A new face on the VTL supervisory board
At their annual shareholders' meeting, the 33 shareholders of VTL Vernetzte-Transport-Logistik again placed their trust in the incumbent supervisory board and re-elected the board members for a further three years. The supervisory now comprises the long-standing members... more
Transporting more beer by rail
The German Krombacher brewery is shifting up to 750 trucks to the railways, with DB Cargo implementing shuttle services for this purpose: the trains leave the brewery with full bottles and return with empties. From Kreuztal, the shuttles call at the Grossbeeren terminals... more
Four for Waberer's
The Hungarian haulier Waberer’s International has announced that it has received the public offer from Trevelin Holding (25.995%), high yield Vagyonkezelő (20%) Geraldton Invest, (4.995%), and MHB Optimum (21%) for the ordinary shares issued by Waberer’s with a nominal value of... more
Do spot rates show the trend?
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Leman chooses Bo Henrik Jepsen
Bo Henrik Jepsen is joining Leman as new group COO air/sea with extensive experience from Maersk, Kuehne + Nagel, Scan Global Logistics, Toll Global and most recently Ceva Logistics. He is married, has two children and is now moving back to Copenhagen after 14 years abroad.... more
Third financing round for French airship solution
Flying Whales, the company behind the industrial programme "LCA60T", created with the aim to develop a heavy-lift airship solution, has received EUR 122 million in funding from the French government, the Principauté de Monaco and its historical shareholders including... more
Vitesco expert joins German government’s SFAC
Anja Rivera de la Cruz, head of sustainability at Vitesco Technologies, has been appointed to the German government’s sustainable finance advisory committee. Rivera de la Cruz will contribute her experience in sustainability management and her knowledge of the automotive... more
Air France to ban transport of monkeys
Following more than a decade of intense campaigning by Peta USA, international Peta entities, other animal protection groups, and grassroots activists around the world, Air France has announced that it will end its transport of monkeys to laboratories as soon as its current... more
Rebranding the Greek railways
In Greece, the private rail operator Trainose has been renamed “Hellenic Train”. The carrier has belonged to the Italian Group FS Italiana since 2017. Greece’s rail infrastructure is still poor, but major expansion projects are underway. The Greek government invested EUR 4.5... more
Daily shuttle connects Duisburg and Gadki
Hupac is expanding its service between Germany and Poland. Starting this week on (week 27), the Swiss intermodal operator will increase the train frequency between Duisburg (Germany) and Gadki (Poland) from three to six round trips per week thanks a synergistic cooperation with... more