An 80% Nordic acquisition 
Thoresen Transport in Norway was the next on the list: Danish provider Freja Transport & Logistics acquired 80% of Thoresen's shares in October 2021. Freja is part of the international group United Shipping & Trading Company (USTC). In the current financial year,... more
Irish lessor discovers cargo business
Avolon is making a significant commitment to the global air freighter market to capitalise on the growth in e-commerce. The international aircraft leasing company based in Dublin has signed an agreement with Israel Aerospace Industries (IAI). Avolon will be the launch... more
Preparations for pre-Christmas period in UK
In UK, DP World has inaugurated a storage space of 6,000 sqm dedicated to empty containers. The measure is meant to increase storage capacity during the critical pre-Christmas season. This move comes at a time when dwell times at terminals in UK have increased. Ernst... more
Two trucks as birthday present
The UK-based haulage company A.D.D. Express has celebrated its 30th Anniversary. The birthday party also played host to a special unveiling of two new Man trucks, adorned in special gold 30th anniversary liveries. The vehicles will now lead the A.D.D. Express fleet, which... more
A new old oligopoly 
The most important container production centres shifted from South Korea to China as long ago as the 1990s. The sale by Maersk of the reefer specialist MCI to CIMC is nevertheless likely to be a cherry on the cake for the Chinese corporation. Even the appetite of the Danes has... more
20 minutes to refuel a hydrogen truck
The very first refuelling of a hydrogen in Italy: a fuel cell truck produced by South Korean manufacturer Hyundai has been refuelled in Bolzano, the site of the country’s only hydrogen filling station currently in operation. Gruber Logistics was one of the companies present at... more
Winners of the 52nd AOTOS Award
The United Seamen’s Service 52nd annual Admiral of the Ocean Sea (AOTOS) Award will be presented to David Heindel, secretary-treasurer of the Seafarers International Union of North America, AFL-CIO and chairman of the international transport workers’ federation’s seafarers’... more
Seko snaps up Bansard
It is the company's biggest catch so far: Seko Logistics has acquired Paris-headquartered transportation and logistics group Bansard International. The company said in a press release that it "is embarking on the latest stage of its global expansion strategy with the... more
White smoke in the Port of Trieste
On the Adriatic coast, the Italian Port of Trieste has found a new international partner. The new free port at Bagnoli della Rosandra (FREEeste) is home to a new, multi-year partnership between Interporto di Trieste (Trieste Freight Terminal), the Port System Authority of the... more
First A321 cargo conversion inducted in China
Luxembourg-based aircraft asset specialist Vallair, launch customer of the A321 freighter conversion, has delivered its third A321 freighter, bearing serial number 1017. This aircraft follows two A321Fs already delivered by Vallair that are presently in operation: MSN 835... more