More than EUR 2 billion
Raben Group’s revenues of the passed the threshold of EZR 2 billion EUR in 2022, marking a new record. Since the beginning of 2021, Austria, 500 new employees and 16 locations have joined the group's network which currently encompasses 11,000 employees in 15 countries. Ewald... more
Good news from Iceland
2022 brought good results for the logistics provider and shipping company Eimskip from Iceland, which operates scheduled services in the North Atlantic. Revenues exceeded a total of EUR 1 billion for the first time, an increase of 21.3% compared to 2021. Ebitda amounted to... more
IAG Cargo expands global network
Over the past year, the IAG Cargo Group, the cargo arm of International Airlines Group (IAG), has been focusing on improving the customer experience through investments in digital infrastructure, operational effectiveness, and global network. The company's activities now... more
Molslinjen and Forsea merge
As part of its acquisition of Forsea Ferries, the shipping company Molslinjen has announced that Forsea's current CEO, Kristian Durhuus, will take charge of the operations of the merged shipping companies. Forsea Ferries is based in Helsingborg, Sweden and carries just under 20%... more
A coalition of technologies
Helsinki-based maritime technology developer Seaber has inked a partnership with Neste, a major producer of renewable and sustainable fuels. Neste will be using the Finnish company’s software for planning maritime logistics activities such as shipping schedules and port... more
For Continental from Toledo
The CAT group recently opened a new warehouse in the P3 Illescas logistics park in Toledo (Central Spain). From this new facility, which has a capacity of more than 28,250 sqm, the logistician will provide warehousing and distribution services especially for the shipper... more
Carri Marais to join Bifa's training team
The British International Freight Association (Bifa) has appointed Carri Marais, as trainer – freight and customs procedures. Carl Hobbis, an executive director at Bifa, who also has overall responsibility for the trade association's training activities, says that 2022 was... more
Stengg and SF Airlines to set up MRO JV in China
ST Engineering has announced that its commercial aerospace business and SF Airlines have entered an agreement to set up a commercial airframe maintenance, repair and overhaul (MRO) joint venture in Ezhou, Hubei, China. The joint venture, subject to regulatory approvals, will... more
Further Eurasia railfreight service introduced
A new China-Moscow freight train departed from the city of Langfang in north China's Hebei Province last Saturday, 25 February 2023. Carrying 55 40-foot containers, it will leave the country via Erenhot Port in North China's Inner Mongolia Autonomous Region, pass through... more
More capacities to the Canary Islands
Since they launched the project in November 2018, the shipping companies Baleària and Fred. Olsen Express have jointly transported a total of 1 million linear meters of merchandise between the Canary Islands and the port of Huelva. Last November, on the fourth anniversary of... more