UPS sells 3PL unit 
UPS is selling its 3PL business unit Coyote Logistics to RXO, a North Carolina-based freight forwarder. The transaction has been agreed on for USD 1.025 billion. The sale will help UPS to focus more on expanding its portfolio as a small package provider in future. Coyote... more
Lagermax: runner-up for 2024's export prize
The Lagermax Lagerhaus und Speditions AG has won the prestigious silver award in the transport and logistics category of the Export Award 2024 for special achievements in international value creation. The prize was awarded by Aussenwirtschaft Austria, a unit of Austria’s federal... more
Sustainability milestone for HGK Shipping
HGK Shipping recently launched its newest dry cargo vessel, "Helios," in Düsseldorf (Germany). Serving ADM, a global food and agriculture company, the ship features the world's largest solar panel array on an inland vessel. The "Helios" includes low-water... more
Powerful e-truck charging network ready to go
Citywatt, a German service provider for electric mobility, is opening up its charging network to electric lorries. This will ensure more e-mobility for heavy goods vehicles at more than 50 charging park locations in Germany. The charging parks with more than ten HPC charging... more
KN for French fashion
Kuehne + Nagel (KN) is establishing a distribution hub in Piscataway, New Jersey, which will be used for the French fashion brand Sézane’s e-commerce operations. Founded in 2013 in Paris, Sézane has since grown its brand and is now looking to expand its network in the USA.... more
First ever director for Vietnam
Trade Tech, a global logistics platform, has named Lana Le as its first ever director for Vietnam, effective immediately. With nearly 15 years of experience in the supply chain industry, Le will oversee the expansion and management of the platform’s regional sales and customer... more
New route to connect Asia with Southeast India
MSC has launched a new weekly service, “Osprey” to connect Asia and Southeast India. Starting on 23 July with the vessel “MSC Somya”, service aims to enhance transit times and connectivity between these regions, benefiting importers and exporters. Osprey complements MSC’s... more
Freightliner invests in digital signalling
The UK rail operator Freightliner will retrofit European Train Control System (ETCS) equipment to its first Class 66V locomotive, number 66591. The in-cab signalling, which will be installed in partnership with Siemens Mobility, will improve the network’s reliability to support... more
Trans-o-flex's Tapa triumph
Trans-o-flex’s entire “ThermoMed Austria” (TMA) network has now been certified with the FSR-C 2023 standard, ensuring the safety of its temperature-controlled operations. The logistics provider has received a Tapa certification for its newly opened branch in Lebring, Austria,... more
