Takeover in Hungary and Romania
Innight Hungary, which is based in Hungary and Romania, will operate under the Night Star Express banner in the future. The driving force behind the takeover is Hellmann Worldwide Logistics, a shareholder of Night Star Express. The acquisition now allows Hellmann to deliver... more
JMC Group expands North American presence
JMC Group, a provider of aviation manpower and engineering services headquartered in southwest UK, has strengthened its North American division, having launched in Canada in June 2021. Experienced recruiter Patrick Ramsey joins the business in Montreal, bringing nearly five... more
Six B757 freighters for Amerijet
US cargo carrier Amerijet International Airlines has incorporated six B757 freighters into its fleet. The addition comes as part of an expansion and modernisation strategy launched in 2020. The B757-200(PCF) freighters will offer Amerijet customers versatility, range and... more
UK haulier augments its portfolio
UK-based Palletline Logistics has acquired the pallet distribution and warehousing elements of Ningbo Palletised Distribution. Under its new ownership, the business will operate as Ningbo Wrexham and Ningbo London which between them employ 120 staff and operate 70 vehicles.... more
Playing cards instead of ammunition boxes
Panattoni is realising a tailor-made new building for Spielkartenfabrik Altenburg in the city of Altenburg in Thuringia (Germany). It is Europe’s oldest known designer and producer of playing cards and part of the Belgium-based playing cards manufacturer Cartamundi.... more
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