A bright future for the logistics market 
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more
Gazprom trials LNG-powered locomotive
Sinara Transport Machines Holding (STM) has received the Russian certificate of conformity for the TEMG1 shunting locomotive with two power plants running on liquefied natural gas (LNG). The new locomotive has successfully passed all the necessary certification tests for... more
Fiege extends its Dutch location
Fiege started building a new warehouse in Zaandam, North of Amsterdam (the Netherlands), in October last year. The 43,000 sqm logistics hub is scheduled to be completed by August 2022. Both the general contractor, Goldbeck Nederland B.V. and Clarion Partners Europe, an... more
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... more
Hapag-Lloyd: 2021 puts wind in the sails
Carriers cannot help making money these days. While the volumes transported moved sidewards with 11.9 million teu (2020: 11-8 million teu) in 2021, Hapag-Lloyd's revenues went up by 43% and increased to approximately EUR 22.3 billion in total. The shipping group's ebitda... more
Swissterminal celebrates half a century
Swissterminal, an international integrated logistics provider headquartered in Frenkendorf near Basel and with locations in Switzerland and France, is celebrating five decades of operations. On 1 February 1972, when Alex Mayer founded Container Depot – the forerunner for... more
‘A’-ratings for The Swedish Club
S&P Global Ratings has reaffirmed the ‘A’-ratings for long-term insurer financial strength and issuer credit for The Swedish Club. S&P also maintained its assessment of the Club's outlook as negative. Managing director of The Swedish Club, Lars Rhodin: “Following such... more
Train instead of truck cuts CO2 by around 75%
A positive result: At the end of last year, automotive industry supplier Webasto tested the delivery of component parts for production by train at its plant in Mecklenburg-Western Pomerania (Germany). The interim results of the pilot conducted by DB Cargo Logistics and... more
London City bond opts for freeport advantages
The freeport status has attracted yet another tenant to DP World London Gateway’s growing port-centric logistics park. London City Bond, which will take the facility on a long-term lease from March, is a major UK tax warehousing company and specializes in storage for renowned... more
CBP seizes two shipments of GBL and DMT
US Customs and Border Protection (CBP) officers in Philadelphia seized two shipments of dangerous controlled substances – gamma butyrolactone (GBL), a date-rape precursor, and dimethyltryptamine (DMT), an LSD-like hallucinogenic – that arrived on 20 January 2022 in express... more