Two more joint ventures in Africa 
In Africa, new joint ventures in Egypt and Ethiopia have been concluded involving a major European player. In Egypt, IBA Freight Services, headquartered in Cairo close to the city’s international airport, has sold a majority stake to Ceva Logistics, its partner company for the... more
"Curiosity of the Day" 
Of the 781,000 babies that were born in Germany in 2019, around 29,000 were multiples. Therefore, every 27th new born baby was a multiple. more
The hour of truth
On 1 December 2020, US Customs and Border Protection (CBP) officers in Louisville halted four shipments, all from the same shipper in Hong Kong and headed to Salt Lake City, UT, that each contained 320 counterfeit Rolex watches. The watches were reviewed by an import specialist... more
Banking on e-commerce
Elliott Rodgers has been elected to the board of directors of Levi Strauss & Co. He has more than a decade of experience in the retail industry. Stephen C. Neal, chair of the board: "Rodgers has deep knowledge of ecommerce, digital transformations and how to drive... more
Share sale raises almost USD 100 million
For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million) from the sale of 40 million common shares of the... more
Grangemouth enhances rail facility
The Scottish port of Grangemouth is extending its railfreight offering to cement its position as the key strategic freight and export/import hub for Scotland. The GBP 3 million (EUR 3.3 million) investment will significantly scale up and modernise the port’s current rail... more
Medical contract for British player
Current Health, a provider of wearable healthcare devices and machine learning, aims to improve the delivery of patient care, deterioration prediction and research initiatives. To this end, the company has contracted Seko Logistics to enhance its global supply chain. Current... more
Paycargo augments senior management team
Online freight payment platform Paycargo has appointed two new vice presidents to its senior management team. Marta E. Ramirez, who brings over 25 years of experience in the logistics industry, including roles at American Airlines, DHL, Iata, Geodis, and most recently DB... more
From northern Italy to Sweden in 48 hours
Kombiverkehr intends to increase the range of combined transport services on the important north-south corridor between Scandinavia, Finland, the Baltic states and Italy by launching an additional block train product. Starting on 1 February 2021, a new direct train will run... more
Canaryfly opts for full-freighter
The Spanish airline Canaryfly is expanding its fleet, which was only made up of passenger aircraft until now. Today, 15 December 2020, the company put its first full-freighter into operation.The unit, converted from an ATR 72-500, has a maximum cargo capacity of almost 9 t. It... more