A solid year for DSV 
Despite softening demand and a general decline in global trade, DSV can look back on a satisfactory 2023, with the company’s results in line with expectations after its strong performance in 2022. Geopolitical tensions resulted in a 33.1% drop in ebit in DSV’s air & sea... more
Intermodal routes for Chinese products
DB Schenker has been contracted to import Ledvance lighting products from China to Poland and Czechia. To transport and distribute these goods to 23 destinations in Northern, Central and Eastern Europe, the logistics specialist will rely on a combination of sea freight and... more
Merger in full swing
The Japan Fair Trade Commission (JFTC) has approved Korean Air’s business combination with Asiana Airlines, marking a significant milestone in the two airline s’ merger process. To date, Korean Air has received approvals from twelve of fourteen competition authorities. The... more
Faster UK-Europe link
P&O Ferries is set to launch a new freight route in the North Sea, connecting London (Tilbury 2) and Rotterdam (Europoort) from early March 2024. This addition complements the shipping company's existing Zeebrugge to London route and strengthens its rail-connected hub in... more
Turning back the clock
Four years after Britain’s departure from the EU, Europa Road is returning to pre-Brexit delivery times. Europa Worldwide Group’s road freight division has a facility located close to the Dartford Thames Crossing, around 32 km from the centre of London. The groupage hub... more
A330P2F conversion launched in Istanbul
EFW’s conversion partner Turkish Technic has successfully performed the upper frame shell (UFS) cut-out for the very first converted A330P2F at its Istanbul facilities. The aircraft is scheduled to be re-delivered by mid-2024 to its customer Air Transport Service Group (ATSG).... more
In the heart of Stuttgart
CTP is purchasing a hub in the centre of Stuttgart, thus adding 39,000 sqm to its portfolio. The logistics real estate developer has agreed to a sale and lease back transaction with Mahle Behr, which is currently using it as a research and development site. It features 30,000... more
A new air cargo manager for Linz airport
Christoph Wurm-Schmidtbauer has been heading the airfreight division at Linz airport since 1 January 2024. As a trained freight forwarder specialising in land-based freight transport and contact logistics, he brings a great deal of industry experience from the shipper’s... more
DSV: a reshuffle at the helm
DSV has announced changes to the executive board and the group executive committee: Effective 1 February 2024, formerly group COO and vice CEO Jens H. Lund (photo) assumed the position of group CEO of DSV, replacing Jens Bjørn Andersen, who has stepped down after more than 15... more
Hong Kong welcomes first European-made e-truck
Scania’s 24-t e-truck was acquired by DFI’s Wellcome Supermarket chain. It is expected to reduce around 538 t of carbon emissions over a decade, equivalent to the annual carbon absorption by about 24,710 trees. Wellcome plans to add a second e-truck to its fleet in Hong Kong... more