Hapag-Lloyd makes the best of it 
Hapag-Lloyd celebrated its 175th anniversary last year. It has now reported its financial results for this special year, on the basis of preliminary figures. In 2022, revenues rose to USD 36.4 billion (2021: EUR 34.5 billion), due to a high average freight rate of USD 2,863... more
Amazon sizing down?
Amazon is planning to close three warehouses in western Scotland, UK. On the other hand, two new fulfilment centres are said to be in the pipeline. A spokesman of the retail giant underlined that all employees will be given the chance to work at other Amazon locations. With... more
Spanish carrier receives first two Euro 6000
Transfesa Logistics has started operating UIC gauge trains after the company received the first two of a total of five Euro 6000 locomotives from Stadler Rail. Just a few weeks ago, one of the new UIC gauge locomotives began to pull the first Transfesa Logistics train with... more
Big role for air cargo in the movies
Turkish Cargo has released three new commercial films presenting its mega hub “Smartist” and the opportunities it offers for the global economy. Designed as the largest industrial building under a single roof at Istanbul airport and situated at a flight distance of 4 hours... more
British player snaps up unaccompanied transport
UK-based Culina Group, which specialises in the transport of fast-moving consumer goods (FMCG), is taking over International Road Ferry (IRF). The price of the transaction has not been disclosed. IRF has offices in Rotterdam, Grubbenvorst (Venlo), Felixstowe, and Thetford,... more
Leutenegger to power Quantron Switzerland
Quantron, an Augsburg-based specialist for zero-emission transport solutions for freight and passenger transport, has appointed Reto Leutenegger (left) as managing director of Quantron Switzerland and welcomes him as an investor in Quantron and international projects. The... more
Cargo with wind under its wings
CMA CGM Group, Ademe Investissement, Neoline Développement, Corsica Ferries and Louis Hardy SAS are jointly investing a total of EUR 60 million in building the first sailing cargo ship of the neoliner class. Additional financing has also been granted by the Banque des... more
ERS Railways picks Mathias Leiner
Mathias Leiner, who joined ERS Railways as vice CEO in October 2022, has now been promoted to CEO, replacing Bernd Decker at the helm. Leiner brings an in-depth experience of the railfreight industry with a special focus on combined transport. Decker, who has played a key... more
ID Logistics ends 2022 on a high
The French Group ID Logistics achieved a turnover of EUR 686.3 million in Q4/2022, an upswing of almost 25% compared to 2021 (and +4.7% like-for-like). Generated revenue also rose significantly to more than EUR 2,5 billion for 2022, a growth of 31.3% (and 11.3% like-for-like).... more
Recht Logistik: a new generation at the helm
A new generation at the helm: On 1 January 2023, Bernd Recht, who is the third generation of his family to run the company, handed over the majority of the shares in Recht Logistik to Christian Flick (right) and Navid Thielemann (left). Recht has withdrawn from operational... more