Divestments and investments of Royal Vopak 
The tank storage company Royal Vopak achieved revenues of EUR 296.9 million in Q1/2020. Ebitda amounted to EUR 200 million compared to EUR 215 million (pre-divestments) in Q1/2019. On 31 January 2020, Vopak completed the earlier announced divestment of its 100% shareholding in... more
Italian group to double round trips in Sweden
TX Logistik (TXL), part of the Italian railway group Polo Mercitalia, has expanded its rail freight traffic in Sweden. As of 6 April, the number of trains for the Swedish retail chain Coop was increased from 10 to 20 per week. The connection is used to supply foodstuffs to... more
Efforts abound in South American markets
After widening its intra-American network, Latam Cargo is strengthening its supply between South America and Europe. Specifically, the company added a seventh weekly frequency, totalling a 40% increase in its offer compared to the period prior to the pandemic. Up until 18... more
1,000 beds per week on the move
Gefco is currently transporting around 1,000 beds per week to destinations all over Europe on behalf of Hill-Rom, a provider of hospital equipment. Due to the Covid 19 crisis, demand for these services rose substantially in recent weeks. Gefco France in Rennes coordinates the... more
Tobias Kassner to lead research dept. at Garbe
Garbe Industrial Real Estate is reinforcing its research sector by appointing Tobias Kassner as new head of research. Kassner, a real estate economist and logistics expert, has more than twelve years of real estate experience and held a range of positions at Bulwiengesa in... more
Launch of China–Austria container service
RZD Logistics (RZDL) has launched a new transit container service from Shenyang (China) to Enns (Austria) via the Zabaykalsk border crossing. The project was implemented in close collaboration with Chinese logistics company Sinotrans. The first train, loaded with industrial... more
Alliances weathering the storm differently
Deep-sea carriers have currently blanked 435 sailings. The Copenhagen-headquartered maritime consultancy Sea-Intelligence said in a recent bulletin that these cancelations stand for a decline in demand of 7 million t in 2020. The blanking measure, however, protects the... more
Even Ryanair joins the ranks to fight the pandemic
As March passenger traffic plunged by 48% year-on-year, even the Irish low cost carrier Ryanair diversified its business, operating 33,000 scheduled flights (64,000 budgeted) last month. They included a number of rescue and medical flights on behalf of various EU... more
'Geodis Countbot' for safe warehouse inventory
Geodis and Delta Drone have launched 'Geodis Countbot', a stabilized automated system, equipped with a drone, which is able to carry out inventory and inventory checks. An inventory can be done in real time, without human intervention other than a supervising operator, and... more
Passing on oil price reductions
The freight forwarding associations Fiata and Clecat have called on the liner industry to relieve the burden imposed by Covid-19. With regards to the sudden decline of the price of very low-sulphur fuel oil (VLSFO), just after the steady rise in costs last year caused by the... more