Hapag-Lloyd to buy DAL's container liner business 
Taking the opportunity to increase its service portfolio, Hapag-Lloyd has signed a framework agreement with German carrier Deutsche Afrika-Linien (DAL) to acquire its container liner business. The completion of the transaction is subject to approval by the relevant antitrust... plus
Call for urgent action to cap fuel prices
Global oil prices, reaching their highest level since 2008 this week, are set to climb even higher amid continuing instability and sanctions related to the Ukraine crisis, the International Road Transport Union (IRU) anticipates. The organisation now calls for urgent... plus
Tiaca welcomes six new members
The trustees of the International Air Cargo Association (Tiaca) have elected six new members to serve on the board of directors. The new board members, all industry veterans from the airport, airline and handling sectors, are: Kai Domscheit, CEO of CHI Deutschland Cargo... plus
Diesel pricing in frenzy
According to data published by maritime intelligence provider Vessels Value, the price for diesel continues to rise. Since the outbreak of the war in Europe on 26 February 2022, the MR Atlantic Basket (an average of freight rates on key routes in the Atlantic Basin) climbed... plus
First flower forum at Air Cargo Americas
Fresh off the busy Valentine’s Day flower import peak season, Miami International Airport (MIA) and Brussels airport hosted the first-ever fresh and flowers forum on 9 March 2022 during the Air Cargo Americas/Supply Chain Americas Show Conference, where experts from both cargo... plus
Swiss Post continues transformation strategy
Swiss Post generated a group profit of CHF 457 million in 2021, 39% more than in 2020 (CHF 279 million). The pressure on the letter (-3%) and financial business remains unabated. Swiss Post will therefore continue to pursue its strategy to meet the needs of individual customers... plus
Belgrade joins intermodal network
Swiss intermodal operator Hupac has added another connection to its network in Europe. The new train links the Dry Port Terminal Pancevo in Belgrade (Serbia) with the WienCont terminal in Vienna (Austria). The shuttle service operates once a week and provides a seamless... plus
KF Aerospace leases a B737-400SF to Mesa Airlines
KF Aerospace has delivered its converted B737-400SF to USA-based air carrier Mesa Airlines. The aircraft had received a complete maintenance programme and passenger to freighter conversion at the KF Aerospace MRO in Kelowna, BC. The conversion included the installation of an... plus
CMA CGM making it big
CMA CGM has reported its audited results for 2021. Achieving almost USD 56 billion in revenues (+78% compared to 2020), the net income went up to USD 17.94 billion (almost tenfold, +910% compared to 2020). Containerised shipping was highly profitable, standing for a total of USD... plus
Röhlig Logistics chooses Claudia Drewes
Claudia Drewes assumed her new position as global programme director at the owner-managed logistics company Röhlig Logistics in Bremen on 1 March 2022. Currently, the focus is on implementing the Blue Star growth programme in cooperation with the global business units and... plus