Cargotec - Konecranes merger revisited 
The European Commission, which recently started a phase II review of the merger between Cargotec and Konecranes, decided to open an in-depth investigation to assess the project under the EU merger regulation. The message is clear: "The Commission is concerned that the... more
Geodis expands US footprint
Freight forwarding group Geodis has acquired Velocity Freight Transport, a freight brokerage company based in Plano, Texas. The seller is the McLane Company, a subsidiary of Berkshire Hathaway. The details of the transaction, effective 30 June 2021, were not disclosed. Mike... more
Flying three fire trucks on one AN-124
Antonov Airlines has safely transported three Rosenbauer Panther 6x6 fire trucks, weighing 21 t each, on a single AN-124-100M-150 flight from the Middle East to Central Asia. The carrier's team managed to find a solution within a week to get the trucks to destination after a... more
Dual-mode locomotives for Germany
Siemens and Paribus have signed a framework purchase agreement and a full-service contract for up to 30 Vectron Dual Mode locomotives. Along with the signing of the agreement, a call was placed for seven locomotives for which Northrail, also belonging to the Paribus Group, has... more
Seebauer to Chiemsee
Petra Seebauer assumed the position of managing director of the 'Prien Logistics Competence Centre', located on the banks of Chiemsee in Bavaria (Germany) on 1 July. She'll lead the centre in partnership with Karl Fischer, who is leaving the company on 30 June 2022. Seebauer... more
Pact for a North Asian route
Ceva Logistics, the Marseille-based logistics branch of CMA CGM, has inked an intercontinental cooperation agreement with the Wuxi Sunan Shuofang International Airport Group and its affiliated logistics company. The new weekly route starts in Seoul (South Korea) and goes to... more
Peters returns to logistics sector
Lineage Logistics, a USA-based temperature-controlled industrial REIT and logistics solutions provider, has appointed Harld Peters as SVP Europe. He brings extensive experience leading technology-driven transformation and accelerated growth, most recently serving as... more
2,000 mineral hopper cars ordered
In Russia, Euro Chem and freight car manufacturer UWC have signed a contract for the supply of 2,000 new generation hopper cars for mineral fertilisers. All the relevant agreements are set to be fully implemented by June 2022, with the complete batch of railcars to be dispatched... more
"Ever Given" now free to go
As the Suez Canal Authority (SCA) confirmed recently, it has agreed on a settlement for the compensation it is demanding from the owners of the mega container vessel "Ever Given". Details of the transaction with Shoei Kisen Kaisha, the Japanese owner of the ULCV,... more
Wind project finished in Portugal
The Laso Transportes Group has finished all transports for its Alto da Croa wind farm project. After twelve months of work, the contractor Greenalia has completed the construction of the Alto da Croa (Vimianzo), Monte Tourado (Vimianzo) and Croa II (Vimianzo and DumbrÃa) wind... more