Denholm takes over 
British business J. & J. Denholm acquired freight forwarding and logistics company John Good Logistics on 31 August 2021. Financial details were not disclosed. Good Logistics was part of the John Good Group, a sixth generation family business. The Denholm Logistics... more
Egypt to electrify 660 km of its rail network
Siemens has signed a USD 4.8 billion contract with Egypt’s national authority for tunnels (NAT) to deliver a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line which will transform transportation in Egypt. The... more
When major shippers change sides
Ikea has learned its lesson from the Ever Given blockade in the Suez canal this year. The Scandinavian home furnishing retailer has now entered the shipping business arena, confirming to the Swedish press that the company is chartering vessels and buying containers to avoid... more
Belgians comment environmental report
In its comments on the EU’s first environmental report on maritime transport (Emter), the Royal Belgian Shipowners’ Association says that the report provides a clear overview of the sector’s current efforts to achieve Europe’s carbon neutrality ambition. Launched on 1... more
Michael Perschke elected CEO
Quantron has appointed automotive manager and EV pioneer Michael Perschke as CEO and board member. In his professional career, Perschke was founder-CEO of Automobili Pininfarina and held senior executive positions at Audi, Audi India and the Volkswagen Group. Andreas Haller,... more
Romania's E-P Rail banks on transformation
Nexxiot is digitalising E-P Rail's entire fleet. In the coming months, the Swiss IoT company will install IoT sensors in all the Romanian rail company's freight wagons. Nexxiot will supply around 1,100 gateway devices for the project. These Globehoppers collect data to be... more
Highest accolade for DHL Group
The market capitalisation of EUR 24 billion in 2021 clinched the deal. Deutsche Post DHL Group will be the first logistics company to join STOXX Europe. Qontigo, the financial market services provider and subsidiary of Deutsche Börse, informed that the shares of Deutsche... more
Yesim Çetinkaya now COO at Çelebi Cargo
Previously project coordinator at Çelebi Aviation Holding, Yesim Çetinkaya will now assume her new role as chief operating officer at Çelebi Cargo. She will be based in Frankfurt. Çetinkaya began her professional career at Çelebi Ground Handling Turkey as a load control... more
Will carrier profitability last?
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... more
Another coup for Gebrüder Weiss
The Bavarian middle-sized freight forwarder Spedition Lode and its 60 employees will join the Gebrüder Weiss network in October 2021. Financial details of the deal were not disclosed. With this latest acquisition, Gebrüder Weiss is taking another step in its expansion in... more