IAG Cargo's results boosted by pharma business
IAG Cargo generated commercial revenues of EUR 1.17 billion in 2018, 7.2% higher than in 2017 at constant currency. The overall yield for 2018 increased by 8.1% at constant currency. Sold tonnes rose by 0.2%, CTK volumes fell by 0.9% whilst capacity grew by 3.8%. CEO Lynne... more
Seat on Confitarma board for Cesare d'Amico
The Italian shipowners' association Confitarma has unanimously elected Cesare d'Amico to its board of directors and executive committee. D'Amico is CEO of the D'Amico Group, a Rome-based entity with offices around the world. On another front, the trade body has decided to... more
Maritime chooses Midlands Gateway as rail HQ
Multi-modal logistics company Maritime Transport has selected Segro Logistics Park East Midlands Gateway in the UK as its rail headquarters. The 91,054 sqm rail terminal will handle up to sixteen 775 m-long freight trains daily and provide storage capacity for over 5,000 teu –... more
Planet Mark certification for Yusen's new site
Yusen Logistics UK expanded its service offering with the opening of its state-of-the-art flagship warehousing facility in Wellingborough (UK) last year. Strategically located near major transport routes and road networks, the facility was the first unit at Prologis Park... more
Kerry appoints manager for Spain and Portugal
Kerry Logistics has appointed Marc Porta as managing director of its entities in Spain and Portugal. Based in Barcelona (Spain), Porta will be responsible for driving the business development strategy in the two countries, focusing on integrated and end-to-end supply chain... more
Panalpina betters bottom line
Panalpina presented mostly positive figures for 2018 at its headquarters in Basel (Switzerland). The takeover offer tabled by DSV and the possible collaboration with Agility were not mentioned. CEO Stefan Karlen said the two topics were matters for the board of directors.... more
Sweden: railfreight traffic flourishes in 2018
Around 398,000 teu were transported by rail to/from the port of Gothenburg (Sweden) in 2018. The number of rail containers shipped to/from the port rose by 13%, compared to 2017. The increase actually surged to 27% in Q4/2018. That improvement can be compared with the... more
Forthcoming amendment to K+N board
Jürgen Fitschen and Hans Lerch, who have served on the board of directors of Kuehne + Nagel International (K+N) for eleven and 14 years respectively, will step down at the company’s annual general meeting on 7 May 2019, and not stand for re-election to the said board. David... more
Europa expands hub in preparation for Brexit
Three years after its inauguration, Europa Worldwide Group, a major supplier of logistics services, has invested GBP 2 million in a reconfiguration programme at its hub in Dartford (United Kingdom). The upgrade was part of a long-term strategy to expand the site to meet growing... more