Supply chain fraud alert 
Insurance provider TT Club has issued a warning to forwarders and logistics providers about supply chain credit fraud. Criminals target operators with the promise of lucrative contracts, often beginning with a small shipment paid on time before rapidly escalating to multiple... plus
DB Schenker opens major hub
DB Schenker has opened its largest overland transport facility in Germany, in Neunkirchen in the Saarland. It covers 76,000 m² and includes 119 gates and a 10,500 m² terminal, serving as a logistics hub for southwestern Germany, France and other European countries. As DB... plus
Investing millions in Europe and the Middle East
Dubai-based ground-handler Dnata has announced over USD 110 million in new investments, spotlighting major cargo facility launches at the Iata World Cargo Symposium in Dubai, which started today, 15 April. New centres are set to open this year in the UAE, Iraq and the... plus
Stonepeak completes acquisition of ATSG
Stonepeak has completed its USD 3.1 billion acquisition of the Air Transport Services Group (ATSG), which was announced in November 2024, making the global provider of freighter aircraft leasing a privately-held company. ATSG’s shares have ceased trading on Nasdaq, following... plus
Gundlach to drive Wow Logistics growth
Wow Logistics, a provider of temperature-controlled warehousing and supply-chain solutions, has appointed Steve Gundlach, a former president of UPS Global Logistics, as its new CEO to lead the company into its next growth phase. Gundlach brings over 30 years of global supply... plus
ÖBB reports stable 2024 results
ÖBB maintained stable operations in 2024, achieving earnings before taxes (ebt) of EUR 113.6 million, despite economic challenges and flood damage. Freight logistics faced pressure, with the Rail Cargo Group (RCG) reporting an ebt loss of EUR 24.5 million, due among other... plus
DHL launches pharma hub in Singapore
DHL Supply Chain has reported its launch of a new 8,200 sqm pharma hub in Singapore, to strengthen its life sciences and healthcare logistics capabilities in the Asia-Pacific region. The new facility is a part of the DHL Group’s EUR 500 million regional investment, and offers... plus
Deugro celebrating delivery and launch
Deugro, Siemens Gamesa and Amasus Offshore have celebrated two major milestones – namely the delivery of the newbuilding ‘Rotra Futura’, and the launch of its sistership, the ‘Rotra Horizon’. The ‘Rotra Futura’ was handed over at Zhenjiang Shipyards in China on 30 March,... plus
Weber Logistics appoints new CCO
Weber Logistics has appointed David Sosnowski as its chief commercial officer to lead strategy, sales and marketing, especially of the company’s US West Coast and North America expansion. With over 35 years of experience at companies like Emery Worldwide, STG Logistics,... plus
CMA CGM Air Cargo with AI-based load planning
CMA CGM Air Cargo has enhanced its global operations by introducing Champ Cargosystems’ AI-based ‘Cargospot Weight & Balance’ solution. The system allows loadmasters to create fuel-optimised, safe load plans within seconds through the ‘autoload’ feature, cutting manual... plus