Kuehne stays on the rise 
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Trans-o-flex launches B2C pharma offer
Germany-based express service Trans-o-flex is now offering a B2C pharma service, which was developed for the temperature-controlled shipment of medicines to end customers. The timing of the service expansion was deliberate, the company commented. "The mail order... more
Scandlines sails out of the storm
Compared to 2020, ferry operator Scandlines increased sales by 20% to EUR 328 million last year, retaining its ebitda margin at 41%. In 2021, the company’s two ferry routes on the Baltic Sea generated revenues of EUR 260 million (2020: EUR 216 million). While traffic figures... more
Duisport's look across the borders
The Duisport Group is looking back on an exceptionally good financial year 2021. At the company’s annual press conference, CEO Martin Bangen attributed this success in part to the company’s broad-based business model. Sales increased by 18.9% to EUR 346.8 million (2020: EUR... more
Two platforms soon to merge
The holding has given the green light. Icontainers, an online freight platform heaquartered in Barcelona, is to merge with the digital freight forwarding branch, Dubai-based Shipa Freight. The combined company, wholly owned by Agility, will offer standard air and ocean... more
Rotterdam also feeling the impact
It has been a difficult start of the year for Rotterdam, too. 113.6 million t of freight passed through the port in Q1/2022, 1.5% less than the 115.2 million t in Q1/2021. While the throughput of mineral oil products and iron ore declined, the handling of LNG and other liquid... more
WFS lands four contracts in Spain
Worldwide Flight Services’ (WFS) has won new contracts for its full ground and cargo handling capabilities in Spain: the Hungarian cargo charter airline Fleet Air has commissioned WFS to provide cargo handling services in this country. In Madrid, WFS is operating seasonal... more
Geodis strengthens its executive team in Germany
Geodis has appointed Johann Peter Reimer as its new air freight director and Björn Srocke as its new sales director in Germany. Reimer has 20 years of experience in logistics, both at home and abroad. After training as a forwarding merchant and business economist, he has... more
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
