Agility becomes DSV Panalpina
After acquiring the Inkas Group of companies in 2021, UTI Worldwide in 2015 and Switzerland-based Panalpina in 2018, Danish transport and logistics company DSV is taking over Agility Global Integrated Logistics (GIL). The transaction is valued at USD 4.2 billion (DKK 26... more
More traffic between Lübeck and Liepāja
More connections have been added to the Baltic Sea route between Latvia and Germany. Swedish shipping company Stena Line recently began to deploy the "Stena Vinga" on its service between Lübeck and Liepāja in Latvia, thus strengthening its network. The ro-pax ship... more
Drone delivery service in Kenya
British advanced air mobility (AAM) company Skyports has signed a MoU with Kenya’s flag carrier airline Kenya Airways, to collaborate on launching permanent UAV operations in the East African country. Joint efforts have already begun with respect to drone delivery. In the... more
Daimler Truck prepares for independent future
In preparation for its spin-off from Daimler and its independent listing on the Frankfurt stock exchange which is planned for late 2021, Daimler Truck has created a new management board and is planning a series of significant management and organisational changes, set to take... more
Improving global road safety
Menzies Distribution Group in UK has become the latest supporter to sign up as a corporate member of Transaid, the international development organisation committed to improving global road safety standards. The company has pledged its support for an initial three-year... more
Dutch trade association mandates Paycargo
Payment platform Paycargo, which processed USD 4 billion in transactions for logistics firms last year, has teamed up with Air Cargo Netherlands (ACN) to help simplify the payment and collection of the association’s membership and delegate transactions. The trade association... more
HGK banks on continuity
Steffen Bauer has been at the helm of inland navigation company HGK Shipping, which is part of the Stadtwerke Köln Group, since August 2020. His contract as CEO has now been extended. Bauer served as head of the Imperial Shipping Group for several years before it was taken over... more
How sustainable is Hapag-Lloyd?
In 2020, Hapag-Lloyd’s fleet was using IMO 2020-compliant low-sulphur fuel oil, thereby reducing its sulphur-oxide emissions by roughly 70% compared to 2019. This can be deduced from Hapag-Lloyd's latest sustainability report. In addition, fuel savings of around 15% were... more
Geis contracts and improves
Germany-based Geis Group carried out a portfolio adjustment in 2020, but ended the financial year on a positive note. In 2020, the internationally active logistics service provider achieved net sales of just over EUR 1 billion. Managing partners Hans-Georg Geis and Wolfgang... more
New partner for China-France e-commerce
Following the 2019 launch of DPD China under the Lenton Group umbrella and benefiting from the rollout of multimodal services between China and Europe, Lenton Group is implementing additional logistics solutions to strengthen its connections with the DPD Group network in Europe.... more