Very big transactions
Aercap, a global leader in aircraft leasing headquartered in Dublin, is to acquire its competitor GE Capital Aviation Services (Gecas). GE will receive 111.5 million newly issued Aercap shares, USD 24 billion of cash and USD 1 billion of Aercap notes and/or cash. Upon... more
Ready for e-commerce?
The e-commerce-boom opens up new opportunities, but are companies ready to seize them? Geodis and Accenture have jointly developed a methodological approach to measure the level of e-commerce readiness in cooperation with 200 companies. The new kid on the block is called... more
2020: Ranking of European Ports
In the pandemic year 2020, the 15 European ports with the most container traffic handled 76.8 million teu, 2.8% less than in 2019. Some of the ports registered significant double-digit downturns in H1/2020, but a generalised recovery in the second half of the year allowed... more
Partly sunny over Southern France
With a cargo volume of 51,300 t (-14.1% compared to 2019), Marseille-Provence Airport (MRS) did not fare badly in 2020, ranking second nationally behind Paris CDG. For 2021, cargo director Jean-Marc Boutigny expects a growth of 7%, which should bring the hub in Southern... more
Another stop on Vladivostok-Moscow route
Russian transport group Fesco has added the terminal and logistics centre Bel Rast as a further stop to its Fesco Moscow shuttle service on the route from Vladivostok to Moscow. The trains will thus arrive at and depart from four stations in the Moscow region – Silikatnaya,... more
Swiss Post against the trend
Swiss Post is clearly in the black in 2020, but does not benefit from the parcel boom as much as other postal organisations in Europe. Revenue fell significantly year-on-year from CHF 450 million to CHF 272 million (-40%), which was partly due to the decline in letter volumes... more
Eco-friendly solution within network
Tropos Motors Europe has joined the German Logistics Association "Bundesvereinigung Logistik" (BVL). The subsidiary of the Mosolf Group provides an eco-friendly solution for city logistics, delivery services and factory traffic with electric compact utility vehicles.... more
Roll-out starts in Madrid
As part of its digitalisation strategy, Deugro, a project freight forwarder, has begun implementing cargowise, an integrated logistics execution platform developed by Wise Tech Global. Starting with the company’s branch in Madrid, the software will be employed in all branches... more
Investments in Brake port
At the port of Brake in Lower Saxony, around EUR 8.4 million has been budgeted for investments and EUR 4.9 million for maintenance in 2021. The Europe-wide tender procedure was concluded last year, and pile-driving work for the first large ship berth at the south pier can begin... more
New aviation business development manager
First Choice Staff, a recruitment specialist to the freight, logistics and distribution industries in UK, has appointed Colin Blusch (left) as its aviation business development manager, thus expanding its offering to airport services, cargo and ground handling companies. Based... more