Svitzer gears up for listing
Svitzer, a global towage and marine services provider, posted a 6% growth in revenue in 2023 to DKK 5,786 million (USD 0.84 million), driven by a record number of harbour towage tug jobs. Adjusted for foreign exchange impact, revenue increased by 9.5%. Ebitda rose 4% to DKK... more
Braving the Benelux market
Duvenbeck is to take over Netherlands-based Schotpoort Logistics. The transport and logistics company is headquartered in Germany but has made several expansions into European markets. Next up is Benelux (Belgium, Netherlands, Luxembourg). With the acquisition of Schotpoort,... more
Dimos’ ‘Intrac’ wins award
With its ‘Intrac’ fully automated pallet mover, Dimos simplifies and improves the handling of unit load devices (ULDs) in airport logistics. Dimos was presented with the runner-up award in the “ground support solutions” category at the airport excellence awards, part of the... more
Bettina Baumann promoted to CEO
A change at the helm at the Munich-based family business Baumann Paletten: Bettina Baumann took over from Alex Rothaermel as new CEO on 1 January 2024 after successfully completing her studies. The company is also planning changes in its business model to meet new... more
Lower volumes in combined transport
Falling demand, strikes, declining quality and cost pressures have impacted freight volumes: In 2023, Germany-based Kombiverkehr shifted a total of 815,467 truckloads from road to rail, or 1.63 million teu. The company therefore shipped 15.9% fewer containers, swap bodies and... more
A promotion for Edvinas Demenius
Smartlynx Airlines has welcomed Edvinas Demenius as chief executive officer. He has been chief commercial officer and a member of the company’s board for over seven years and has helped developing Smartlynx into a major global ACMI provider during challenging times for the... more
First e-ATA carnet issued in the USA
Los Angeles-based Rock-it Cargo has issued and processed the first US digital ATA carnet for a time-critical hand-carry shipment from New York to London. It was used to ship microphones, designed by Emmy Award-winning costume designer Perry Meek, to this year’s TPI awards... more
For the future of fashion
The French clothes retailer Gémo has chosen the Manhattan active warehouse management system for its digital transformation, aiming to meet growing demands for omnichannel and sustainable purchasing. The warehouse management solution is provided by Manhattan Associates and... more
Industry fights transit bans
Germany’s federal association for road haulage, logistics and disposal (BGL) has joined forces with other European associations to oppose the ban prohibiting truck transit on Friday afternoons on the Tauern motorway. According to the BGL, this regulation, which Austria... more
Hermes 5 goes live in Portugal
Hermes Logistics Technologies' (HLT) latest cloud-based cargo management system, Hermes 5 software as a service (SaaS), is now live at all Ground Force Portugal’s cargo stations at Lisbon, Porto, and Funchal, following a fully automated implementation process. HLT invested... more