Fedex can't help winning 
Fedex remains a winner of the 2020 pandemic. The company recently reported its consolidated results for the quarter ended 30 November 2020.In the three months from September to November, revenues surged from USD 17.3 billion to USD 20.6 million (+16.1%) compared to the same... more
DFI Partners: parting of the ways
Since 11 March 2021, Dietz Fleischer Industrial Partners (DFI), a specialist in the development of commercial and logistics properties headquartered in Bensheim (Germany), has operated as an independent company, with Andreas Fleischer as its sole managing director.Following a... more
Hegelmann adds 1,000 trucks
Due to the spot market’s high demand for FTL transport, Germany’s Hegelmann Group is adding 1,000 trucks to its fleet in 2021. The acquisition involves replacement and expansion investments in roughly equal parts. The first tranche of 550 trucks from Daimler has already been... more
More vehicles for Swiss goods transport
Swiss transport company Hugelshofer, from Frauenfeld, has expanded its vehicle fleet with four Renault Trucks T480 P6x2s and seventeen Renault Trucks T460 P4x2s. They will be used for goods transport all over Switzerland.With the new vehicles the transport and logistics company,... more
BDI at record high
The Baltic Dry Index (BDI), an index of the international dry cargo freight market, stood at 2,105 points on 17 March. The BDI thus reached its highest value since 4 September 2019, when it scored 2,518 points, the record in almost nine years.By size, the panamax index, covering... more
1,000 flat cars for intermodal network
Intermodal operator Trans Synergy has ordered 1,000 large-capacity container flat cars from Russian freight car manufacturer UWC. The rolling stock will be delivered in 2021. This is the companies' second deal: 360 similar container flat cars were delivered to Trans Synergy last... more
First flight of last A380
The last A380 manufactured in Toulouse took off on its first flight last week. The superjumbo flew from the Airbus plant in southern France to the Hamburg site.It will undergo tests in northern Germany before its handover, for which no date has yet been fixed. The 251st model... more
New option for dangerous goods declaration
The Geis Group, based in Neu-Isenburg near Frankfurt (Germany), digitalised the registration of dangerous goods for its customer Siemens Healthineers within a few weeks, with the support of IT service provider Dakosy.The freight forwarding group, which surpassed the threshold of... more
Quiet engines for heavy goods traffic
Rolling stock lessor Northrail has added seven diesel-electric universal locomotives from Vossloh to its fleet. The vehicles have been leased to DB Cargo for an initial three years and are already in service. With their high operational flexibility, they are designed for heavy... more
Four seafarers rescued
Four Indian seafarers who spent two years stranded on a ship in Mumbai (India) in horrific conditions have finally gone home, thanks to help from Sailors’ Society. As they stopped receiving their salaries three months ago, the men were not given shore passes or signed... more