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
Collaborating for animal care
Movianto is extending its three-year old cooperation with TVM Tiergesundheit by another three years. TVM is the German subsidiary of the French company Dômes Pharma and develops medicines for animals. Its portfolio also includes products that require a cold chain. With a... more
Transalpine traffic: railfreight falls behind
37 million t of goods were transported through the Swiss Alps last year, 4.7% less than in 2022, with road haulage declining by 1.4% and railfreight by 5.9%. 916,000 trucks and semitrailers travelled through the Alps in 2023 - 12,000 fewer than in 2022. Nevertheless, road... more