DHL says "thank you" in Linz 
DHL Express came up with a special gesture to thank frontline workers amid the coronavirus pandemic. A DHL aircraft with rainbow symbols and huge stickers saying "Thank you" shows the express service provider's gratefulness for all essential workers who keep operations... more
More connections between Italy and Greece
The Naples (Italy)-headquartered Grimaldi Group is enhancing its maritime connections between Italy and Greece, where the group is active with the Grimaldi Lines and Minoan Lines brands. Starting from 11 June, the deployment of the ro/pax vessel "Venezia" will add... more
Higher capacity and lower flying level
EFW delivered another A330-300P2F last week. This airplane is special - not only because it is a "triple 7" Airbus aircraft (serial number MSN777) but also because it will be the first high gross weight (HGW) converted A330-300 with a gross payload of more than 62 t on... more
Beacon closes USD 15 million fundraising round
London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.... more
Boosting digitalisation with own IT firm
Russian FTL-trucking company Globaltruck has created an IT company within the group. “Global Truck Information Technology” is designed to enhance the digitalisation of business processes and accelerate the implementation of the group’s plans to develop new services and build... more
Gefco restructures air & sea business
Gefco’s air & sea business has announced a new leadership and a reorganisation in three key sectors: industry, automotive and life science/healthcare. Since February, executive vice president Paul-Henri Fréret has been leading Gefco’s air & sea division. In May,... more
Space for more influx to the Port of Hamburg
The controversial deepening of the Elbe, key to paving the way for the mega vessels' way to the Port of Hamburg, has cleared the last legal hurdle in Germany. The federal administrative court in Leipzig rejected the lawsuit lodged by environmentalists against the supplemented... more
Wabco is now part of ZF
Now that all official approvals have been granted, ZF Friedrichshafen has completed the acquisition of Wabco, a supplier of commercial vehicles. Wabco's shares, which were before listed on the New York stock exchange, were withdrawn from the stock exchange market with immediate... more
Priority Freight hires general manager in Frankfurt
Priority Freight, a time-critical logistics specialist, has further expanded its operations in Europe by opening new premises at Frankfurt airport. The new office, which began operations just before the Covid-19 pandemic, is headed up by Marco Sauer. Sauer joins Priority... more
Merchant fleet officer shortage imminent?
The already existing shortage of officers to crew the global merchant fleet is getting worse. According to the latest manning annual review and forecast report published by the London (UK)-based shipping consultancy Drewry, the reduced attractiveness of a career at sea and... more