VCFI reports stabilised growth 
The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the port of Valencia (Spain), closed the year with a 4.14% increase in December compared to November. This rise continues the trend of the last... more
Chep picks Alejandro Tostado
Chep, the supply chain solutions company, has appointed Alejandro Tostado as sustainability & government affairs manager for Chep Europe. Effective from 1 January, Tostado will report to Juan Jose Freijo, Brambles global head of sustainability. In his new position, he... more
Private equity fund creates European logistics player
Axcel, a Scandinavian private equity fund, is purchasing the companies Carousel and Danx from the founders and former investors to create a pan-European logistics network for critical logistics services. The partners in the new group, with an annual turnover of around EUR 190... more
New business unit to push digitisation
ZF, Germany, has launched its "commercial vehicle solutions" division (CVS). The new business unit combines ZF's expertise in the commercial vehicles sector. Its aim is to drive the development of solutions for safe, sustainable and digitised transport forward, the... more
Denis Petropoulos succeeds Lord Mountevans
Baltic Exchange chairman Denis Petropoulos will succeed Lord Mountevans as chair of the LISW23 board of advisors, while John Hulmes, chair of Mersey Maritime, will assume a third term as chair of the LISW23 steering group. Sean Moloney, director of Shipping Innovation, said... more
A drop in times of overflow?
The Chicago-based maritime intelligence provider Project 44 recently analysed the latest developments in ocean shipping and gave its outlook for 2022. Despite a steady decline in teu capacity occurring during H1/2021, port conditions deteriorated. In December, though, port... more
Circular Haven in Antwerp in the making
The first two concessionaires are breathing life into the Next Gen District in the Port of Antwerp. The commitment of Triple Helix and Bolder Industries is the first step towards the creation of a future hotspot for the circular economy. The partners hope to attract a cluster of... more
Cobelfret Terminal integrated into network
Kombiverkehr is expanding its product portfolio for intermodal transports to and from Rotterdam. The provider has added a new continental connection for the transport of semi-trailers, containers and swap bodies between Nuremberg's Tri Con Terminal and Rotterdam Cobelfret to its... more
MSC wears the crown
As expected, the Mediterranean Shipping Company (MSC) overtook Maersk as the largest ocean carrier by operated vessel capacity on a global scale at the beginning of the year. Nevertheless, the Danish shipping company always claimed to focus on its strategy of profitability... more
Continentals wrap up acquisition in UK
Nagel Group and Stef Group have completed their acquisition of Langdon Group in UK after receiving the green light from the regulatory authorities. Specialising in national temperature-controlled transport, the Langdon Group focusses on the import and export of fresh and frozen... more