Changes in the board of directors
Thomas Staehelin, whose mandate as a member of the board of directors at Kuehne + Nagel ends with the AGM on 5 May 2020 after 42 years of service, will no longer stand for re-election. At the same time, Dominik Bürgy will be proposed for election to the company's board of... more
18 LNG trucks to transport helium in 2021
The Russian energy company Gazprom plans to purchase gas-powered vehicles to transport liquid helium. Freight trucks powered by liquefied natural gas (LNG) will be used for this purpose. Batch production of these trucks will be carried out at the facilities of Kamaz, a truck and... more
Last-mile facility for Amazon
Panattoni is developing another property for Amazon Logistics, the division that handles Amazon's last mile deliveries. In Magdeburg (Saxony Anhalt, Germany), Panattoni will set up a 6,666 sqm logistics area and 1,025 sqm of office and social spaces on a 60,000 sqm site.... more
Coronavirus: combined transport keeps moving
In view of the COVID-19 infections reported over the weekend from Northern Italy – mainly the regions of Lombardy and Veneto – and the resulting swift actions announced by Italian authorities, the European combined transport sector and its representatives in Italy in particular... more
Essa Al-Saleh steps down as CEO of Agility GIL
Agility has announced that Essa Al-Saleh, the CEO of its global integrated logistics (GIL) business, will be stepping down after thirteen years in the role and twenty-two years with the company. He will be succeeded by industry veteran Chris Price, who will become GIL CEO on 1... more
Delivering Saudi Arabia's most significant horse race ever
Instone Air has been working with Luck Greayer Bloodstock Shipping (LG), combining their bloodstock transportation expertise to support the world’s most valuable horse race, The Saudi Cup, which takes place in Riyadh today, 28 February 2020, and tomorrow, offering prize money of... more
Josef Steinkellner to lead Hertzog & Partner in Austria
Josef Steinkellner, who has been a co-partner in Hertzog & Partner Österreich since 2017, has taken over the management from Albert Klamert, ensuring that the company, which was founded by Hertzog & Partner Deutschland and Albert Klamert in 2008, remains on a solid,... more
K & N: good overall performance, air freight stays afloat
The Kuehne + Nagel group recorded a significant improvement in its results in the business year 2019. Compared to the previous year, net turnover increased by 1.5% to CHF 21.1 billion, and gross profit rose by 3.5% to CHF 8 billion. Ebit improved by 7.5 to CHF 1.1 billion,... more
Mixed performance of the ports of Europe in 2019
Europe's main ports have published their results for 2019, showing that total container throughput in the 15 most important ports in Europe saw an increase of 2.8% compared to 2018. However, growth rates were considerably lower than in 2018 (4.7%) and 2017 (4.6%). The... more
SAA to heavily downsize network
In line with South African Airways' (SAA) "commitment to take urgent action to conserve cash and create a viable platform for a successful future", key measures will affect the airline's network as follows from tomorrow, 29 February 2020: SAA will continue to... more