UPS investing in healthcare segment
Logistics provider UPS has opened a new location for healthcare products in Giessen. It is the first UPS branch in Germany to specialise in such products. The new hub has a GMP- and GDP-compliant certified area of 27,200 sqm and also offers a modern track-and-trace system,... more
Dronamics picks Tim Martin
Dronamics, the world’s first cargo drone airline, has appointed Tim Martin as chief revenue officer and member of the executive team, effective 1 April 2023. Martin brings nearly three decades of senior management experience across global supply chain and logistics sectors,... more
Patrick Hutchins takes the helm
The board of Oldendorff Carriers has appointed Patrick Hutchins (right) as president and CEO. He succeeds Peter Twiss (left), who has decided to step down after having served the company for nearly 28 years. Company chairman Henning Oldendorff: "Thanks to Twiss’... more
Carbon neutral warehouse for UK’s Midlands
PGS Global has invested GBP 10 million (EUR 11.3 million) in developing the greenest storage and distribution hub in central England to support the growth of European manufacturers and retailers. The purpose-built carbon neutral warehouse is attracting strong interest from... more
4,700 lorries stopped
In Switzerland, a total of 129,067 trucks, articulated trucks, vans, and buses were checked last year. 23,790 complaints were made. Breaches of regulations on weights and dimensions, technical defects, and non-compliance with the rules on working and rest times were the main... more
EUR 3.5 million for Flagship Founders
Flagship Founders, a Berlin-based venture studio founded in 2020, has developed a successful new approach to building ventures in the maritime industry. Partner companies such as F. Laeisz, Starthub Ventures or Philipp Ahrenkiel, invested EUR 3.5 million in this company, in a... more
Industry urges more action for modal shift
European railfreight associations, railfreight CEOs and the European Parliament’s transport and tourism committee have endorsed a joint declaration on the need to speed up the modal shift in freight transport. The document predates a 2020 joint declaration which identified the... more
Airlines for Europe elects Ourania Georgoutsakou
Airlines for Europe (A4E), Europe’s largest airline trade association, has named Ourania Georgoutsakou as its new managing director. She has over two decades of policy and public affairs experience in trade and representative associations and joins from Lighting Europe, where... more
ABC about to return?
Izvestia has learned that Russia's largest cargo airline, which ceased all its operations March 2022, is soon to be reactivated. According to two sources of the Russian daily, Air Bridge Cargo Airlines (ABC) will begin regular flights on the Moscow-Beijing route from June 2023.... more
Thanks to Schenker, DB is back in profit
The Deutsche Bahn Group (DB) is back in the black. Despite the burdens on the rail business caused by the pandemic, the war in Ukraine and the sharp rise in inflation, the company closed 2022 with a significant operating profit. The operating result (ebit adjusted) improved by... more