Making "mini freighters" play the biggest role
Frankfurt-based trade-only charter specialist NEO has completed a programme of 20 charters using Metro, Saab 340, ATR42 and ATR72 freighters. These "mini freighters" with capacities between 2.1 and 9.2 t carried urgent automotive components from Portugal and Spain... more
Rail sector needs planning security
German’s rail sector generated a new record turnover of EUR 14.4 billion in FY/2023. Incoming orders rose by 57% to an all-time high of EUR 21.5 billion, the German Railway Industry Association (VBD) reported. At EUR 10.4 billion, the vehicle business remains the strongest... more
Pursuing sustainability and growth
Finnlines faced economic challenges in the EU in 2023, with revenue dropping to EUR 680.7 million, down 8% from 2022. Nevertheless, passenger travel on Finnlines vessels increased by over 17%. The Finnish shipping company completed its EUR 500 million green newbuilding... more
Status reports with GPS
The Europe-wide general cargo network Online Systemlogistik (OSL) has introduced the real time transmission of GPS data to improve the information on the status of the shipment. Previously, status reports were only sent by scanning. The GPS data now adds more details to the... more
Oceanis analyses impact of rising rates
In its state of ship finance report for Q1/2024, the Hamburg-based ship finance company Oceanis highlights potential risks in banks' pricing abilities. With rising interest rates, banks have seen increased profits, but strong shipping markets and competition for leverage have... more
Vacad re-elects chairman of the board
At their annual general meeting on 5 March 2024, the members of the German air cargo handlers' association Vacad re-elected all members of the executive board in recognition of their successful work over the last year. Claus Wagner, managing director of Frankfurt Cargo... more
Expanding pallet network in East Anglia
Pall-Ex Group has recruited of Cross Country Carriers, thus strengthening its network in East Anglia, UK. Founded in 1978, the forwarder provides general haulage, contract hire, Moffett fork truck operations and flatbed work services in the UK. Pall-Ex Group is a network of... more
Easter week to pack a punch
DHL has some busy weeks ahead with the upcoming Easter season and the introduction of a new vending system for parcels. In collaboration with One Stop Box, Automations-Lösung, a subsidiary of the DHL Group, has launched new vending machines that are open to all parcel service... more
Expanding the Lower Danube
Bulgaria and Romania developing waterways for goods transport. The Lower Danube, a section of ‘Pan-European Transport Corridor 7’, is theoretically very important as a connection between the Balkan Peninsula and Central and Western Europe. In practice, however, its potential for... more
AD Ports invests in the Middle Corridor
The group is acquiring a 60% stake in the Tbilisi Dry port from Inveco. The facility is a new custom-bonded and rail-connected intermodal logistics hub in Georgia, situated on the Middle Corridor connecting Asia and Europe. The terminal is expected to be operational by... more