Warehouse deal closed in Madrid 
The onset of winter has not prevented Prologis from completing its acquisition agreement with Spanish real estate company Colonial comprising 18 logistics facilities totalling 473,000 sqm in Madrid, Barcelona, Seville and Guadalajara. As part of the three-phased agreement,... more
East Med service reaches Northern Range
In the beginning was the white shark. The arrival of the CMA CGM of the same name in Hamburg in January 2021 marked the start of the new NC Levant Express container liner service. A total of five containerships with slot capacities of between 3,800 und 4,200 teu are deployed... more
Crossing Europe's north in 14 hours
The DB Cargo family supplies Denmark and Sweden with consumer goods, paper and steel within just half a day. The Scandinavian Rail Shuttle, a new, direct rail transport solution offered by DB Cargo Scandinavia as cross-border operator, has recently started to run with three... more
Easing Annemarie Gardshol’s workload
Mathias Krümmel has been appointed as the new head of PostNord Sweden. He started his new role on 1 January, taking over the position Annemarie Gardshol has held since February 2018, in parallel with her responsibilities as president and CEO of the PostNord Group. Krümmel... more
BAI: air freight volatility remains rife
There are few signs of abating pressure on global air freight rates. The overall Baltic Exchange Air Freight Index (BAI) rose to 3,155 this week. The last few weeks recorded the highest absolute readings since the air freight capacity trough in Q2/2020, even as the traditional... more
Green light for next call from Cork
The Belgian liner CLdN has started its second weekly sailing between the ports of Cork and Zeebrugge, complementing a first service, installed in May 2020. "Considering Brexit and the modal shift from accompanied to unaccompanied shipping, having a second direct link... more
Grimaldi launches Palermo–Cagliari link
The Naples-based Grimaldi Group has kicked off 2021 by expanding its services to and from Sicily. Its existing thrice-weekly Salerno–Cagliari connection between the Italian mainland and Sardinia will also call at the Sicilian port of Palermo on a weekly basis from 15 January.... more
USD 100 million for Project44
Project44, a startup founded in 2014 that specialises in supply chain visibility for shippers and logistics companies, has secured a further USD 100 million investment funds in a Series D financing round. The new funding raised by Insight Partners will be used to expand the... more
Covid-19 crisis makes Liège a millionaire
Specialisation in goods transport has moved Liège airport (LGG) up to the top of the table as an essential link in the fight against the pandemic. The Belgian airport saw a 24% increase in the tonnage passing through the airport compared to 2019, going from 902,480 to... more
GLP investing in Venlo
GLP has acquired a 44,000 sqm logistics asset in Venlo (Netherlands), situated close to the German border. The fully-leased facility is located in ‘Trade Port Nord’, within easy distance of the three ports of Rotterdam, Antwerp and Amsterdam. The company said that this... more