Is the trade tide turning? 
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... more
Northwestern Russian terminal doubles capacities
The company TransContainer (part of Delo Group) has completed the renovation of its terminal at the Kirov Kotlassky station. Renovation continued from 2020 through 2022. The terminal kept operating and marshalling container trains on a regular basis throughout that period. As... more
German network names new board members
The members of the Central German Logistics Network (Netzwerk Logistik Mitteldeutschland, NLM) elected two new board members to their five-member governing body at their general meeting. They are Nicole Uhlmann, sales manager of the company Emons-Rail-Cargo and terminal... more
Saab stepping back from port management
Saab is selling most of its shares in Maritime Traffic Management (MTM), a provider of management solutions for vessel traffic, ports and terminals. The shares will be purchased by funds advised by Agilitas Private Equity, for an enterprise value of approximately EUR 40 million.... more
Waberer’s ownership reshuffled
The Hungarian trucking and logistics company Waberer’s International has published notifications received from MHB Optimum, High Yield Vagyonkezelő and Ferenc Mike (the sole owner of MHB Optimum) on changes in the number of shares held by them after the closing of the public... more
MGH renews RA3 certification
Madagascar Ground Handling (MGH) has renewed its certification for a period of two years as an ‘authorised agent for third countries’ (RA3) for the handling of freight for shipment to European Union member states. This certification, now valid until 3 August 2025, comes after... more
CEO confirmed at the helm until 2026
The supervisory board of Trans-o-Flex Expressdienst has extended the contract with its CEO Wolfgang P. Albeck (centre) early, prolonging it by another two years to 31 March 2026. Albeck took over as CEO in 2017. “The company has been successful since Albeck joined the... more
A shipping platform to vanish
Trade Lens’ days are over. The initiative launched by A.P. Moller-Maersk and its tech partner IBM will be withdrawn from the market. “Trade Lens was founded on the bold vision to make a leap in global supply chain digitalisation as an open and neutral industry platform.... more
Electric trucks for intra-urban deliveries
Heppner, a provider of logistics solutions specialising in transports to and from France, is planning to integrate a first batch of 16 fully electric commercial vehicles into its fleet. The 16 t and 18 t trucks manufactured by Volta Trucks will be deployed for deliveries in... more
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... more