ONE's great leap
Singapore-headquartered Ocean Network Express has published its results for its Q3, which covers the period of October to December 2020. ONE’s fiscal year runs from April 1 to March 31. The quarter saw a particularly strong momentum with a profit of USD 944 million (5... more
Karin Rådström welcomed on board
Karin Rådström recently took up her position as member of the management board of Daimler Truck, responsible for Mercedes-Benz Trucks. She succeeds Stefan Buchner, who retired October 2020. Previously, Rådström was a member of Scania’s executive board and head of the sales... more
Another victim of the pandemic
After 40 years of service in the air and more than 20 years as museum plane at Hamburg airport, the B707-430 Lufthansa D-ABOD is now nearing the end of its life. Economic difficulties caused by the corona crisis force the airport, which "celebrated" its 110th... more
New terminal in Alexandria
The Egyptian authorities of the Port of Alexandria plan to enter into a long-term partnership with CMA CGM to operate and manage Pier 55. The negotiations in Egypt were headed by CMA CGM chairman and CEO Rodolphe Saadé. In total, the new container terminal will cover an area... more
Strategic partnership at Milan MXP
Beta Trans and Airport Handling have become strategic partners to provide a full range of cargo services at Milan Malpensa (MXP). The joint offering includes high quality and safe ramp and cargo handling, warehousing and RFS. The tow companies’ recent investments include a... more
Carrier reliability hits rock bottom
The Copenhagen-based maritime intelligence provider Sea-Intelligence has published the figures on carrier schedule reliability in December last year. In its latest issue of the Global Liner Performance (GLP) report, CEO Alan Murphy spoke of a "record-low 44.6 pc in December... more
Greiwing enlarges footprint in Hamburg
Werner Bruhns Lagereigesellschaft mbH joined the Greiwing logistics group on 1 January 2021. With this acquisition, the logistics services provider with headquarters in Greven in North Rhine-Westphalia strengthens its presence in northern Germany and expands its portfolio for... more
Hupac expects strong demand for P4 transport
In 2020, Swiss intermodal operator Hupac transported 1,014,686 road consignments or 1,913,000 teu, representing a slight decrease of 0.9% compared to 2019. The main influencing factors were the slump in maritime traffic from overseas and the economic lockdown in Europe as a... more
New Silk Road comes to Valenciennes
For the first time, Contargo unloaded containers at the terminal in Valenciennes (France, region Hauts-de-France) that had arrived in Duisburg (Germany) two days previously by rail from China. The containers were then transported to France on a barge operated by Contargo.... more
LDZ to reject competition council’s ruling
The Latvian rail carrier LDZ Cargo abused its dominant position and has to pay EUR 5.7 million for violation of the law, the European competition council (CC) ruled, according to Latvijas Dzelzceļs (LDZ). The rail company rejects the CC's accusation. "LDZ and its... more