Changing trends in cargo theft 
In its joint report on global cargo theft trends in 2021, the TT Club concludes that there has been a shift in emphasis from risk of in-transit, vehicle-based attacks to losses while cargo is at rest. Especially storage locations are critical at-risk areas, as... more
Batteries for heavy electric trucks
Volvo Trucks is opening its first-ever battery assembly plant in Ghent, Belgium. The plant will supply ready-to-install batteries for the Swedish manufacturer's all-electric heavy trucks. Samsung SDI cells and modules will be assembled into battery packs tailor-made for Volvo... more
A mixed picture in Hamburg
The Port of Hamburg witnessed different trends in the market In Q1/2022. While container handling rose by 1.8% to 2.2 million teu, total throughput declined by 2.8% to 31.2 million t. The sanctions against Russia that came into effect in March have not yet shown their full... more
Eimskip not affected by Russia's war
In Q1/2022, Eimskip also benefitted from the positive trends in the shipping industry. The group achieved good volumes in imports and exports to and from Iceland, progress in its trans-Atlantic services and a strong financial improvement in the Faroe Islands. Revenues went... more
Logista's European path continues
Spain-based Logista has reported its results for the first half of its 2022 financial year. Turnover went up by 3% to EUR 597 million compared to the same period in 2021. Main drivers were improvements in the distribution of tobacco and pharmaceuticals in the Iberian... more
Three musketeers in the skies
Air France-KLM Group and the CMA CGM Group have signed an initially ten-year strategic partnership in the air cargo market. Subject to approval by the relevant regulators and consultation of employee representatives, this exclusive partnership will see both parties combine their... more
Big investments to double railfreight
FS Italiana is investing more than EUR 190 billion in sustainability projects over the next ten years. With the 2022-2031 business plan, the Italian railway group aims to ensure that infrastructure works are completed on schedule, to prioritise multimodal collective transport... more
Karl Thorngren and Kenneth Juhls join ZeroNorth
Technology company ZeroNorth has appointed Karl Thorngren (right) as chief financial officer, whilst Kenneth Juhls (left) will be managing director of Clearlynx, a ZeroNorth company. Thorngren has a long track record in maritime, including time spent as CFO for Maersk Supply... more
Over 1.5 million refrigeration units sold
Transicold has achieved another industry milestone by surpassing 1.5 million container refrigeration units sold. The company introduced the industry’s first ‘picture-frame’ front wall container refrigeration unit in 1968 and has continued to innovate ever since. Transcold... more
