Global Ports: less traffic, more revenues 
Russia’s main container terminal operator Global Port Investments (Global Ports) has reported its interim consolidated financial results (unaudited) for H1/2022. The group's revenues grew by 18.2% to USD 271.6 million compared to H1/2021, while gross profit increased by 28.8% to... more
Changes at the helm of TNW Corporation
TNW Corporation, a privately held operator of short line railroads and logistics centres in Texas, has promoted Bobby M. Franklin to vice president of transportation. He will now lead TNW’s strategic performance of the company’s suite of railroad holdings and oversee corporate... more
New system to levy road tolls in Switzerland
The Swiss federal council is planning to introduce an EETS-compatible procedure in Switzerland. To this end, the system for levying tolls/heavy goods vehicle tax (LSVA) must be technically upgraded and a legal basis for authorising service providers to record the kilometres... more
Deugro promotes Diana Kaufmann
Deugro has appointed Diana Kaufmann president Central Europe, global risk management and HR development. In addition to being responsible for Deugro in Germany and France, Deutsche Insurance Broker, the contract management division and Deugro’s global human resource... more
UPS orders eight more Boeing 767s
Boeing reports that UPS has ordered eight more 767 freighters, which will increase UPS’s 767 freighter fleet to 108 aircraft. "The additional 767s will help us continue to deliver what matters to UPS customers around the world. This is a very versatile aircraft that we... more
At the gates of Paris
Logistics Capital Partners (LCP) has just completed the acquisition of a brownfield area in the French city of Gennevilliers. Its plan is to develop a warehouse at the gates of Paris. The redevelopment of the site will begin in September for delivery of the facility in the... more
Maersk pulls out of Russia
A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) has decided to sell its shares in Global Ports Investments (GPI). Following the announcement of Maersk’s commitment to discontinue activities in Russia earlier this year, APMT has now entered into a... more
85 locomotives for cross-border operations
The French leasing company Akiem has ordered 65 Vectron AC and Vectron MS locomotives from Siemens Mobility. The ordered locomotives have a maximum power of 6.4 megawatts and can be delivered with a top speed of either 200 or 230 km/h. They can be used for cross-border... more
Rail operations provider selected for industrial park
Watco has been selected as the new rail operator of the Great Plains Industrial Park (GPIP) in Parsons, Kansas (USA). The transport company will begin its services on 1 January 2023. GPIP is served by Union Pacific Railroad and has more than 27.5 sqkm of property and 42 km... more
CCS-UK enhancement combats handling delays
CCS-UK has released a new version of its advance information system (AIS) module that enables freight forwarders and their transport providers to pre-book timed vehicle slots at on-airport (or any other) handling facilities. The new slot booking function can be run alongside... more