MPC Capital reshuffles top management
The supervisory board of the Hamburg-based asset and investment manager MPC Capital has promoted Constantin Baack (middle) to CEO with effect from the end of the annual general meeting on 13 June 2024. Ulf Holländer will step down from the management board after 24 years, of... more
UK ready for ETCS trials
The DB Cargo locomotive 66039 is the ‘first in class’ (FIC) engine in the UK to be retrofitted with European Train Control System (ETCS) equipment. The loco will now undergo dynamic testing at RIDC and after that accumulate more than 8,000 km of fault-free running before going... more
From cartons to multiuse packaging
Smart Container Loop is planning five more years of collaboration with the German electronics retailer. The companies have been working together on sustainable distribution since 2019. Expert SE, a retail group for consumer electronics and IT, has switched to a reusable... more
Carrier gets advice on cutting emissions
Tristar Eships, part of the Dubai-based Tristar Group, has engaged Wärtsilä Corporation to decarbonise its operations. Initially, this partnership will focus on reducing carbon emissions for two tankers in Tristar's fleet. Wärtsilä’s services include an in-depth analysis of... more
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