Flash Europe expands to Bulgaria 
Flash Europe is entering the Bulgarian market with its franchise partner Cargo Sped. Georgi Tsvetkov, owner of Cargo Sped Bulgaria, has invested in the master franchise licence and in two – out of a total of five – regional franchise licences in Bulgaria. These two regional... more
Corona likely to have a costly impact on Chinese ports
The maritime data provider Alphaliner has published its estimates with regard to the effects of the extended Chinese Lunar New Year holidays and the countermeasures to contain the spread of the coronavirus. According to these figures, the epidemic will reduce... more
Heyworld implements Champ solution
Heyworld has implemented Champ's "Traxon cargoHUB" for its digital data exchange, a platform featuring one of the largest air cargo communities, with electronic access to over 100 airlines and 3,000 forwarders, operating from 9,000 branches worldwide. The new... more
Testing solar panels on trailers
The Germany-headquartered Nagel-Group has started to test the use of solar panels on the tops of 20 new reefer trailers to generate a small amount of energy for telematics self-sufficiently. The panels use the solar energy of daylight to charge the battery of the refrigeration... more
Guadeloupe holds a steady course in 2019
The Caribbean Grand Maritime Port of Guadeloupe (GPMG) has reported its traffic figures for 2019, speaking of "encouraging results". After a record year in 2018, GPMG's freight traffic experienced a slight setback in 2019. The total volumes recorded a decrease of 4% in... more
Christos Spyrou joins Tiaca’s board of directors
Nominated at Tiaca’s most recent board meeting at the opening of the executive summit in Budapest, Christos Spyrou, CEO and founder of Neutral Air Partner (NAP), has joined the association's board of directors, which will next meet in Istanbul following the world cargo... more
Descartes acquires Peoplevox
Descartes Systems Group has acquired Peoplevox, a provider of cloud-based ecommerce warehouse management solutions. Headquartered in the UK, Peoplevox serves direct-to-consumer ecommerce customers around the world. Peoplevox’s web-based eWMS and ecommerce fulfilment... more
Turkish Cargo continues to buck the trend
According to the international air cargo information provider WACD's December data, Turkish Cargo, which serves 321 destinations (88 maindeck destinations) in 127 countries of the world, grew significantly in 2019 and reported a 7.1% increase in tonnage in a sector in which the... more
EU: CFR Marfa must now recover illegal aid
The European Commission has found that rail freight operator CFR Marfa received at least EUR 570 million incompatible state aid from Romania through a debt write-off and failure to collect debts from the company. Romania must now recover the illegal aid, plus interest, from CFR... more
Cargojet continues to rise
The Canadian air cargo carrier Cargojet has announced financial results for the fourth quarter and year ending 31 December 2019. Total revenues were CAD 486.6 million (EUR 340.4 million), an increase of CAD 31.7 million (EUR 22.2 million) or 7.0% versus the previous year.... more