A challenging year for Swiss Post
Financially, 2023 is a challenging year for Swiss Post. At CHF 165 million, the operating result as of mid-2023 was CHF 129 million below the previous year's figure. Alex Glanzmann, Swiss Post’s chief financial officer: "With digitisation, letter volumes and... more
Trans-Caspian terminal construction launched
According to press reports, Kazakhstan and Georgia have started to build a terminal in the port city of Poti (Georgia) to enhance freight traffic on the Trans-Caspian International Transport Route (TITR). The total investment is estimated at USD 15 to 20 million. Both... more
Quantron and GTL plan digital platform
Michael Perschke, CEO of Quantron, has been appointed to the board of directors of Goldstone Technologies Limited (GTL), a consultancy specialising in full-stack business intelligence, data analytics and IT services. Quantron and GTL are forming a joint venture (JV) called... more
Fresh equipment for fire fighters
In Germany, Stuttgart’s fire department is procuring four new Unimog vehicles for emergency management operations such as fighting forest fires. One new addition to the fleet is a rescue vehicle based on Unimog U 323 with just 2.20 m width for use on narrow roads in forests... more
New wind technology sets sail
In a pioneering partnership, Cargill, BAR Technologies, Mitsubishi Corporation, and Yara Marine Technologies are introducing innovative wind propulsion technology for commercial shipping. Mitsubishi's 'Pyxis Ocean', chartered by Cargill, is the first ship to be retrofitted... more
Celebrating post-lockdown growth
A West Midlands-based transport and logistics company which was founded during the height of the global Coronavirus pandemic has paid tribute to the Prime Accountants group for its support. Prime’s accountants were appointed by 24/7 Worldwide Exhibitions shortly after the... more
“From Lisbon to Kyiv”
In conversation with InRail CEO Guido Porta. The Genoa-based enterprise InRail, a very large Italian railfreight group with cross-border experience and ambitions, operates 20 electric and five diesel locomotives of its own, has 400 employees and a turnover that’s expected to... more
Adding B767s to tackle challenges
In what it calls a milestone that "marks a significant step forward for the company, enhancing its overall capacity and operational flexibility", Challenge Group has taken over a B767-300BDSF. The converted B767 is an addition to the existing fleet and is not intended... more
Transport sector demands priority for railfreight
The reopening of the Gotthard Base Tunnel (GBT) on a single track announced for today, Wednesday (23 August), will bring relief for freight traffic and is welcomed by the transport sector. Transport and logistic companies demand that emergency capacities be utilised as... more
Rhenus Cuxport expands for auto market
Rhenus Cuxport, a port terminal operator, is extending its presence in the automotive logistics market by expanding into a 110, 000 sqm area in the hinterland of the Cuxhaven deep-sea port. The move anticipates Germany's shift from car exports to imports due to Asia's... more