US contract logistics player turns French 
French major player Geodis has acquired 100% of the shares of the US-American "Need It Now Delivers" from the private equity fund Palm Beach Capital and further stakeholders. The contract logistics company, founded in 1987, has built up a road freight network... more
From helicopters to full freighters
The Russian Helix Airlines, which has been operating charter flights only with helicopters since 1994, has acquired four Ilyushin Il-76s and wants to expand internationally with the new aircraft. "We are preparing to enter the international air cargo market," chief... more
15 times larger in one fell swoop
Patriot Rail has entered into an agreement to acquire Denver-based Pioneer Lines, a railroad holding company that operates 15 short line railroads across 12 US states, from BRX Transportation Holdings. The acquisition, subject to regulatory authorisation, will support... more
Combi Lift takes Jens Siedentopf on board
Bremen-based project forwarder Combi Lift, a subsidiary of the Harren & Partner Group, has gained reinforcements. Jens Siedentopf, previously head of breakbulk and projects at the Dutch shipping company Samskip, joined Combi Lift as general manager in August. In his new... more
Newest Cargo iQ software for Cathay Pacific
Cathay Pacific Cargo in Hong Kong has implemented Cargo iQ’s newest freight planning and monitoring milestones, Freight into Warehouse control (FIW) and Freight out of Warehouse control (FOW), to enhance the visibility of the cargo during warehouse and ramp handling operations.... more
"Curiosity of the Day" 
Scientists suspect that humans have a sixth and seventh sense of taste for fatty and metallic things. more
100% Peru
Hellmann Worldwide Logistics now holds all the shares in the Peruvian joint venture Hellmann Worldwide Logistics S.A.C, after Carlos Augusto Dammert, president of the board, decided to sell his stake of 50%. The company will now be fully integrated into Hellmann's global... more
Moving forward to zero-emission drive
Dachser is planning to put two hydrogen fuel-cell (FCEV) trucks into service in Germany in 2023. The forwarder will put a 27 t Hyundai Xcient truck on the road in Magdeburg and Berlin and a 19 t Enginius Bluepower in Hamburg. The Hyundai Xcient truck, which has a total... more
EFL Global celebrates 40th anniversary
Hanif Yusoof founded Expolanka Freight as a five-man team in a 27.9 sqm office in 1982. Commonly referred to as “Expo,” the Sri Lanka-based company aligned itself with global providers by offering flexible solutions with a personal touch. 40 years later, the supply chain and... more
ZIM: best half-year results so far
The shipping group ZIM has published its consolidated results for Q2/2022. Volumes carried went down by 7% year-on-year to 856,000 teu (Q2/2021: 921,000 teu). H1/2020 saw 1.72 million teu handled compared to 1.74 million in H1/2021. The average freight rate per teu over the... more