Significant input from Berlin?
New strategy for all German ports represents a milestone. The German port industry wants more government support. Until now, funding for the seaports has virtually come from the ports themselves and the five federal states in which they’re located. In March the German government... more
200 wagons to join Lithuanian rail fleet
The new acquisition will strengthen the transport capacities of LTG Cargo. According to its published international public tender, the Lithuanian carrier will use the new 200 open-top wagons to ship bulk and other weather-resistant cargo, with most of them carrying dolomite and... more
Riyadh Dry Port welcomes first Jubail train
The maiden train carried its load of 78 teu to Riyadh Dry Port along the Saudi Arabia railway line that connects Jubail Commercial Port with the East Train Network. The maximum capacity for a single trip on the railway is 140 teu. This alternative enhances the connection... more
Liz Stokes takes up the baton
APC, an independent parcel delivery network based in the UK, has appointed Liz Stokes as its new HR director. She takes over from Corina Forman, who had been with the business for eighteen years. Stokes has a proven track record in a range of industries including defence,... more
A year-defining acquisition
The Geis Group was able to raise its turnover and expand its service portfolio in 2023. It attributed this performance to the majority takeover of Quehenberger Logistics, which defined its growth last year. At EUR 1.89 billion, the group’s turnover was around EUR 0.5 billion... more
LX Pantos opens rail terminal in Hungary
The Austrian Rail Cargo Group has leased a rail terminal in Tata (Hungary) to LX Pantos, a logistics services operator from South Korea. The partners plan to jointly develop business opportunities in the automotive and battery transport market in Eastern Europe and build up a... more
Container imports rebound
The port of Gothenburg posted record-breaking container throughput in Q1/2024, surpassing previous levels. Last year, exports drove record numbers, but imports declined nearly 20% due to high interest rates and a weak Swedish krona. This trend reversed in 2024, with imports... more
Launching freight insurance in Europe
After establishing its freight insurance services in North America, the company Loadsure is now planning to gradually expand in Western and Northern Europe. Effective immediately, Loadsure is approved to write business in Europe, with an initial focus on the Benelux region,... more
China flags off new trains to Moscow
One of the new trains connects Moscow with Taiyuan in North China and the other runs to Shandong in East China. The Taiyuan train is served by China Railway Express (CRE). As the capital city of Shanxi province, Taiyuan boasts a relatively complete integrated freight hub system... more
More sustainability instead of more dividends
At Hapag-Lloyd’s annual meeting on 30 April, the environmental group Nabu and the Dachverband der Kritischen Aktionärinnen und Aktionäre (German association of critical shareholders) criticised that the company does not give sufficient priority to environmental and climate... more