A new way to finance freight aircraft
ABL Aviation, an independent global full-service aircraft asset manager, has delivered a Boeing 777-200LRF to air cargo carrier Atlas Air. The deal was structured as a Japanese operating lease with call option (Jolco) combined with debt guaranteed by the Aircraft Finance... more
Targeting Southeast Asia's project cargo market
Trans Global Projects (TGP) has appointed Dominic Toh as director, Singapore. He brings nearly three decades of logistics’ experience and has worked for major multinational project logistics companies. Based in TGP’s Singapore office, Toh will focus on expanding TGP’s... more
Spain's largest workwear hub
The Spanish workwear manufacturer Velilla Group has completed 90% of the expansion of its logistics centre. Located in the Romica industrial park, Albacete, the hub will be expanded from 17,000 sqm to 30,000 sqm, which will make it the largest workwear warehouse in the country.... more
New Renault to upgrade fleet
A new trailer train for mattresses: Hilding Anders Switzerland in Schänis, St. Gallen, recently began delivering its Bico mattresses nationwide using a new trailer-trailer combination. The Renault Trucks T430 P4x2 with a trailer replaces a twelve-year-old truck. The... more
Greener sailing on the Rhine
HGK Gas Shipping has added the “GAS 95” to its fleet on the Rhine. Launched on 8 February 2024, this vessel has a diesel-electric propulsion system, a future-proof design, and deep-draft optimisation, and its power management system further reduces fuel consumption. With extreme... more
Keep both sides in view
The ways of a service provider; and the introduction of ‘Passar’. Joining a well-established company is always a bit of a challenge. Jochen Dahmer, the new COO of the Swiss software firm K&S Informatik, told Christian Doepgen about his move, and his plans and goals for the... more
E-locos to expand service portfolio
Fenniarail has ordered two Vectron electric locomotives from Siemens to replenish its fleet, which is currently working at full capacity. The new units will enable it to expand its route and shift offering for existing and new customers, the Finnish carrier said. Delivery is... more
From Siemens to Daimler Truck
Eva Scherer will join Daimler Truck Holding’s supervisory board on 1 April 2024. Her current position is executive vice president and global head of investor relations at Siemens. Scherer started her professional career in 2003 as a trainee at Siemens, and then held various... more
Power flower
Through its air cargo subsidiaries, the Latam group concluded a historic Valentine's season by exporting close to 25,000 t in just 21 days from Colombia and Ecuador. With a significant increase in the frequency of services from these countries, this marked a 36% leap compared to... more
Slovak manufacturer to replenish Spanish fleet
The Spanish rail company Renfe Mercancias has ordered 149 carriages from the Slovak manufacturer Tatravagonka to expand, upgrade and diversify its fleet and improve its transport services. The contract has a total value of EUR 39.1 million. The next generation EU programme,... more