Less cargo theft in Mexico 
Intelligence company Sensitech recently published its annual cargo theft report for Mexico in 2020. In total, cargo theft in 2020 decreased by 9% in comparison to 2019, but its risk level remains severe. On a regional basis, the state of Mexico accounted for 34% of cargo theft... more
Air cargo demand: all time high in March
Yesterday, 4 May 2021, on the first day of this year's (virtual) Air Cargo Europe conference, Iata released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-Covid levels (March 2019) with an increase of 4.4%. In March,... more
Gefco 's air & sea wins in 2020
It is the pandemic paradox again. In 2020, Gefco experienced a 19.7% fall in revenues due to disruptions in customers’ businesses around the world, but maintained a 3.7% ebit margin, (4.3% in 2019). In total, Gefco's revenues in 2020 amounted to EUR 3.8 billion, a 19.7% decrease... more
One-stop-shop directly on site
VTG is restructuring its position in the Turkish market and bringing all business activities of VTG Rail Europe, VTG Rail Logistics and VTG Tanktainer under one roof at the group's subsidiary VTG Nakliyat. Sinemis Özden, managing director VTG Nakliyat, und Zoltán Potvorszki,... more
Thurner joins board
Tegernsee (Germany)-headquartered Loxxess , a specialist for industrial and trade logistics, has appointed Christina Thurner as equal member of the board, joining her brother Claus-Peter Amberger. Thurner will retain her mandates as member of the advisory boards of Loxxess... more
Fuelled by growing air cargo volumes
Samskip has established a dedicated air freight business, adding significant new options to a service portfolio that already includes rail, road, shortsea and inland waterway links in Europe and global cargo logistics solutions. "Samskip Air" has opened its doors... more
ONE takes great leap in 2020
In 2020, Singapore-headquartered Ocean Network Express (ONE) generated a turnover of USD 14.4 billion, which is a significant 21.3% above the level of FY/2019 (USD 11,9 billion). Profit saw a peak with USD 3.5 billion, a multiple of the profit in the previous year (USD 105... more
Faradair appoints Tinseth and Anderson
Faradair has hired Randy Tinseth and Tony Anderson “to help steer the company through its next phase of growth.” Headquartered at the Imperial War Museum Duxford’s historic Cambridgeshire airfield, Faradair continues to develop its bio-electric hybrid aircraft (Beha). Other... more
Caring for DHL Express' A330 engines
Rolls-Royce and DHL Express have signed a "total care" agreement for the Trent 700 engines that currently power the eight A330 freighter aircraft of the global logistics company. The agreement will also cover any Trent 700 engines that are added to the DHL fleet in the... more
TFI International digests UPS Freight
Montreal-headquartered TFI International has finally closed its previously announced acquisition of UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of US-player United Parcel Service. All regulatory authorities have given their green light.... more