Drewry: prices and lead rates better than expected 
The coronavirus outbreak will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020 - although better than in 2019, says London (UK)-based maritime intelligence provider Drewry. Its latest published container equipment... more
Railway helps to keep the lights on in UK
Teams at GB Railfreight (GBRf) are continuing to work closely with energy company Drax to maintain supplies of the sustainable biomass needed for the UK’s largest power station to generate electricity needed by millions of homes and businesses during the Covid-19 crisis.... more
All divisions of KN affected
As a result of the coronavirus pandemic, business volumes declined sharply in the first quarter of 2020. Kuehne + Nagel Group's net turnover (-6.2%), gross profit (-5-1%) and earnings (-23.2%) were significantly below last year's levels. Furthermore, currency fluctuations had a... more
DB Cargo strengthens its marketing team
DB Cargo has appointed Martell Beck to its marketing team. The former head of marketing at the Berliner Verkehrsbetriebe (BVG) will assume the leadership of the newly created segment “marketing and transport policy” on 1 June 2020. He will report directly to Sigrid Nikutta, DB... more
Extending payment deadline for port dues
In order to ease the burden on companies in the port in the days of the pandemic, Antwerp Port Authority has agreed to let them delay payment of port dues for seagoing ships and barges. After consulting Alfaport, the Port Authority has agreed to extend the payment deadline for... more
Port of Barcelona names new department heads
The port of Barcelona has appointed new directors for projects and infrastructure and concessions management. Miguel Ángel Pindado, who is already working for the port, will now also take over responsibility for external projects, which includes connectivity of rail and road... more
VTL plans upgrade
Despite the currently difficult situation, the general cargo cooperative VTL has given the green light for the comprehensive future project VTL Next. “We do not just want to react, we want to shape our future by our own efforts. The sooner we get started, the better,” said VTL’s... more
ERS Rail augments intermodal service
Eastern Bavaria, a dynamically developing industrial region in Germany, received a direct connection to overseas destinations a few days ago thanks to ERS Rail. The company expanded its seaport hinterland network for container rail transport in Germany and introduced a new... more
Vietnam Airlines' international and domestic relief
According to Baltimore's Johns Hopkins University, China's neighbour Vietnam, with 268 confirmed cases of Covid-19 and zero deaths, is coping relatively well with the pandemic. After privately owned Bamboo Airways delivered medical equipment to Europe one month ago,... more
Maersk launches intermodal box service in Russia
Maersk’s offer of intermodal solutions for the Russian market is expanding. A new container service was launched this month (April), connecting the port of Novorossiysk on the Black Sea with the dry port Vorsino near Moscow (Kaluga region). The new service is offered... more