Global market recovery continues in September
According to data released by the International Air Transport Association (Iata), global demand, measured in ctk, increased by 1.9% compared to September 2022 levels. Capacity, measured in available ctk, was up by 12.1% compared to September 2022. Growth was owed largely to... more
A special advisor for Seaber
Finnish maritime technology company Seaber has appointed a new special advisor, Willem Dijkhuis. He has served as chartering & freight trading executive at Cargill, an agribusiness company based in the USA and one of the country’s biggest private companies. Dijkhuis is... more
Spot rates continue to fall
The latest Upply x Ti x IRU European road freight rates index for Europe shows that the spot rates index dropped further below the contract rates index in Q3/2023. The spot index fell for the fourth consecutive quarter, while the contract spot index climbed for the first time... more
Project 44 hires chief product officer
Project 44, a global supply chain visibility platform, has added AJ Wilhoit as chief product officer to its leadership team. An industry expert with more than two decades of experience in supply chain technology, Wilhoit has overseen the development of numerous innovations.... more
Germany’s rail industry is growing - abroad
Deutsche Bahn generated record sales of EUR 7.8 billion in Germany in H1/2023, an increase of 15%. However, growth is taking place abroad, with exports accounting for around 40% of sales. The domestic market shrank by 8% to just under EUR 5 billion. Incoming orders in... more
A new head for logistics and distribution
Felipe Morgulis has been promoted to president of UPS Healthcare and Bomi Group's logistics and distribution business for Europe and Latin America (Latam). Morgulis will operate out of Italy as part of the UPS Healthcare leadership team. He will report directly to John Bolla,... more
Appeal against Gateway Basel Nord approved
On 19 October 2023, Switzerland’s federal administrative court ruled in favour of an appeal by Swissterminal against the Swiss government's financial contribution with regard to the planned trimodal Gateway Basel Nord (GBN). The court ordered that the contested rulings must... more
Pay-per-use for electric lorries
Truck manufacturer Scania and digital freight forwarder Sennder have founded a JV in Berlin to accelerate the electrification and decarbonisation of the European road logistics sector. The two companies are introducing Juna, a pay-per-use model for e-trucks, which are two to... more
A step across the Baltic Sea for Hellmann
Hellmann Worldwide Logistics has taken a major step into the Baltic States by acquiring the remaining shares of its local partner companies. The acquisition will strengthen its market position in the region and in Northern and Eastern Europe. Hellmann has been present in the... more
DP World's investment in London Gateway
DP World has marked a decade at London Gateway with a GBP 56 million (USD 69 million) investment in four automated stacking cranes (ASCs), bolstering the company’s supply chain infrastructure in the UK. These cranes, supplied by Finnish manufacturer Konecranes, are part of... more