A big deal about cash 
The Spanish company Prosegur Cash, which specialises in logistics services for securities and cash management, has bought the majority of shares from the 1991-founded Change Group, a global provider of foreign currency and financial services. The takeover of a non-specified... plus
VDR elects new board members 
After welcoming Dr Martin Kröger as its new chief executive officer in spring, the German Shipowners' Association VDR has now promoted staff members Irina Haesler and Tilo Wallrabenstein to its executive board.Haesler is a lawyer and has been with VDR since 2013, most recently... plus
Cargo boom at Budapest Airport
Budapest Airport’s Cargo City is set for another significant expansion following the dynamic cargo development at the Hungarian gateway since the infrastructure opened in January 2020. Increasing the airport’s annual cargo capacity to 300,000 t, the latest progression is... plus
Igoumenitsa awards tender to a consortium
The bidding process is over and a consortium has won. It is made up of Grimaldi Euromed, Minoan Lines Shipping, and Investment Construction Commercial & Industrial, and they will now thus acquire a 67% stake in the share capital of Greece’s Igoumenitsa Port Authority. Their... plus
Higher speed and improved punctuality
With the time table change in India, effective from 1 October 2022, about 500 mail express trains have been speeded up by 10 to 70 minutes. 130 services (65 pairs) have been accelerated by converting to Superfast category, the Indian ministry of railways reports. Overall,... plus
For direct rule in Kloten
ATS-Hellmann is giving up its air and sea freight activities in Switzerland and handing them over to Hellmann directly. From 2023 on, Hellmann will be working with its own Swiss national company and taking over part of its long-standing partner’s team and market presence in... plus
Belgian airport fortified
Liège airport, a key European freight hub, has appointed Frédéric Brun (on the left) as its head of commercial cargo, and Alexis Lapot as its senior manager for cargo sales. They will join a team headed by Torsten Wefers, the vice-president of marketing and sales. Brun... plus
Alliance one of USA's top 20 cargo airports
Perot Field Fort Worth Alliance Airport (AFW) has been named one of the USA's top 20 US cargo airports ranked by the Federal Aviation Administration (FAA). Moving up three spots in the rankings, AFW landed more than 1.1 billion kg in 2021, a volume increase of 45.75% from the... plus
Three trucks added to fleet
Suga Rich, a big player in the surplus food reprocessing business, has added three new identical Volvo FM 500 6x2 trucks to its growing fleet. The new trucks will be used to deliver surplus food products to the company’s seven reprocessing mills located in UK. The trucks all... plus