Bundling networks, a win-win situation
The general groupage network Sim Cargo and the European truckload association Elvis have formed a strategic partnership to expand their service portfolio, effective 1 January 2024. Both partners hope to profit in equal measure from the cooperation, since Elvis will be able... more
Fedex Express: another new facility in Ireland
Eight months after opening a new handling facility in Cork (photo), Fedex Express Europe has announced plans to build a new logistics facility in Dublin. Construction is scheduled to commence next January, and the facility is anticipated to become operational in early 2025.... more
Flying Basket presents new cargo drone
Flying Basket, a major player in Europe's drone industry, has launched FB3, a pioneering heavy cargo drone now available for commercial use with 100 km payload capacity. Since its establishment in 2015, Flying Basket has been closely collaborating with national and European... more
DHL acquires Turkish logistics provider
DHL Group has completed the acquisition of Turkish parcel services provider MNG Kargo. "MNG Kargo's expertise in parcel courier services, combined with its extensive domestic network, will help us expand our service offering in Turkey and further enhance our already strong... more
Finance secured for further growth
Wascosa Group Holding has successfully increased its funding for upcoming investments. Specifically, it has closed the raise of its existing capex facility by EUR 90 million, establishing a solid long-term basis for further investments in railfreight wagons. Furthermore,... more
ICS on how to measure emissions
The International Chamber of Shipping (ICS), the global association of shipowners that represents more than 80% of the world's merchant fleet, presented the data collection system of the Carbon Intensity Indicator (CII) of the International Maritime Organisation (IMO) in London... more
Partners for 25 years
The relationship between Allied Air Cargo and the Network Aviation Group reaches 25 years this year, with both carriers continuing to work together, providing air freight services to Nigeria and throughout Africa. Allied Air Cargo has become the longest serving African... more
NG.Network combats residual storage
The category "residuals" includes those consignments that partner companies within the network receive in their storage halls following their own orders or those of other partners and subsequently prepare for delivery. Above a certain volume of residuals, the... more
GXO Logistics picks Willem Veekens
GXO Logistics, a global pure-play contract logistics provider, has hired European contract logistics veteran Willem Veekens as managing director for its operations in Belgium and the Netherlands. Immediately prior to joining GXO, Veekens served as managing director –... more
Elflein buys e-trucks with LFP battery technology
The German freight forwarder is acquiring three electrically powered trucks from the Swiss brand Designwerk, bringing the number of e-vehicles in Elflein's fleet to four. The new e-trucks are expected to be delivered to the company's headquarters in Bamberg in March 2024.... more