CMA CGM Group buys stakes in Spain
The CMA CGM Group, headquartered in Marseille, is acquiring shares in Cosco Shipping Ports (Spain) Holding, (CSP) from TPIH Iberia, corresponding to an indirect stake of 49% in CSP’s Iberian Valencia Terminal, and an indirect stake of 38% in CSP’s Iberian Bilbao Terminal.... more
DSV launches internal carbon fee
The Danish logistics company has launched a global funding programme to invest in sustainability initiatives in its organisation. The internal carbon pricing fee is charged to all DSV subsidiaries, and their contributions will be based on the level of CO2 emissions within their... more
A big investment in Liverpool
Peel Ports Group, one of the largest port groups in UK, has earmarked GBP 28 million for a new facility at the Port of Liverpool in its biggest single investment in warehousing this year, a project expected to be completed by April 2024. The project will be led by the... more
EFW redelivers 50th Airbus P2F freighter
Elbe Flugzeugwerke GmbH (EFW), centre of excellence for Airbus passenger-to-freighter (P2F) conversions and joint venture by ST Engineering and Airbus, has just redelivered the 50th passenger-to-freighter (P2F) converted aircraft of its new generation Airbus P2F family... more
Sascha Nauck to head new NEO division
Frankfurt-based NEO Air Charter – an air cargo charter and aviation services provider – has appointed Sascha Nauck as airfreight business development manager to head up its neutral airfreight solutions division. Nauck has spent his entire 24-year career in air logistics, holding... more
Contract logistics specialist expanding in Germany
As a long-term strategy, GXO is planning to significantly increase its activities in Germany, Europe's largest logistics market, in the coming years. In a first phase, GXO is investing in a new 36,000 sqm state-of-the-art warehouse in Dormagen in the Düsseldorf region.... more
EV Cargo: new tractors to help reach green goals
EV Cargo in UK has acquired ten new Volvo FH with I-Save 6x2 tractor units to accelerate its carbon reduction aims. The new arrivals are the first Volvos delivered to the company’s Ashby de la Zouch depot in Leicestershire in more than two decades. The new trucks are... more
Anker opens a new office building in Emden
Anker Schiffahrts-Gesellschaft, a German seaport transhipment and terminal operator, has inaugurated its new office building at the port of Emden. The property took two years to build and spans 1,050 sqm on three floors. It complies with the latest requirements of the German... more
SBB sets a new course for freight traffic
The Swiss railfreight company SBB Cargo will once again be a wholly owned subsidiary of the Swiss Federal Railways (SBB). The minority shareholder Swiss Combi - consisting of Planzer (40%), Camion Transport (40%), Galliker (10%) and Bertschi (10%) – is selling its 35%... more
Navigating with "Windwings"
Finnish naval architects Deltamarin and BAR Technologies, a British marine engineering consultancy, are once again partnering in a wind propulsion project and working on a new build design, called Aframax/LRII. The announcement comes off the back of previous collaboration on... more