Hapag Lloyd redeems its debts 
The Hamburg (Germany)-based carrier Hapag-Lloyd has decided to fully redeem the outstanding EUR 280 million in aggregate principal amount of its outstanding 6.75% senior note due 2022 on 24 June 2019 at a fixed redemption price of 103.375%. The redemption will be done... more
Recca going solo at Inproreal
The property consultancy specialist Inproreal has changed its top management. With effect from the end of May 2019, Samuel Recca became sole managing director. Julius Bickel, the company’s co-founder, requested to step down for personal reasons. His departure was by mutual... more
New contract celebrated in loco naming ceremony
In the UK, Freightliner, which is part of G&W, and the transport company ONE celebrated a key milestone in their relationship when they unveiled and named the repainted Freightliner locomotive 66587 in ONE’s corporate branding. The loco naming ceremony took place at... more
Deutsche Post and German Football Association renew contract
Deutsche Post and the German Football Association (DFB) have agreed to extend their partnership. The new agreement includes, among other events, the Women’s World Cup in France and the men’s 2020 European Championship. “Just like our company, football brings people together... more
Big Gecas order for small converted Boeing freighters
GE Capital Aviation Services (Gecas), the commercial aircraft leasing and financing arm of General Electric, signed an agreement with Boeing at the Paris Air Show exercising ten purchase rights to firm orders and adding 15 more purchase rights for the B737-800 Boeing Converted... more
More container capacities at Bristol Port
The capacity of Bristol Port’s container terminal (UK) has been significantly expanded by the completion of a GBP 9 million upgrade. The investment is a further commitment to the container services offered at Avonmouth and Portbury Docks. The geographical advantage of... more
Role switch at Avinor Oslo airport
Stine R. Westby, Avinor’s current executive vice-president for operations and infrastructure, has been appointed director of Oslo airport. The present airport director, Øyvind Hasaas, will take over responsibility for the operations and infrastructure sector. Avinor CEO, Dag... more
Fleet upgrade to improve intermodal services across USA
Roadrunner Intermodal Services in the USA has acquired over 60 new tractors for operations at U.S. ports and railway hubs. According to the company, the new equipment will help to increase safety, reduce breakdowns, improve fuel efficiency, provide a better driving experience... more
Bolloré Logistics teams up with J2 and Groupe Robert
Bolloré Logistics Canada has signed an agreement to form a consortium with J2 Procurement Management and Groupe Robert, which provides cargo handling, transport and warehousing services. The partnership between Bolloré and the companies specialising in the aeronautics and... more
Volumes shrink again at world's biggest airfreight hub
Airport Authority Hong Kong announced that during May 2019, Hong Kong International Airport (HKIA) cargo throughput decreased by 7.3% year on year to 405,000 t. Amid the uncertain global economic situation, cargo imports shrank by 9%, compared to May 2018, while exports and... more