Wallenius Wilhelmsen steers a steady course
Wallenius Wilhelmsen reported steady Q2 results with USD 477 million in ebitda and USD 396 million in operational cash flow. CEO Lasse Kristoffersen highlighted challenges such as port delays due to biosecurity clearance processes in Australia and congestions in key regions.... more
Vectrons to expand international services
In Malmö, Sweden, the Swedish railfreight company Green Cargo recently took delivery of the first of ten new Vectron locomotives ordered from Siemens. The new multiple unit will initially operate as a training locomotive on the Malmö - Trelleborg route. Equipped with ETCS,... more
2,500 vehicles order from UK
The trucks, ordered by the Consortium Purchasing Group, will be delivered to Culina Group, WS Group and A.W. Jenkinson Group. The contract is one of Scania’s biggest single European deals and the largest battery electric truck order to be completed over one calendar year.... more
Long-term agreement for ULD supply
Avius ULD (formerly Safran Cabin Cargo), a manufacturer and distributors of unit load devices, and ULD management, repair and digital services provider Unilode Aviation Solutions have renewed their long-term agreement for the supply of containers and pallets. By pursuing... more
On the other side of the fence and hemisphere
London-headquartered aerospace logistics provider B&H Worldwide has obtained airside licences for its drivers to operate vehicles at both Auckland (AKL) and Christchurch (CHC) airports in New Zealand. After undertaking and passing tests which include showing a full... more
Chapman Freeborn appoints Marcel Kolb
Chapman Freeborn, global air charter specialist and part of Avia Solutions Group, has appointed Marcel Kolb as vice president government & humanitarian Europe. Kolb brings extensive experience to his new position, comprising twelve years in the military sector and almost... more
Interesting laden import growth in Q2/2023
The Copenhagen-based maritime intelligence provider Sea-Intelligence reports that, at 2.7%, the annualised NAEC (North American East Coast) laden import growth regained momentum in Q2/2023 compared to pre-pandemic 2019 figures. To avoid pandemic-related distortions, annualised... more
Plans for a new rail terminal near Moscow
Transcontainer has founded a new company to build and operate a container terminal in the Domodedovo in the south of the Moscow region. The Usady Container Terminal will have a capacity of 424,000 teu per year. After the facility is put into operation, a cargo consolidation... more
Antitrust authorities approve acquisition
Green light for the transaction agreed at the beginning of May: the antitrust authorities have approved the acquisition of 66 % of the business shares of Quehenberger Logistics (Augustin Quehenberger Group) by the Geis Group. "Geis is very well positioned in the areas... more
Connecting Baku with L.A.
Silk Way West Airlines, a cargo airline based the Caspian and Central Asian region, is expanding its US network by adding weekly flights to and from Los Angeles International Airport, one of the world’s largest cargo gateways, handling millions of tonnes of freight annually.... more