Peakstone welcomes MD for transport & logistics 
Al Samouelian joins Peakstone Group as a managing director. He has over 25 years of operational, transactional, and senior leadership experience in the logistics industry and has led buy-side and sell-side transactions with American Backhaulers, C.H. Robinson Worldwide,... more
Reaching out across the Irish Sea
Merseyside logistics provider SSO Logistics will receive a seven-figure investment from two Irish freight companies, enabling it to enhance its warehousing and distribution operations. In this new partnership, Irish Freight Solutions (IFS) and Allied Fleet Services (AFS),... more
Major investments despite high loss
The Swiss railfreight operator SBB Cargo has posted a loss totalling CHF 42.6 million, compared to CHF 18.0 million in 2023. Decreased demand in individual sectors such as the construction industry led to a drop in domestic freight traffic. On the international level, the... more
Trans-Caspian intermodal 
Group from Abu Dhabi investing in the southern Caucasus. AD Ports has acquired 60% of the shares in an intermodal hub in Tbilisi (Georgia). With this majority stake the Abu Dhabi-based group has expanded its position on the Trans-Caspian International Transport Route (TITR). more
Arkas to add six new ships by 2028
Arkas is investing USD 360 million for six new eco-design container vessels, scheduled for delivery in 2028. This acquisition will increase the company’s fleet to 55 vessels and its total capacity to 112,230 teu. The 4,300 teu vessels will be built by China's CSSC Huangpu... more
Hupac to provide alternative offer via France
The Swiss CT operator is calling for the expansion of the railway lines on the left bank of the Rhine in France to ensure the stability and reliability of CT services on the north-south axis. The reason for this demand is the recent experience with the three-week full... more
Daimler Truck: opening a new chapter
The supervisory board of Daimler Truck Holding has appointed Karin Rådström as the company’s new CEO, effective 1 October 2024, and for a mandate ending 31 December 2029. She will succeed Martin Daum who will simultaneously resign as CEO and thus the way for the next chapter... more
JD fortifies French portfolio
Jingdong (JD) is expanding its French pickup points and delivery services through its subsidiary Ochama. The omnichannel retail brand is looking to enhance next-day home deliveries and order collections in response to a rapid growth of its business within the French market.... more
THPA reviews job expansion in ministerial visit
The Greek deputy minister for social security, Konstantinos Karagkounis, visited the port of Thessaloniki (THPA) on 5 September 2024, where he discussed the company's employment growth since its 2018 privatisation. Executive chairman Athanasios Liagkos and CEO Ioannis Tsaras... more
Transporeon expands in Turkey
Transporeon, a Trimble company, has expanded into the transport and logistics sector in Turkey and appointed country manager Gökalp Kobe Ertuğrul to lead this initiative, making a commitment to supporting local businesses in the local language. With almost 20 years of... more