Dronamics: USD 40 million in pre-Series A funding
Dronamics, the world’s first cargo drone airline with licence to operate in Europe, has raised a total of USD 40 million in pre-Series A funding from venture capital funds and angel investors from twelve countries as the company approaches its upcoming Series A round. This... more
Ethanol on the river
A logistics chain dedicated to biofuels is gaining momentum along the Seine axis. Only recently, a river barge operated by Sogestran and transporting ethanol was unloaded at the port of Gennevilliers. Sogepp (société de gestion de produits pétroliers is the main driver of the... more
Accumulating Iata Ceiv Pharma certifications
Geodis is continuing to build its network of Iata Ceiv Pharma certified sites in Europe. By the end of 2022, the France-headquartered forwarding group had received the certification for eight sites, i.e. London, Manchester, Frankfurt, Arlanda (Sweden), Budapest, Warsaw,... more
CHI Group promotes Dominik Misskampf
The CHI Group recently acquired stakes in three companies - Tri-Log International, Innovative Quality Logistics and Uwe Marx Transporte - in the greater Hamburg area. Dominik Misskampf has been appointed to join Emil Djurov (left) and Robert Michler (right), the managers of... more
Expanding to Greece, Cyprus and Korea
The 4PL Marinetrans, an affiliate of Global Transport Solutions (GTS) and a specialist for supply chain solutions for ship owners and ship management companies, has acquired Door To Deck (D2D), a marine logistics provider in Cyprus, Greece and South Korea. The purchase price was... more
Trucks blocked on Inntal motorway
The German MEP Markus Ferber and a delegation of the Federal Association of Road Haulage Logistics (BGL), accompanied by representatives of European transport associations, entrepreneurs and drivers, recently visited the customs check point on the Inntal motorway near Kuftstein... more
More Traxx for Poland, Italy and Scandinavia
Rail vehicle leasing company Railpool and manufacturer Alstom have signed a framework contract comprising 27 newly built Traxx AC3 and Traxx DC3 locomotives and an option for a further 15 locomotives. The locomotives are intended for use in Poland, Italy, Norway and Sweden... more
Trialling a solar energy powered truck
Geodis has joined hands with Volvo Australia to pilot the first fully electric (FE) variant truck for freight forwarding within Australia. The vehicle is powered by both solar energy and energy-efficient charging systems. Geodis will be assessing factors, including the... more
Rail-sea service to the East launched
Ruscon and Sakhalin Shipping Company (Sasco), both part of Delo Group, have launched a joint multimodal service on the Moscow-Vladivostok-Korsakov-Magadan route in Russia. Trains from Ruscon's own terminal at Kresty station (Moscow) depart for Ugolnaya station (Vladivostok)... more
Price for logistics real estate at a record high
2022 was a year of record growth in global logistics property rents since Prologis Research began tracking them in 2007. According to the Prologis Logistics Rent Index, which analyses markets in North America, Europe, Asia and Latin America, global rents increased 30%... more