ABC makes big moves in Belgium
Airbridge Cargo Airlines (ABC) has chosen Worldwide Flight Services (WFS) as its handling partner to accelerate its strategic partnership with Liege airport ahead of the opening of the first phase of the Belgian airport's new dedicated cargo area at the end of 2019. The... more
Czech carrier receives first Railpool locomotive
CD Cargo has extended its fleet with a Traxx 187.344 locomotive (type Traxx F140 AC3) from the Railpool fleet. The Czech rail service provider first used the locomotive last week to haul a train to Krems on the River Danube in Austria. The new unit, equipped with the... more
Freight railway expanding in Antwerp
DB Cargo is reinforcing its sales power in Belgium. The German railfreight service provider announced that its new production enterprise, DB Cargo Belgium, has commenced operations in Antwerp, Europe’s second largest seaport. The new company, which is also active in Ghent... more
Thierry goes, Thierry comes
At its AGM, the French-speaking section of the Swiss logistics association Spedlogswiss elected Thierry Moreno as its new president. He replaces Thierry Dornier, who played a pivotal role in bringing logistics associations from western (French-speaking) Switzerland together to... more
Panalpina increases profitability by 15%
In Q1/2019, the international freight forwarding and logistics company Panalpina increased its profitability compared to the same period of last year, reporting an ebit of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF... more
Time for greater collaboration
Growth rates are already considerable – but the railfreight operator UTLC Eurasian Rail Alliance (UTLC Era) wants more, as CEO Alexey Grom told the ITJ in a recent interview. At the Transpotec Logitec trade fair in Verona he introduced UTLC’s new UTLC Eurasian Rail Alliance... more
Laurels for DSV, Geis and Noerpel
IDS Logistik, Germany’s largest general cargo alliance, announced that DSV Road came top in its 2018 quality ranking list. Second place went to Geis, and third place to Nörpel. The 2018 “shooting star” was Rieck's depot in Dresden. Due to a range of quality measures, the... more
New majority shareholder for West Atlantic
West Atlantic has been discussing principal terms with Lusat and certain major players holding bonds in the company’s outstanding bond loan for a refinancing of the group. The offer made by Lusat has been accepted by the shareholders of the company and certain major... more
Cargoline reports strong growth in Germany
With 12.48 million outgoing consignments (up 2.3%) and a turnover of EUR 1.42 billion (up 2.9%), the German general cargo network Cargoline completed another successful financial year in 2018. Domestic traffic (with an increase of 2.5%) was a particularly strong driver of... more
Switzerland: railfreight traffic growing
BLS Cargo posted a CHF 2.3 million profit in 2018, CHF 4.2 million less than in 2017. The private Swiss railfreight company generated higher revenues in 2018 because it transported more goods as the main carrier. The 2018 turnover came in 7.2% higher than in the preceding year.... more