CSafe Global expands executive team 
Koby R. Kreinbring has joined Csafe Global, a specialist for temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, as general counsel. Kreinbring brings more than 20 years of experience in corporate law with more than a decade in the... more
ZCT becomes a weekly service 
Haifa-based shipping company ZIM is upgrading its ZIM Container Service Turkey (ZCT) to a weekly service, effective mid-May 2022. The transatlantic ZCT thus provides an enhanced connection between Turkey and the US East Coast. The port rotation, starting as of May 2022, will... more
A stronger presence in Sweden
Heinloth is expanding in Sweden and opening a branch in Helsingborg. The group of companies set up its first Scandinavian location in Trellborg (Sweden) in 2016. Heinloth expects the new branch to be a particular benefit for its freight forwarding business. Only recently,... more
Priority options from Cathay Pacific Cargo
Cathay Pacific Cargo is introducing a suite of priority options, offering dedicated booking tiers tailored to cargo shipments. Priority provides greater choice and better-defined service options to customers: speed, capacity and assurance for every shipment. The priority... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Trans-o-flex launches B2C pharma offer
Germany-based express service Trans-o-flex is now offering a B2C pharma service, which was developed for the temperature-controlled shipment of medicines to end customers. The timing of the service expansion was deliberate, the company commented. "The mail order... more
Scandlines sails out of the storm
Compared to 2020, ferry operator Scandlines increased sales by 20% to EUR 328 million last year, retaining its ebitda margin at 41%. In 2021, the company’s two ferry routes on the Baltic Sea generated revenues of EUR 260 million (2020: EUR 216 million). While traffic figures... more
Chemical transporters awarded
Union Pacific Railroad (UP) in USA has honoured 70 companies with the 2021 pinnacle award for their dedication and commitment to safely transporting chemicals by rail. The annual award honours customers who implement release prevention protocols, corrective action plans and... more
MAG’s performance improves by 60%
Malaysia Aviation Group (MAG) achieved positive ebitda (earnings before interest, taxes, depreciation, and amortisation) of +MYR 433 million (USD 102 million), compared to -MYR 1,761 million (-USD 405 million) a year ago, reducing its loss for the financial year ended 31... more