First new sawn timber wagon arrives in Finland
Fenniarail is expanding its timber transport business. For UPM-Kymmene, a producer of forest industry products, the Finnish operator recently started raw wood rail transport services using its own locomotives and UPM-managed raw wood wagons. Timber is transported from... more
Fresh money for Wallenius Wilhelmsen
In Q2/2022, Wallenius Wilhelmsen saw its revenues grow by 4.0% to USD 1.19 billion, driven by shipping volumes and fuel surcharge revenues. Ebitda amounted to USD 311.0 million, more than doubling the ebitda of Q2/2021 and on par with Q1/2022. Global supply chain issues... more
Brian Lee takes over as head of Geek+ Europe
Geekplus, a global manufacturer of autonomous mobile robots, has a new executive at the helm of its European operations. Brian Lee, who joined the company in 2018 and previously headed Geekplus’s operations in UK and Ireland, will now oversee the company’s business across the... more
Jitpay Group expands management team
The Jitpay Group, which operates from several subsidiaries across Europe, is expanding its management with Manuel Faeh as CIO and Dennis Wallenda as COO. Faeh (left) brings to his new role as chief information & innovation officer many years of experience as a member of... more
Felixstowe getting worse
Peter Williams, trade flow analyst at Vessels Value, recently gave his assessment of the current difficulties in the UK’s supply chains: Due to the continuing disagreement between the Port Operator Hutchinson Ports and their dockers in Felixstowe, congestion at the port have... more
UPS renews GDP certificates
For its network in the DACH region (Germany, Austria and Switzerland), UPS has again been awarded the Good Distribution Practice (GDP) certificate by the Deutsche Gesellschaft zur Zertifizierung von Managementsystemen (German association for the certification of management... more
Founder leaving firm
Russian air cargo group in turmoil after sanctions. Russia’s Volga-Dnepr Group is facing significant problems due to the international sanctions that followed Russia’s invasion of Ukraine. Now the company is parting ways with the chairman of its board of directors and half of... more
Hupac to launch transshipment terminal in Poland
The Swiss combined transport operator Hupac now opened the new transhipment terminal in Brwinów Poland, located about 25 km southwest of Warsaw. The facility is intended to support the sustainable exchange of goods in Central and Eastern Europe and boost the expansion of... more
Driver shortage continues to increase
In its latest European report, the International Road Transport Union (IRU) says that commercial driver shortages continue to plague Europe’s mobility. In Europe, up to 425,000 truck driver positions, or 10% of the total, remained unfilled in 2021, forecast to jump to 14% by... more
More agricultural transports to China
The Eurasian Economic Union (EEU) have decided to strengthen their cooperation in the international rail and multimodal transport sector. The member states Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia signed an agreement to this effect at the Eastern Forum in Vladivostok... more