UK P&I Club welcomes William Beveridge
UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has appointed William Beveridge as chief underwriting officer, effective 17 September 2022. Reporting to CEO Andrew Taylor, Beveridge will oversee all the club’s... more
CMA CGM takes energy precautions
The CMA CGM Group has announced that it is creating a special fund for energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund is structured around four lines of focus: firstly, developing and... more
European hinterland network grows
The container shipping company Ocean Network Express (ONE) has expanded its extensive green rail transport network. In addition to its eco-friendly rail services via Germany’s northern seaports of Hamburg and Bremerhaven to many European hinterland terminals, ONE recently... more
A new acquisition for Hub Group
The North-American Hub Group has acquired Tagg Logistics (Tagg), a provider of e-commerce, B2B and omnichannel fulfilment solutions, including warehousing and transportation services. Since its foundation in 2006, Tagg has built up a portfolio of almost 372,000 sqm of... more
First Code E aircraft for Aeroplex
The first wide-body aircraft - an Airbus A330 freighter - has arrived for C-Check in the new hangar of the Hungarian company Aeroplex at Ferenc Liszt International Airport, Budapest. Aeroplex’s new 8,200 sqm hangar, which was handed over in March 2022, received its largest... more
CST makes progress in Basel
Following the entry into force of the "Underground Freight Transport Act", Cargo Sous Terrain (CST) has now adapted its corporate structure to prepare the realisation of CST. With a lean board of directors, secured financing and an expanded implementation team, CST... more
Textile sharing specialist banks on H2 transports
Mewa is preparing the first 4x2 hydrogen electric truck for use in the north of Germany, after the company already has two Hyundai Xcient Fuel Cell in operation in Switzerland. The truck was handed over to the specialist GK Grünenfelder for assembly last week. It is to be... more
Stef: 23% increase in turnover in H1/2022
The French Group Stef achieved a turnover of more than EUR 2 billion in H1/2022, a growth rate of around 23%. Amongst others, the refrigeration transport company recorded capital gains from asset disposals totalling EUR 10 million. In France, the fresh segment experienced... more
Hupac to run more trains to Italy
Swiss combined transport operator Hupac is increasing the frequency of its train services between Germany and Italy as of today, Monday 5 September 2022. They will now run six round trips a week between Duisburg (Germany) and Pordernone in Friuli-Venezia Giulia (Italy), -... more
A dozen new rail vehicles
German rail vehicle lessor Northrail has ordered the last twelve locomotives from the framework purchase agreement with the manufacturer Siemens. The contract covers a total of 30 Vectron Dual Mode locomotives, which have a combined diesel and electric drive. Northrail has... more