A lot of money for Lineage Logistics 
Lineage Logistics, a major player in temperature-controlled logistics since 2008, has raised USD 1.9 billion in equity from new and existing strategic partners for investments in facilities and technologies. Among the investors are Bentall Green Oak, D1 Capital Partners,... more
Trailer manufacturer expands in Benelux
New location at transport hub in the Netherlands: German manufacturer Kögel is expanding its sales and service activities in the Belgium-Netherlands-Luxembourg triangle. The company has opened a new branch of its Dutch subsidiary in Kampen (the Netherlands) to this effect.... more
2020: uptick in reefer market
The reefer market saw a global upswing in 2020, with a worldwide average growth of 3%-4%. The increased volume of reefer containers in the Belgian port of Antwerp last year is partly due to the increased demand for healthy foodstuffs and pharmaceutical products. In 2020, the... more
Second managing director for LHG
Upon recommendation of the supervisory board of Lübecker Hafen-Gesellschaft (LHG), Germany’s largest port operator on the Baltic Sea, Ortwin Harms (right) has been appointed the company’s second managing director with effect from 1 April 2021. Sebastian Jürgens (left),... more
More time for industry in UK
The British International Freight Association (Bifa) does not overestimate the extension of the border operating model deadlines in UK till the year 2022. "It’s no surprise that the government has extended the deadline for the introduction of checks and customs... more
100th joint cargo flight of reduced fleet
One year ago, Austrian Airlines built an air bridge between Europe and Asia on behalf of Time Matters, a subsidiary of Lufthansa Cargo, to directly transport urgently needed PPE to Vienna, Frankfurt and Linz. Over 2,000 t of goods could be moved on some 100 flights from Xiamen,... more
Safety measures for TEN-T Corridor
Rail Baltica, the consortium that will oversee the construction of a 1,000 km railway segment of the North Sea-Baltic Corridor, has awarded engineering company Rina to define safety, reliability, availability and maintainability requirements according to European standards.... more
Stef Group hit hard by Covid-19
The pandemic inflicted heavy casualties on the Stef Group, a European provider of temperature-controlled transport and logistics services for food products. 2020's annual results saw operating income contracting by 28% to EUR 117 million compared to EUR 162.9 million in... more
Now four round-trips in key service
The ÖBB Rail Cargo Group (RCG) is increasing the frequency of its intermodal TransFER service Linz-Wels-Duisburg to four round-trips a week from 5 April 2021, thus enhancing its offer for FCL and FTL transport between Austria and Germany with a fixed timetable and attractive... more
Very big transactions
Aercap, a global leader in aircraft leasing headquartered in Dublin, is to acquire its competitor GE Capital Aviation Services (Gecas). GE will receive 111.5 million newly issued Aercap shares, USD 24 billion of cash and USD 1 billion of Aercap notes and/or cash. Upon... more