Shippers face 29% inflation in 2023 
According to Sea Intelligence, cost inflation in the shipping industry in 2023 remains high at 29% compared to pre-pandemic levels. Hapag-Lloyd's financial data serves as a market proxy for this assessment. Cost inflation reached its peak in Q3/2022 at 64%. Carriers... more
Turkish Cargo joins "Koalition" for Yani
Turkish Cargo has safely transported a koala from Hong Kong to the UK. Born in Australia and introduced to Ocean Park in 2015, Yani was left alone after the other koalas she lived with at the park passed away. Since she could not be returned to her original home due to South... more
Operail Repairs certified
The Consumer Protection and Technical Regulatory Authority has decided to issue an extended ECM (entity in charge of maintenance) certificate to Operail Repairs. The Estonian rail company is now a certified European maintenance and repair company for wagons as well as... more
Daimler Truck parts from Saxony-Anhalt to the world
Mercedes-Benz Trucks officially celebrated the start of the construction of its new logistics hub, the "Daimler Truck Global Parts Centre", with the laying of the foundation stone last week. The company plans to put the building in Halberstadt, Saxony-Anhalt,... more
A tandem for SAF
Swiss WorldCargo has announced an agreement with World Courier, a global specialty logistics provider and a part of Cencora (formerly Amerisource Bergen), which will support the use of sustainable aviation fuel (SAF) within the Swiss airfreight division. World Courier’s... more
Fraport extends CEO contract
On 15 September 2023, Fraport’s supervisory board extended Stefan Schulte’s mandate as CEO of Fraport for another three years. Schulte’s contract will therefore continue from 1 September 2024 to 31 August 2027. Schulte, a banker with a doctorate in business administration,... more
Shipnext receives grant for supply chain AI
Shipnext, an online cargo platform, has secured a substantial, multi-year grant from Flanders Innovation & Entrepreneurship (Vlaio) to advance the use of predictive analytics and AI in the supply chain. Shipnext will develop a supply chain volatility forecast to help... more
Movianto: a big investment in anaesthetics
With an investment of several million euros, the pharmaceutical and healthcare logistics service provider Movianto in Neunkirchen, Saarland (Southwest Germany), has tripled its capacity for the storage and handling of narcotics (BTM) and built a solar power production facility.... more
Finnlines promotes Suvi Niemivuo
Suvi Niemivuo has been appointed as head of the company’s legal, insurance and claims department, effective 1 October 2023. She will also join the executive committee and report to Tom Pippingsköld, president and CEO of Finnlines. Niemivuo has been acting head of legal,... more
“5,000 active airfreight containers” 
How a US forwarder came up trumps at Basel’s EuroAirport. AIT Worldwide has now left its pioneering phase behind it. After its launch by a trio at the EuroAirport in Basel in September 2021 the airfreight enterprise has now grown to more than 30 employees in Basel. Christian... more