USD 250 million for logistics real estate in Asia 
ESR and its affiliate Logos have completed th finance round for the co-branded Pan Asia Core+ Venture (PACV) and raised USD 250 million in equity commitments in total. This initial raising includes investment from two institutional capital partners in Europe and America: the... more
Trial train run between Marseille and Calais
Cargo Beamer has written history by successfully running the first ever train with trailers in France between Marseille and Calais. The train serves as the first successful railway line for the unaccompanied transport of craneable and non-craneable semitrailers on rail, one of... more
George Haysom joins Idwal
Idwal has appointed George Haysom as chief commercial officer (CCO). He will lead the company’s sales, customer and business development functions. Haysom has significant and diverse experience in business development, commercial negotiations, customer engagement and contractual... more
E-commerce and logistics combined
ESW, a major direct-to-consumer (DTC) E-commerce company, and Seko Logistics have concluded a partnership agreement. The alliance, which is meant to reduce the rising cost of cross-border e-commerce for DTC brands, is also a technology agreement. While ESW will support... more
A new Baltic-UK connection
Short sea operator Unifeeder has commenced a new weekly service from Klaipeda in Lithuania to the Port of Immingham in UK. Together with Associated British Ports (ABP), the DP World-owned affiliate will transport containerised cargo from the Baltic port. The maiden voyage saw... more
50 battery-electric long-haul trucks ordered
Hegelmann has ordered 50 eActros Long Haul from Mercedes-Benz Trucks. The vehicles will be delivered to the family-owned company based in Bruchsal, Germany with the start of series production in 2024. The eActros Long Haul will be tested on public roads for the first time... more
Laying the keel of an emission-free ferry
The keel of the new ferry, which Scandlines is planning to deploy on the Puttgarden-Rødby route as from 2024, has been laid. The zero-emission unit has the working name PR24 and is being built at the Turkish shipyard Cemre. The entire route is to be emission-free by 2030.... more
Transporeon picks David Landau
The transportation management platform Transporeon has appointed David Landau as chief network and strategy officer. Landau, a supply chain expert, shares Transporeon’s mission to bring transportation in sync with the world and envisions the role of an intelligent platform... more
Zencargo banks on tracking
London-based digital freight forwarding company Zencargo will cooperate with Tive, a data provider for shipment locations. In this partnership, Zencargo will offer customers deeper insight into the location and condition of critical goods. With its condition trackers, Tive... more
Port of Vladivostok posts a rise in imports
Rising cargo volumes have been flowing into the Port of Vladivostok on Russia’s Pacific Coast. According to the port press office, imports have increased by 150% over the last three months. Per month, throughput amounted to approximately 28,000 teu. The container lines that... more