Profits to be invested in Damietta 
As expected, Hapag-Lloyd achieved strong results in Q1/2022, handling the same volumes as in Q1/2021, approximately 3 million teu. While revenues went up by 11.2% to USD 9 billion, ebitda was at USD 5.3 billion (+11.3%) and profit amounted to USD 4.7 billion (+10.6%). The... plus
A cold takeover
The French group Clareton has acquired Christian Gaillard’s cool chain business. The unit comprises cold warehouses covering a surface of 7,000 sqm (frozen, fresh and ambient storage). The staff and 25,000 sqm of land are also part of the deal. Clareton, which recently built... plus
Increased sustainability for Australia
Linfox Logistics has introduced the first electric truck for the Australian retailer Coles. The electric vehicle is an important step towards Linfox and Coles’ shared sustainability goals, the two companies said. The Fuso eCanter services several Coles stores in New South... plus
Abracadabra in Latin America's air transport business
Exactly 40 years after the Steve Miller Band released the pop classic "Abracadabra", the shareholders of Avianca (Colombia) and GOL (Brazil) have conjured the “Abra Group as a major air transportation group across Latin America” out of the hat. Subject to customary... plus
Menzies Aviation and Agunsa to partner in Chile
Menzies Aviation has acquired a controlling stake in Agunsa Aviation Services, formerly a wholly owned subsidiary of Agencias Universales. Agunsa Aviation Services provides full ground handling and air cargo handling services to several major international airlines at... plus
"Curiosity of the Day" 
Water buffaloes grazing in opium fields become meek and move away from the herd. After harvesting, they show withdrawal symptoms such as cramps and restlessness. plus
The "Hopper" is back
The direct connection between the Überseehafen and Columbus Island in Bremen has been restored, with the "Columbus Hopper" resuming operation this week. The 40 m long ship offers factory traffic a way to cross the connecting canal between Kaiserhafen and Nordhafen.... plus
A big surface in Germany
B+S Logistik und Dienstleistungen has acquired a logistics property in Hammersbach in the northeast of Germany’s Rhine-Main region, thus adding 40,000 sqm of space to its portfolio. One of the customers is Pepsico, a major player in the food sector. B+S will take over the... plus
Former Baltimore teacher to lead strategic port
Former Baltimore teacher and current Annandale, Va., resident Stephen T. Maloney officially assumed command of US Customs and Border Protection’s (CBP) Baltimore field office during a time-honoured ceremony in Baltimore. Maloney most recently served as the director of CBP’s... plus
Eco-friendly trucks for urban deliveries
Deutsche Post DHL Group (DPDHL) is stepping up its transition to heavy-duty electric trucks by deploying 44 new electric Volvo trucks on routes in Europe. The planned order includes 40 Volvo FE and Volvo FL electric trucks, which will be used for parcel deliveries in city... plus