DTM founder Steve Richardson to retire 
Steve Richardson, founder of Direct Tyre Management (DTM) is retiring after a career spanning 45 years. Starting out as a tyre fitter for Central Tyres in 1977, his hard work and determination saw him fast-tracked to become the youngest centre manager in Central Tyres’ history.... more
Titan and ASL sign long-term dry lease agreement
Titan Aircraft Investments, a joint venture between Titan Aviation Holdings and Bain Capital Credit, has placed a Boeing 737-800SF converted freighter on long-term dry lease with ASL Aviation Holdings. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings, will... more
Fourteen locomotives for international trade
The FS Group’s logistics hub is expanding its fleet of interoperable locomotives: It recently signed a five-year agreement with the European electric locomotive leasing company Mitsui Rail Capital Europe (MRCE), which will supply 14 Siemens Vectron E193 DACHINL locomotives.... more
Schäflein expands management
Heiko Amtmann was elected to the management team at Schäflein subsidiary Schäflein Logistics on 1 September 2022. He is now co-leading the contract logistics division, all logistics locations and all logistics projects with Sebastian Paliege. Carsten Heider was appointed... more
Bretzke to become FWN
The Bremen-based logistics company F.W. Neukirch (FWN) has taken over the entire operating business, staff and warehouse space of Bretzke Lagerhausgesellschaft in an asset deal with retroactive effect from 1 October 2022. The price was not disclosed. Bretzke was founded in... more
Leasing company joins top 12
In just its second year since it joined the Global Real Estate Sustainability Benchmark (Gresb) assessment programme, the German-based wagon leasing company VTG has earned 99 out of 100 possible points (2021: 96) in the prestigious ranking. This score enabled VTG to move up... more
East-West Gate to handle up to 1 million containers
Europe's largest onshore intermodal logistics terminal opened in Fényeslitke, Hungary, near the Ukrainian border. The East-West Gate (EWG) can transload containers between standard and wide gauges and between trains and trucks. The terminal can handle up to 1 million 20-foot... more
Massive expansion of intermodal fleet
530 factory-new intermodal wagons had rolled in by the end of Q3/2022, with a further 250 wagons to follow by the end of the year: Ermewa is pushing ahead with the expansion of its European offer in the intermodal segment. A total of 780 modern Sgmmnss 40', Sgnss 60', Sggrss 80'... more
Thomas Miller chooses Hugh Titcomb
Thomas Miller, a global provider of insurance services, has named Hugh Titcomb as its new chief executive, subject to shareholder approval. Titcomp is to replace Bruce Kesterton, who is retiring. Titcomb joined Thomas Miller in 2016 having held a broad range of senior... more
Reaching number ten
US-based Scannell Properties has completed its 10th successful local project since it entered the German market in 2019. The real estate developer has now also found a tenant for its second speculative logistics property in Kitzingen, Bavaria, a site of 23,500 sqm. All... more