Amber Road buys China's Easy Cargo 
Amber Road, a provider of global trade management software solutions, recently acquired Shanghai-based Easy Cargo, which develops such solutions for China's foreign trade regulations. Easy Cargo's cloud-based solutions cover a special area of foreign trade management: China... more
Rift Valley Railways reopens railway line to Uganda
Regional rail operator Rift Valley Railways (RVR) is set to change the transport and logistics landscape of East Africa after rebuilding and reopening the Tororo-Gulu-Pakwach railway line to northern Uganda, reported the local press. The 500 km railway track was last in... more
New bond for Hapag-Lloyd
Germany's container line Hapag-Lloyd has placed a bond with a volume of EUR 250 million with institutional investors. The five-year bond pays a coupon of 7.75% and was several times oversubscribed. The emission price was 100%. The proceeds of the bond will be used for general... more
New Impatex London airports account manager appointed
Impatex, a supplier of customs and freight forwarding software in the UK, has appointed Ali Ghaffar as its new area account manager for London airports. In his new role, Ghaffar will be head of sales for existing and potential Impatex customers in the London airports area. Most... more
Russian Railways investing in new railway bridge
Russian Railways is investing more than EUR 30 million by the end of 2013 in a new railway bridge spanning the River Don on the stretch between Morozov and Volgograd. Six of the ten pillars have already been put in place, 33 m of spans have been built on the foundations and... more
Virgin Atlantic cancels Accra service
The British airline Virgin Atlantic has cancelled its service to Accra, the capital of Ghana. The last flight of this five-weekly operation departed London Heathrow yesterday and will return from Accra today, 23 September. Exceptionally high fuel costs in Ghana, a challenging... more
DB Schenker Rail moves into Germany's biggest loco workshop
After three years of construction, DB Schenker Rail has moved into its new workshop for electrically-powered locomotives in Nuremberg (Germany). It is the biggest locomotive workshop operated by the cargo railway company in Germany. The company invested EUR 24 million in it. At... more
Unifeeder acquires United Feeder Services
The Unifeeder Group has announced that it has reached an agreement to acquire United Feeder Services (UFS). The two companies will offer a comprehensive feeder network in Europe, with a wide coverage of ports in both Northern Europe and the Mediterranean. Unifeeder and UFS will... more
New freight facility at Seychelles airport
Joel Morgan, the Seychelles' minister for home affairs and transport, last week formally unveiled a new cargo facility, which is part of the ongoing airport modernisation and expansion, to bring 21st century operating standards to the Seychelles' only international airport,... more
IDS hub celebrates tenth anniversary
Germany's general cargo cooperation IDS is celebrating the tenth anniversary of its main handling base in Neuenstein. The HUB came on stream in June 2003, handling 280 t by night; today this figure stands at more than 1,000 t at peak times. On average, 5% to 6% of all... more