UK fund manager acquires ASL Aviation 
Star Capital Partnership has reached agreement with ASL Holding's shareholders, Compagnie Maritime Belge (51%) and 3P Air Freighters (49%), to acquire a 100% stake in ASL Aviation Holdings. The latter acquired the airline operations of TNT Express in 2016. The financial terms of... more
More contracts collared, but turnover shrinks
Green Cargo, a state-owned railfreight enterprise in Sweden, has posted its 2018 annual results. They were impacted by decreasing transport volumes, rising fixed costs and extreme weather conditions. The 2018 turnover sank by 4% to SEK 4.21 billion (EUR 402 million). The... more
Globaltruck Management augments fleet
Globaltruck Management, one of the largest FTL trucking companies in Russia, has tabled its operating results for full year 2018. As of 31 December 2018, the group’s truck fleet in operation totalled 1,363 vehicles, 223 trucks or 19.6% more units compared to 31 December... more
Pamyra collaborating with Fresh Logistics System
Pamyra.de, a Germany-based transport comparison platform, has entered into a partnership with the logistics service provider Fresh Logistics System (FLS). The aim is to stop empty truck runs from Hamburg to Berlin in future. FLS lorries haul vegetables, fruit and plants... more
Roll-out of direct Belgium to Italy rail link
H.Essers and the private railway company Lineas Intermodal have launched a direct freight train service between Genk (Belgium) to Trieste (Italy). Currently running twice per week, the offer will be stepped up to thrice weekly at a later date. Thanks to this new link,... more
Mues shoulders COO role at Imperial Logistics
Juergen Mues has been appointed COO of Imperial Logistics International, as of 15 March 2019. Reporting to CEO Hakan Bicil, Mues will assume overall responsibility for all operational aspects of the business, which employs some 9,000 staff at 170 locations in 20 countries... more
Swiss watchdogs check out Gateway Basel Nord
Switzerland’s competition commission (Weko) is to examine the proposed merger of SBB, Hupac and Rethmann. The three companies want to jointly build Gateway Basel Nord (GBN), a hub for import/export traffic, transalpine transit traffic, and road/rail/barge transhipment services.... more
Return to roots for Nohra’s new manager
Dennis Strittmatter has been selected to manage Zufall Logistics’ branch office in Nohra (Germany). Strittmatter, a trained freight traffic specialist, has been entrusted with strengthening and expanding the office together with the colleagues that work there. Given this... more
More trucks for asphalt haulage
Liquid foodstuffs, dry and liquid bulk, chemicals and asphalt: there are many uses for tank and silo trailers – and their deployment often generates more attractive margins compared to palletised freight. Hauliers who want to operate risk-free in the tank and silo business... more
Toyo Tires renews contract with Fiege
The Japanese tyre maker, Toyo Tires, is extending its logistics contract with Fiege for several years. Fiege has already overseen the supply chain for Toyo Tires Europe in Germany and Austria since 2006. From 2011, Fiege began to supply the Benelux countries with Toyo tyres.... more