Grimaldi Group expands in Greece 
The Grimaldi Group, an Italian private shipping company, has acquired a 67% majority stake in the Heraklion Port Authority (HPA) for the price of EUR 80 million. This move comes after its recent acquisition of the Igoumenitsa Port Authority. The Heraklion port, the largest... more
Industry veteran joins ASF
Global logistics provider ASF has appointed Angel Rodriguez, an industry veteran with over 30 years of global end-to-end supply chain experience, as president of ASF Air. In his most recent role at Flexport, Rodriguez created air freight solutions for Fortune 100 & 500... more
More diversity in the fleet
The Italian haulier Ambrogio Intermodal has purchased 650 swap bodies and container chassis vehicles from Kässbohrer, which were recently delivered to its site in Gallarate, Italy. Kässbohrer's coil swap body, which is the lightest in the market, and light container chassis... more
China Cargo launches Miami freighter service
China Cargo Airlines is extending its relationship with Worldwide Flight Services (WFS), a member of the Sats Group, in North America with a new handling contract, marking the start of the first services of a Chinese airline to Miami. The airline will launch three Boeing 777... more
GW in Austr(al)ia
Gebrüder Weiss (GW) has been keeping busy over the New Year, from artwork transportation in Austria to new expansions in Australia. In December 2023, the company transported Barbara Anna Husar’s atelier from Vienna to Bludenz. The Austrian artist’s fragile artwork was... more
Tangier port: bigger and greener
APM Terminals Med Port Tangier in Morocco has recently completed phase 2 of its expansion, increasing its capacity by over one million teu. The upgrade adds seven new container stacks, a 400 m berth and features 14 automated gantry cranes and eleven hybrid shuttle carriers... more
A new chair for virtual young forwarder network
Clara Thomas, operations co-ordinator at Quality Freight Services, has been appointed as the new chair of the virtual format of the British International Freight Association’s young forwarder network (YFN), taking over from Herbie Cobby from Geodis. Thomas, who is based in... more
Enlarging container handling capacity near Almaty
Eastcomtrans is to receive a USD 40 million loan from the European Bank of Reconstruction and Development (EBRD). Kazakhstan’s largest private rolling stock operator will use the funds to further develop its Zhetygen logistical centre near Almaty, acquire up to 250 new rail cars... more
Bolstering the cold chain in the Middle East
Construction has started on a USD 35 million cold storage hub at the Port of Jebel Ali, Dubai, to be run by Americold Realty Trust’s local joint venture. Americold and DP World are working together as RSA Cold Chain to connect multi-temperature services to logistics... more
Returns under red wings
Russia's Red Wings Airlines has revived Sky Gates Airlines. Founded in 2016 with a focus on freight, the company was forced to cease operations following the sanctions imposed in response to the Russian invasion of Ukraine in February 2022 and was taken over by Red Wings last... more