A good year for Frasers Property 
Frasers Property Industrial, a manager of logistics estates in Europe and Australia, reports earnings before interest and taxes of EUR 244.3 million for 2023. Its portfolio consists of 165 properties in five countries, mainly in New South Wales, where its eight projects... more
Dronamics' busy day in Dubai
Yesterday, 15 November 2023, was a busy day for Dronamics, which is exhibiting at this year's Dubai Airshow as part of the Strategic Development Fund (SDF) static park. Only a few hours after announcing that the cargo drone airline and SDF had signed a term sheet to set-up a... more
Co-CEOs to lead Cargojet
After launching Cargojet 22 years ago as founder and CEO, Ajay Virmani (pictured) will be stepping into the role of executive chairman, effective 1 January 2024. He will focus on strategy, strategic customer partnerships, acquisitions of major assets including aircraft and... more
2,000 vehicles to transition to greener alternative
DHL Supply Chain is rolling out its green transport policy with investments in 17 countries. The primary goal is to make substantial reductions in carbon emissions. As an initial step, the forwarder will transition around 2,000 of its vehicles from conventional combustion... more
MLP Group expands to Austria
The new MLP Business Park in Vienna is the company's first Austrian project. The MLP Group is a real estate developer that specialises in brownfield sites. The park comprises around 53,600 sqm spread across four buildings. Completion is scheduled for Q4/2024. The flexibly... more
Leschaco Iberia certified as Iata cargo agent
After a complex audit, Leschaco Iberia, the Spanish branch of the global logistics service provider Leschaco, was accredited by the International Air Transport Association (Iata) to act as an Iata cargo agent. This means that in 14 of the 24 countries in which it currently runs... more
Eimskip: changes in executive management
Bödvar Örn Kristinsson, executive vice president of Iceland domestic operations, has been appointed managing director of Eimskip Netherlands, which is a part of Eimskip’s international division, as of this week. Eimskip Netherland in Rotterdam is one of the company’s largest... more
Waberer’s invests in rail business
The Hungarian forwarder has signed a sale and purchase agreement to acquire a 51% stake in Petrolsped. The group provides rail logistics services mainly in Hungary and Romania, either directly or through its subsidiaries (Pultrans and PSP Cargo Romania). Like the road... more
An easier way to calculate emission costs
UECC, a European ro-ro carrier, has introduced a standardised method for calculating emission costs for its customers to comply with the requirements of the EU Emissions Trading System (EU ETS), which will also apply to the maritime sector from 1 January 2024. This system... more
Carlo Luzzatto to take over from Ugo Salerno
Carlo Luzzatto has been appointed as the future CEO and general director of Rina, a multinational inspection, certification and engineering consultancy company. The appointment is set to be formalised by the end of 2023, coinciding with Fondo Italiano d'Investimento's... more