Rental fleet to be expanded 
The Austrian Schwarzmueller group intends to expand its rental fleet by 15%. The company thus plans to deploy around 1,600 vehicles in Central and Eastern Europe in 2020. The strategy for the rental fleet will be brought closely into line with the company’s management of... more
U-Freight names operations director for UK subsidiary
As part of a strengthening of its team in the UK, the U-Freight Group has promoted Daniel Ludlow to operations director of U-Freight UK, its subsidiary in the United Kingdom. Ludlow started his career in the freight industry as a trainee export clerk with U-Freight UK in... more
Realterm closes EUR 100 million European logistics fund
Realterm has announced the successful closing of Realterm Europe Logistics Fund (Relf) at its hard cap of EUR 100 million to invest in the high flow-through (HFT) logistics real estate sector in Europe. Relf is the ninth fund raised across the Realterm platform and the firm’s... more
More methanol-powered vessels ordered
Stena Bulk recently announced a joint venture with Proman Shipping to build two methanol-powered vessels with delivery scheduled for the beginning of 2022. As a marine fuel, methanol is compliant with the IMO’s 2020 regulations by reducing sulphur oxides (SOx) by approximately... more
AA Cargo to add INC and PVG
American Airlines is expanding its cargo-only operation this month to provide more than 5.5 million pounds (2500 t) of capacity to transport critical goods each week between the USA and Europe, Asia and Latin America. After operating its first cargo-only flights since... more
Short sea link speeds up rail traffic
While demand for overseas traffic has declined as a consequence of the Covid-19 crisis, there is a growing need for rail transport along the New Silk Road. The Group of European TransEurasia Operators and Forwarders (GETO) and the International Coordinating Council on... more
Antwerp's strong figures in March
In the first three months of this year, 59.1 million t of goods were handled in the port of Antwerp (Belgium). In other words, total throughput in the first quarter of 2020 rose by 4% compared to the same period in 2019. With a growth of 9.5% in teu to 3.02 million teu and... more
PSA Mittelmeerzug between Basel and Genoa runs on schedule
At the end of 2018, PSA installed the Mittelmeerzug, the first-ever direct rail connection between Genoa in Italy and Basel in Switzerland. The train reduces the transit time for containers by at least seven days (sailing time required to reach the North-European ports) and... more
Former port president dies of Covid-19
Joaquim Tosas i Mir, the former president of the Port of Barcelona, has died after contracting Covid-19 at the age of 74. Tosas i Mir ran the Port of Barcelona between 1996 and 2004. During these years he oversaw big development projects and introduced telematics solutions. He... more
African airlines double up efforts
Ethiopian Cargo & Logistics Services, the freight division of Ethiopian Airlines which celebrated its 74th anniversary on 8 April, has extended its reach to 74 destinations. During March, Ethiopian transported 45,848 t of cargo deploying both its freighters and PAX fleets,... more