DDS raises new funds 
DDS Logistics, a French software developer for transport, logistics and international sourcing that specialises in transport management solutions (TMS), has just obtained new funds from its investors. The EUR 8 million fresh cash will be used to push two projects: the... more
Lineas banks on European business
Lineas has signed an agreement with Beacon Rail and Ermewa Group on a phased sale-and-leaseback of 109 T77 diesel locomotives over the period 2021-2023 and approximately 4,000 freight wagons in 2021. Lineas will continue to use the assets in its day-to-day business and remain... more
Two Boeing B747-8F for Hongyuan Group
AFG Aviation Ireland (Ireland), a wholly owned subsidiary of Aircraft Finance Germany, has completed the acquisition of two Boeing B747-8F freighter aircraft, MSN 37562 and MSN 37563, from Saudi Arabian Airlines for its strategic partner Hongyuan Group. Hongyuan Group is the... more
"Greening" the world's fleet
Maritime consultancy Clarksons Research has published a report on the adoption of 'green' technology in the world’s merchant fleet. According to this data, currently 4.2% of the operating fleet and 34% of the order book in tonnage (GT) is ready to use alternative fuels or... more
BAX is Europe's most sustainable truck
BAX, a new truck brand from Germany, has been awarded an important industry prize shortly after its official premiere: the 7.5 t truck with its exceptional 3 t payload is to receive the European transport prize for sustainability (ETPN). The deciding factor is not just the... more
Frigoscandia changes hands
Private equity holding Mutares is acquiring Frigoscandia from Posten Norge. Founded in 1948, Frigoscandia specialises in fresh, chilled and frozen food logistics solutions, providing transport services for goods at temperatures from -25° to +25°C. It operates out of 25... more
Isabelle Dresco joins Chep
Global logistics solutions specialist Chep has appointed Isabelle Dresco as chief executive officer of its French and Moroccan subsidiaries. Dresco worked for 15 years for Procter & Gamble (P&G) in Brussels, Geneva, London and Paris, mainly in marketing and brand... more
CMA CGM Group signs for four A350F
CMA CGM Group is the first air cargo operator to sign a binding MoU for the purchase of Airbus' new full freighter, the A350F. With four units, the provider of global shipping and logistics services will lift its total Airbus fleet to nine aircraft, including five A330-200F. CMA... more
100 trucks to modernise UK fleet
Montgomery Transport in UK has placed an order for 100 Mercedes-Benz Actros with Mercedes-Benz dealer Intercounty Truck and Van. Both companies are part of Ballyvesey Holdings. Montgomery Transport provides a range of just-in-time services to a broad cross-section of... more
Cool chain and last-mile transport
Austria-headquartered Cargo-Partner is expanding its food logistics and warehousing segments and its last mile and value-added services. While the warehouse in Prague has taken over nationwide temperature-controlled deliveries for a customer's fresh and frozen fish products... more