Ecology-driven loans for newbuilds 

On behalf of Grimaldi Euromed, a Grimaldi Group company specialising in the transport of rolling cargo in Europe and the motorways of the sea, the Turin-based bank Intesa Sanpaolo has concluded two loans for EUR 70 million. The loans will finance the purchase of the new ships... plus
Avianca Cargo makes a first in the Americas 

Avianca Cargo has now met all the necessary requirements to receive the Ceiv Fresh certification from Iata. This certification, which was officially presented during an event at Avianca Cargo’s facilities in Miami, qualifies the carrier Colombian carrier as the first airline in... plus
European transport market beginning to relax 

H1/2022 was marked by a massive imbalance in the European transport market. But the situation began to ease in the third quarter, despite all the negative signs. Although the ratio of offered freight to offered cargo space was still above the 70:30 mark, the curve is levelling... plus
Biocair extends network to Cape Town and Durban 

In South Africa, pharmaceutical, biotech and life science logistics specialist Biocair has opened new offices in South Cape Town and Durban, in addition to its already existing facilities in Johannesburg. Four new team members and 110 sqm of office and storage space in Cape... plus
Kale Logistics among India’s top 1% 

Kale Logistics Solutions (Kale) has been ranked 28th in a survey of over 2,500 companies in the western region of India for best team culture. The tech company received the accolade following an in-depth evaluation by the employee healthcare platform Loop, which works with large... plus
Augmenting inter-American connections 

CMA CGM is launching two new services in November. An option called Brazex, and a dedicated service named Manaus Shuttle, will connect the US Gulf Coast, Latin America and the Caribbean, complementing the Brazex 1 and Brazex 2 rotations with two dedicated loops for southern and... plus
Ethiopian Airlines converts first B767 freighter 

Ethiopian Airlines Group has completed the first passenger to freighter conversion of one of its three B767 aircraft. Ethiopian partnered with Israel Aerospace Industries (IAI) and launched a B767-300ER freighter conversion line at Ethiopian MRO facilities in Addis Ababa.... plus
Large e-truck order from USA 

German e-mobility specialist Quantron has signed a framework agreement with TMP Logistics Group for an order of up to 500 Class 8 trucks with FCEV drive system. The vehicles, which will be operated via Quantron-as-a-Service (QaaS), are scheduled for delivery by 2024. There... plus
Huey, Dewey and Louie in Dubai 

DB Schenker has opened its third renewable-powered hub, DLC 3, in Dubai, following DLC 1 and DLC 2, which came on stream in 2016 and 2019, respectively. With the new facility, the group can now offer a total capacity of 200,000 Euro pallets in UAE. DLC 3 is a 35,000 sqm... plus
Smartlynx contracts Evionica 

Latvia-based operator Smartlynx Airlines is partnering with Evionica to provide weight and balance services for its fleet of Airbus A321 passenger-to-freighters (P2F), ensuring safe flights in Europe, Asia, and Africa. The first Smartlynx Airlines flights using Evionica’s... plus