Deugro restructures management 
Deugro has set up a new C-suite executive level management team with five members: Thomas C. Press - chairman and co-CEO, Klaus Strahmann - co-CEO, Simon Wasum (left) - COO, Tim Killen (right) - CSO and Felix Schneider - CFO. The company has also appointed eight presidents... more
Stobart extends services
UK-based Stobart, part of Culina Group, has established a new division offering wide range of integrated specialist services including ambient and temperature-controlled logistics solutions, road and rail transport to continental exit ports, export customs formalities, shipment... more
Arvato invests in Nexxiot
Germany's Arvato Financial Solutions is acquiring a stake in Swiss logistics digitisation and trade tech player Nexxiot. The move will see the financial services provider of Germany's Bertelsmann Group invest in the development of digital technologies and AI-powered cloud... more
Etihad Cargo switches to Airbus
Etihad Airways has signed a letter of intent (LoI) for seven A350 freighters to add to its existing fleet of five A350-1000 passenger versions. The announcement was made at this week's Singapore Airshow. The UAE flag carrier has also selected Airbus’ flight hour services (FHS)... more
HFW picks Jens Mathiasen
Global, sector-focused law firm HFW has appointed its first representative in Denmark with the hire of shipping lawyer Jens Mathiasen. He has a broad experience in the shipping industry with a particular focus on M&A and corporate, ship finance, sale and purchase,... more
Centralising distribution in Madrid
Siemens Logistics, a subsidiary of the Siemens Group in Constance, Germany, has won a contract from parcel service provider GLS Spain. The order covers the design, integration and commissioning of parcel sorting technology for a new GLS logistics centre in Madrid. In... more
Turkish Cargo partners with WFS in Texas
Worldwide Flight Services (WFS) has extended its cargo handling partnerships with Turkish Airlines in North America Dallas/Fort Worth and Houston. The new contract at Houston’s George Bush Intercontinental Airport will begin in March and will see the local WFS team handle... more
Better times for Bremen
Despite corona, the ports of Bremen showed an improved performance in 2021. The quays and terminals in Bremen and Bremerhaven handled 69.7 million t of seaborne cargo in 2021, an increase of 4.8%. The ports were thus able to make up for the losses in seaborne throughput (66.5... more
Downturn, but no reason for concern
Even though the corona pandemic has continued to keep a firm hold on airports during the first weeks of 2022, the German Airports Association (ADV) expects the trend to reverse at Easter. In the cargo sector, volumes are down slightly for the first time in over a year, but they... more
HGK Dry Shipping: a change at the helm
Joachim Holstein has stepped down from the management board of HGK Dry Shipping with effect from 9 February 2022. Having played a key role in the now completed transfer and integration of HTAG's chartering activities into HGK Dry Shipping since the beginning of 2021, he now... more