as... more
ONE to Oakland
The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International Container Terminal for the first time. Each of the... more
Simon Lembke to lead customs applications at Dakosy
Simon Lembke is the new head of customs applications at Dakosy. An expert for promising future-oriented technologies, he has a broad spectrum of experience in the transport and logistics industry which he was able to build up during his time as deputy head of the PCS (port... more
Logistics providers fear missed opportunities for Alitalia
Alitalia’s decision to suspend the Rome – New York service in May has angered Anama (Associazione Nazionale Agenti Merci Aeree), the air cargo arm of the Italian freight forwarding association Fedespedi. President Alessandro Albertini: "The decision to cancel this... more
Algeciras and Tanger Med keep the Straits open
In times of Covid-19, the ports of Algeciras and Tanger Med are both keeping the Strait maritime link active for trucks and semi-trailers with the same level of service as before the pandemic. Both container terminals APM Terminals Algeciras and TTI Algeciras are fully... more
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