Austria goes USA
It's long after Arnold Schwarzenegger's time. The Austrian company Berger Logistik is taking over the US freight forwarding company Super T Transport, headquartered in Idaho Falls, Idaho. The US player specialises in temperature-controlled transports. The parties have agreed... more
Fresh cash for Xeneta
Xeneta, an ocean and air freight rate benchmarking platform headquartered in Oslo, has completed another investment round. USD 80 million were raised by Apax Digital, the growth equity arm of Apax, with participation from New York-based Lugard Road Capital. This investment... more
Duty-free rail corridor between Trieste and Fürnitz
In order to provide more options to shift freight transports to rail, ÖBB is planning to expand the logistics centre Austria Süd (LCA-Süd) in Fürnitz in Carinthia and establish a rail duty-free corridor between Trieste and Fürnitz. The facility can then be developed into an... more
End of a British airship dream - in France
Varialift Airships, a British company that settled in 2017 just 120 km southwest of Paris to develop and build large airships, is having to say goodbye to the French town without any tangible progress. Apparently, the contract for the use of a former industrial wasteland... more
Building an H2 alliance
Canadian fuel cell expert Ballard Power Systems and German hydrogen system specialist Neumann & Esser have secured a minority stake in Quantron, a specialist in battery and hydrogen electric commercial vehicles. Ballard Power is also entering into a development... more
Barcelona coalition for sustainable shipping
The Port of Barcelona and the main operators in the cruise sector, both cruise companies and terminals, have agreed to create a working group to speed up the connection of ships to the general electricity grid once they are docked, using clean energy that is certified 100%... more
First project in France
Logistics real estate developer Panattoni is beginning to build its first logistics platform in France, one year after opening its first office in the country. The project, a site of 38,600 sqm, is being developed in white. It is located at the gates of Greater Paris, in the... more
UK airlines welcomes new transport secretary
In his statement, Tim Alderslade, CEO of Airlines UK, the industry body representing UK-registered carriers said: “UK airlines congratulate Liz Truss on becoming prime minister and Anne-Marie Trevelyan on her appointment as secretary of state for transport. The UK is a proud... more
New business in Poland
Railpool has announced that it will open a new subsidiary in Poznań, Poland on 1 October 2022. The new branch will be headed by Robert Nowakowski. The rail vehicle leasing company has been present at the Polish market since 2009. The foundation of a subsidiary in Poland is a... more
A new stakeholder for the Spinelli Group
The Genoa-headquartered Italian Spinelli Group is selling part of its shares to Hamburg carrier Hapag-Lloyd. The German container liner-shipping company will acquire a 49% stake in the Spinelli Group from existing shareholders, while the Spinelli family will continue to hold the... more