Diesel pricing in frenzy
According to data published by maritime intelligence provider Vessels Value, the price for diesel continues to rise. Since the outbreak of the war in Europe on 26 February 2022, the MR Atlantic Basket (an average of freight rates on key routes in the Atlantic Basin) climbed... more
Swiss Post continues transformation strategy
Swiss Post generated a group profit of CHF 457 million in 2021, 39% more than in 2020 (CHF 279 million). The pressure on the letter (-3%) and financial business remains unabated. Swiss Post will therefore continue to pursue its strategy to meet the needs of individual customers... more
First flower forum at Air Cargo Americas
Fresh off the busy Valentine’s Day flower import peak season, Miami International Airport (MIA) and Brussels airport hosted the first-ever fresh and flowers forum on 9 March 2022 during the Air Cargo Americas/Supply Chain Americas Show Conference, where experts from both cargo... more
Belgrade joins intermodal network
Swiss intermodal operator Hupac has added another connection to its network in Europe. The new train links the Dry Port Terminal Pancevo in Belgrade (Serbia) with the WienCont terminal in Vienna (Austria). The shuttle service operates once a week and provides a seamless... more
Röhlig Logistics chooses Claudia Drewes
Claudia Drewes assumed her new position as global programme director at the owner-managed logistics company Röhlig Logistics in Bremen on 1 March 2022. Currently, the focus is on implementing the Blue Star growth programme in cooperation with the global business units and... more
Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
CMA CGM making it big
CMA CGM has reported its audited results for 2021. Achieving almost USD 56 billion in revenues (+78% compared to 2020), the net income went up to USD 17.94 billion (almost tenfold, +910% compared to 2020). Containerised shipping was highly profitable, standing for a total of USD... more
Rhenus puts four LNG trucks into operation
Rhenus and its customer Evonik are banking on sustainable transport operations: for transport services in Germany, notably between Evonik’s production site in Essen and the haulier’s logistics warehouse in Düsseldorf, Rhenus recently introduced four Iveco trucks powered by... more
"No soup for you," says CBP
The shipment may have been manifested as chicken vegetable soup, but Philadelphia US Customs and Border Protection (CBP) officers soon realised that the brothy bouillon before them was canned criminal consommé. While inspecting international express delivery parcels, CBP... more
From UPS to Cretschmar Cargo Süd
Andre Petri is the new head of corporate sales at Cretschmar Cargo Süd (CCS), a freight forwarder based in Düsseldorf, Germany. Petri’s previous position was senior account manager at United Parcel Service (UPS) Germany, where he was responsible for key account management and... more