Italian tech platform changes hands 
The Poste Italiane has finalised its acquisition of LIS Holding (LIS) from International Game Technology (IGT). The investment amounted to EUR 700 million paid for the acquisition of 100% of the shares, including conventional net unrestricted cash of EUR 70 million. As a... plus
CSX picks Joseph R. Hinrichs
CSX Corp., one of the USA’s major transportation suppliers, has announced that, as part of a planned succession process, its board of directors has appointed seasoned executive Joseph R. Hinrichs as the company’s new president and CEO, effective today, 26 September 2022.... plus
Another last mile location close to LAX
Omni Logistics has opened a new warehouse and cross-dock facility near Los Angeles in California, as the next chapter of the company's expansion with new facilities in Nashville, Portland San Francisco, Philadelphia and a Dallas-based logistics campus. The site is located... plus
B747-400ERF joins National Airlines fleet
USA-based National Airlines has added a Boeing 747-400 ERF, extended range freighter, to its fleet. The aircraft is a fuel-efficient freighter under registration N663CA (MSN 35237). Featuring a nose door and a large side door, it is a logical choice globally for sophisticated... plus
Davies Turner rewards staff
The UK forwarder is distributing 20% of the profits made in its last financial year to every qualifying member of staff that was in the company’s employment for the entirety of that year. Davies Turner said the policy reflected its ongoing financial strength and hopes that... plus
Biogas to serve the West Indies
Biogas is the secret weapon. CMA CGM is planning to build and launch seven new container vessels powered by biogas. They will be deployed on services to the French West Indies. Delivered gradually as of 2024, the seven new container ships – four 7,300 teu vessels and three... plus
Cargo Trans Logistik expands board
The supervisory board of Cargo Trans Logistik (CTL) has elected Guido Söffker to the executive board with effect from 1 October 2022. Francesco De Lauso has been appointed chairman of the board. With the expansion of its top management, which, in addition to Söffker and De... plus
First German car terminal on the Baltic Sea
Autolink Germany's first vehicle terminal officially began operations in Rostock's Überseehafen on 22 September 2022. This is the final result of the concession negotiations between Autolink Germany and Rostock Port that came to a successful conclusion in October 2020. On... plus
Wiremind Cargo: software to optimise revenue
Wiremind Cargo, a French technology specialist, has launched a new module within its Cargo Stack CMS suite: Revenue Optimisation is a comprehensive decision support tool designed to help sales steerers and flight controllers in three key aspects of their job. For revenue... plus
New route extends intermodal options in Asia
Fesco has launched a new intermodal container service running from Japan to Uzbekistan via China and Kazakhstan. The offer includes marine transport from the port of Yokohama (Japan) to the port of Lianyungang (China, Jiangsu Province). Then the containers continue their... plus