Investment at London Medway
A GBP 5.5 million (EUR 6.3 million) investment in the London port of Medway will allow the hub to replace its Royal Bridge Pontoon. The work will include a new 12 m wide and 45 m wide ramp to allow larger stern-ramp ro-ro vessels to berth at the port.The move to allow more... more
Utair planning Ufa–Vienna service
Utair Aviation launched a second Vienna route today, 3 June. The Russian airline, which is under substantial financial pressure, launched a flight from Moscow Vnukovo airport two years ago, and has now added a twice-weekly Boeing B737-500 service from Ufa, the capital of the... more
New technical director for port of Turku
Markku Alahäme is starting as the port of Turku’s new technical director at an interesting time. He will find a large project concerning a joint passenger terminal for shipping companies on his desk.Alahäme has the pre-requisites needed for the large project, having worked for... more
New train linking Baltic and Ukraine
The Lithuanian railfreight operator LG Cargo is launching a new container train from Klaipeda (Lithuania) to Kiev (Ukraine) in June. The weekly train will be able to carry 10,000 teu a year and cover the Lithuania–Ukraine route in 36 hours. This service has been designed to... more
K+N issues inaugural bonds for CHF 400 million
Kuehne + Nagel International has issued two inaugural bonds, as part of its ordinary financing efforts. The proceeds of the bonds will be used for general corporate purposes.The first CHF 200 million bond has a fixed coupon of 0.02% and a tenor of three years and five months,... more
App optimises HGV transport in Hamburg
Eurogate Intermodal (Egim) has introduced an amended version of its T Road application that simplifies route planning for local traffic in and around the port of Hamburg. The app takes current market needs into account, particularly with respect to the port’s slot booking... more
Night Star Express enhances infrastructure
Night Star Express has installed new conveyor equipment at its hub in Hünfeld (Germany). Among other advantages, the belt system significantly improves ergonomics and increases occupational safety. The flow of more than 11,000 packaging units per night was simplified and... more
Bati Group presents new logo
After 27 years, the Bati Group, a Turkish logistics provider, is releasing an updated brand identity, which includes a new logo, colours, and font. The significant logo change replaces the old rotating world with two red arrows with a new logo that surrounds Bati's global world... more
DHL enhances intercontinental fleet
Currently replacing the older intercontinental fleet with modern freighters, DHL has commenced revenue service with the first of the new B777Fs. The aircraft will strengthen DHL’s intercontinental services and connect the major DHL hub in Cincinnati OH (USA), from where the... more
Swiss Post sees profit dwindle
Swiss Post achieved a lower result in Q1/2019 than a year earlier. The mail service provider’s Q1/2019 consolidated net profit amounted to CHF 130 million, CHF 17 million lower than in Q1/2018. Ebit came in at CHF 172 million, CHF 35 million lower than in Q1/2018. The... more