Call for urgent action to cap fuel prices 
Global oil prices, reaching their highest level since 2008 this week, are set to climb even higher amid continuing instability and sanctions related to the Ukraine crisis, the International Road Transport Union (IRU) anticipates. The organisation now calls for urgent... more
Hapag-Lloyd to buy DAL's container liner business
Taking the opportunity to increase its service portfolio, Hapag-Lloyd has signed a framework agreement with German carrier Deutsche Afrika-Linien (DAL) to acquire its container liner business. The completion of the transaction is subject to approval by the relevant antitrust... more
Tiaca welcomes six new members
The trustees of the International Air Cargo Association (Tiaca) have elected six new members to serve on the board of directors. The new board members, all industry veterans from the airport, airline and handling sectors, are: Kai Domscheit, CEO of CHI Deutschland Cargo... more
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