Vopak announces share buyback programme
The Dutch tank storage company Vopak has announced its financial results for full year 2019. Full year ebitda of EUR 830 million (2018: EUR 734 million) increased by EUR 96 million, reflecting a good aggregate business (including new assets) performance of EUR 37 million,... more
Airbus looks back to the future
Airbus China has been authorised to restart operations of the Tianjin final assembly line, which had been suspended after the coronavirus outbreak. This means it can gradually increase production. During the Singapore air show, Airbus revealed the 2 x 3.2 m (2.25 sqm)... more
Intermodal sector benefits from increased activity in Poland
After Rail Time Polska was taken over by Austrian ÖBB RCG in autumn 2019, the Polish carrier was renamed to Rail Cargo Carrier – Poland. Now ÖBB RCG has started providing its own traction services in Poland. The rail company bridges the gap on freight corridor 8 for... more
Qatar Airways not allowed to help
While Alitalia's fate still hangs in the balance, the final curtain has fallen for another Italian airline with ambitions for long-haul flights: yesterday, 11 February 2020, the shareholders' meeting of Air Italy (Alisarda with 51% and Qatar Airways/AQA Holding with 49%) decided... more
Ceva Logistics embarks on electric vehicle trial in London
Ceva Logistics in the UK is using its urban distribution hub at Dartford, Kent to undertake an electric vehicle trial for trucks delivering into central London. It also has become the first partner in Tevva’s electrify initiative, which aims to help companies to research... more
Jörg Sommer leaves Streetscooter
Jörg Sommer, CEO of Streetscooter, which is headquartered in Aachen, Germany, is leaving the company to pursue new opportunities. His departure, which is effective immediately, is by mutual agreement and on the best of terms. The change was prompted by strategic differences... more
CO2 reductions and business expansion go hand in hand
Lidl's new green fleet in Italy includes five biomethane-fuelled vehicles. The trucks are a result of the company's collaboration with IVECO, LC3 Trasporti and Edison. Lidl will use the vehicles to restock points of sale that are located close to the logistics centre in Somaglia... more
New logistics facility at German-French border
Panattoni is building a new hub comprising 25,000 sqm of logistics and industrial areas in Kleinblittersdorf (Saarland, Germany). On a former factory site, the company is planning two construction phases. In 2019, the automotive supplier HBPO already secured the first phase... more
IFS certificate for Dachser Schweiz
The air freight division at Dachser Spedition Schweiz now also complies with the requirements of the IFS logistics standards for foodstuffs. The company passed the test "at a higher lever" thanks to its excellent audit result. The division sea freight export FCL... more
Fresh structures for Mitsubishi Logisnext Europe
Mitsubishi Logisnext Europe (MLE), member of the global Mitsubishi Logisnext Group, is accelerating the optimisation of its material handling and logistics solution offers through further group integration in Europe. As of April 1, business and strategy execution will be... more