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
West P&I to acquire stake in Nordic Marine Insurance
The West of England P&I Club intends to acquire a significant stake in specialist marine insurance provider Nordic Marine Insurance (NMI). Founded in 2012 and based in Stockholm, NMI is a provider of specialist marine products for ship owners and charterers; its services... more
KPI Bridge Oil acquires Ocean Connect
The Danish KPI Bridge Oil, a global trader and broker in marine fuels and marine lubricants, will acquire the online bunker platform Ocean Connect Marine, hitherto belonging to Glencore. Subject to regulatory approval, the two companies will merge to form a new brand and... more
LIS inaugurates new office building
Logistische Informationssysteme (LIS) has inaugurated its new office building, the third on this site, in Greven (North Rhine-Westphalia, Germany). From now on, around 40 programmers and developers will be working in the 1,200 sqm building. With the new building, the... more
“Curiosity of the Day” 
Every hour, the universe expands over a billion kilometres in all directions. more
Pallet services forge ahead
Cranleigh Distribution Services, part of Pall-Ex in UK, has acquired the goodwill of the UK Pallet operation from Cranleigh Freight Services. The new business will share premises with the founder-member at Dunsfold Park. Cranleigh Freight Services was established in 1977... more
An Italian pioneer
Biological LNG is the environment-friendly continuation of LNG, so to speak, and can compete with diesel fuel. The Codognotto Group and San Marco Petroli Distribuzione are planning to start operations of the first biological LNG station in Italy this year. more
Another rail motorway in France to open by 2021
As hauliers and transport operators seek ways to reduce greenhouse gas emissions and other pollutants, Brittany Ferries has outlined plans for an intermodal transport service for unaccompanied goods-trailers, on the rail network along the French-Atlantic coast. The company... more
Austrian freight trains become “smart”
The Rail Cargo Group (RCG) has started the “SmartCargo” project in cooperation with A1 and A1 Digital to equip its wagons with special telematics. By the end of 2020, RCG freight wagons will have position detection, motion sensors and shock detection. With the additional... more