EUR 300 million more liquidity for Swissport 
A group of senior secured creditors has committed to provide EUR 300 million of interim liquidity to support operations while the restructuring process is being completed. The agreement "in principle" on a comprehensive restructuring includes significant deleveraging... more
VGP plans business park in Romania
VGP, a Belgian developer, manager and owner of high-quality logistics and semi-industrial real estate, has announced plans for a new real estate development in the west of Romania. First deliveries in VGP Park Arad are scheduled as of 2021. The new plot secured by VGP... more
Savannah hub to connect to US class I railways
In the USA, Omnitrax is launching its rail-ready sites programme at Savannah Gateway Industrial Hub in coordination with the Effingham County industrial development authority. The American transport company is in the process of constructing an industrial switcher to connect... more
Pall-Ex wins ERS award
Pall-Ex has won the coveted Silver Employer Recognition Scheme (ERS) award from the ministry of defence for its support of the Armed Forces community. The logistics company has actively supported ex-military personnel by providing jobs and training since signing the Armed... more
Champ partners with Google Cloud
Champ Cargosystems has selected Google Cloud to provide an API platform and developer self-service portal option to all its SaaS customers. Google Cloud’s Apigee API management portal allows Champ and its customers to connect to a variety of backend systems, including in-house... more
IGPS appoints Rob Ferrentino as CFO
IGPS Logistics, a provider of innovative supply chain solutions featuring lightweight, recyclable shipping pallets, has appointed Rob Ferrentino as CFO. He brings more than 28 years' leadership experience to the role. Most recently he served as CFO at Q1, a major logistics... more
Freight rail line duplication fast-tracked
New detailed plans for two freight rail projects in New South Wales (Australia) have been approved by the NSW government. The current single freight rail track between Mascot and Botany will be duplicated and a new passing loop will be added to the freight line between... more
"Curiosity of the Day" 
The Amazon is not the longest river in the world but it carries four times as much water into the Atlantic as any other river. more
Is reefer cargo going to take the lead?
The London-based maritime consultancy considers that seaborne perishable cargo will weather the Covid-19 induced economic storm better than the dry cargo trade. Worldwide seaborne reefer trade recorded growth of just 1.7% in 2019 to 130.5 million t, its weakest rate of growth... more
Tosca has acquires Contraload
Tosca, a provider of reusable packaging and supply chain solutions, has finalised the acquisition of Contraload NV, a company that specialises in plastic pallet pooling services in the United Kingdom and European Union. The takeover enables Tosca to service supply chains end... more