K+N Russia goes to Perry Neumann 
It is a special kind of MBO. On 3 June 2022, the Switzerland-based logistics group Kuehne + Nagel signed an agreement to sell its business in the Russian Federation to its local managing director Perry Neumann. Since March 2022, the company had temporarily suspended all... more
Felbermayr to support Netzwerk Metall partnership
Felbermayr Transport- und Hebetechnik joined the Netzwerk Metall partnership as a supporter on 1 May 2022. “Founded almost twenty years ago, Netzwerk Metall now comprises 65 member companies from the Austrian steel, glass and metal construction industry,” said managing director... more
DIY store in the border triangle
Hornbach Baumarkt has taken out a lease on the Panattoni Park Freiburg Süd in Neuenburg am Rhein just as construction is getting underway. The German family-run company operates DIY and garden centres in Germany and other countries in Europe. Hombach will use the Neuenburg... more
Switch to rail saves 2,600 t in emissions
Audi Brussels (Belgium) has contracted DB Cargo to deliver components for battery production from its Hungarian supplier by rail. The first rail transports are already running and the switch from truck to rail is scheduled to be completed by the beginning of 2023. Until now,... more
Awery and IBS sign partnership agreement
Awery Aviation Software can now deliver its software platforms to customers of the "iCargo" platform of IBS Software, which is used by 30+ airlines including American Airlines, Etihad, IAG and Korean Air. Giving access to the online booking portal "Cargo... more
Finnair cargo performs despite longer routings
Despite the closure of Russian airspace, most of Finnair’s cargo figures clearly improved year-on-year but remained closer to April 2022 figures in May. Available scheduled cargo tonne kilometres (atk) increased by 341.5% year-on-year (+5.6% month-on-month) and revenue scheduled... more
Beumer Group picks Rudolf Hausladen
Germany-based family-run company Beumer has announced a change in its leadership: Rudolf Hausladen took over as new CEO on 1 June 2022, succeeding Christoph Beumer, who had led Beumer Group as CEO since 2000. Beumer will remain on the management board until the end of the year... more
UBS sells to Prologis
An open-ended special fund managed by the Swiss UBS Real Estate is selling a portfolio of eleven German logistics properties to Prologis. The buildings are spread over a total of 600,000 sqm of land and include both turnkey buildings and new development opportunities. No... more
More green equipment for NTB Bremerhaven
The NTB North Sea Terminal Bremerhaven will soon receive a further 27 hybrid Kalmar straddle carriers for its container terminal, ordered in two batches in 2021 and 2022. The delivery of both orders is scheduled to take place in the course of 2023. NTB, one of Europe’s major... more
Three rail companies build a maintenance station
The Austrian rail companies ÖBB Train Tech, LTE and ELL (European Locomotive Leasing) have opened the doors of their joint Locomotive Maintenance Station, Locmasta, near Vienna, Austria, after just 14 months of construction. Locmasta's buildings next to Gramatneusiedl train... more