Maersk explains withdrawal from Russia
How does a big logistics player get out of its Russian and Belarussian business? Maersk has now explained its line of action. The carrier's offices in Far East Russia, Novorossiysk and Kaliningrad are expected to close down during the summer of 2022. The Saint Petersburg and... more
Bucharest is Sennder's newest location
Digital forwarder Sennder is entering the Romanian market and opening a new branch in the country’s capital Bucharest. Bogdan-Gabriel Steliean has been appointed to manage the company’s operations in the country. With a total of eleven branches in Europe, the player is planning... more
Another unit on the Baltic Sea
A new ship is operating on the Baltic Sea route between Rostock and Nynäshamn. The ro-ro unit M/S “Eliana Marino” completed its premiere voyage on 25 April for Hansa Destinations, which is a subsidiary of the Swedish Redder AB Gotland. With twice the cargo capacity, there... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
Duo takes off at Europa Air & Sea
Jasraj (Jas) Singh (left) and Tom Macdonald (right), who both joined Europa Air & Sea as business development managers four years ago, have both been promoted to territory sales managers. They both have extensive experience in air and sea freight with TNT and UPS and will... more
Active Ants extending its outreach
In September 2022, Active Ants, an affiliate of the Belgian Bpost group, is launching its fifth fulfilment centre in UK. The site is located in Northampton, England and is owned by M&G Real Estate. After opening two sites in the Netherlands, Active Ants has also recently... more
Walker Logistics appoints new CFO
David McAvoy has joined order fulfilment specialist Walker Logistics as chief financial officer. McAvoy has many years of experience as a senior finance professional. His most recent role was with the holiday cruise ship company Carnival UK, where he worked as assistant director... more
Support for two Ukrainian hauliers
The European Bank of Reconstruction and Development (EBRD) and its donors are providing emergency technical assistance to to Ukrposhta and Nova Poshta, Ukraine’s two largest delivery companies. Since the start of the war in Ukraine, both hauliers have had to re-arrange their... more
DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more