Changes at the helm at Cathay Cargo 
Effective 1 August 2023, general manager cargo commercial George Edmunds assumed a new position as CEO at Hong Kong Aero Engine Services (Haesl). He will be replaced by James Evans, a seasoned executive with extensive experience in the Cathay Group. In addition, Frosti Lau... more
ICTSI’s surging net income 
In H1/2023, International Container Terminal Services (ICTSI) achieved a 7% rise in net income to USD 313.8 million. Throughput grew by 9% to 6.28 million teu, mainly due to MNHPI’s contribution and trade improvement. Revenues increased by 10% to USD 1.16 billion, with... more
Sustainable warehouse in Wesel
Rhenus Warehousing Solutions recently celebrated the opening of a new business site at the Rhine/Lippe port of Wesel, Germany. Covering 86,000 sqm, the logistics building fulfils all the conditions for gaining Breeam Excellent certification. It is setting new standards in... more
Airstream wins exclusive contract
Airstream provides aircraft remarketing, sales, dry leasing, ACMI & financing solutions for the aviation industry. The company has been exclusively mandated to sell an ATR72-202 freighter, on behalf of Zimex Aviation Switzerland. This aircraft, built in 1995 and bearing... more
"Curiosity of the Day"
Richie Havens, who opened the Woodstock Festival 54 years ago today, was at the end of his repertoire after the seventh encore. So he began to improvise – where he created the song "Freedom", which became a big hit. more
TT Club: Ulrich Kranich passes the baton
The liability insurance provider to the international cargo and logistics industry has announced that Morten Engelstoft (right) is to take over as chairman of both Through Transport Mutual Insurance Association (Bermuda) (‘TTB’) and TT Club Mutual Insurance (UK) (‘TTI’) on the... more
Promising test results for e-trailer
In a first for Germany, logistics service provider DSV has tested the fuel consumption of an e-trailer from Trailer Dynamics under real conditions in direct comparison with a conventional trailer - both with a payload of 11 t. On the 360 km route from Krefeld to... more
Adani Ports setting sail
Adani Ports, a ports, terminals and logistics group based in India, has announced its results for the first quarter of its current financial year, which began on 1 April 2023. Net profit surged by around 83%, driven by a substantial rise in cargo volume and improved margins due... more
Lithuanians looking for drivers in Central Asia
To tackle the current shortage of professional drivers in the European Road transportation market, Girteka is collaborating with countries close to Europe, like Kazakhstan or Kyrgyzstan. Mindaugas Paulauskas, CEO of Girteka Transport: "A shortage of drivers has become a... more
Austrian law also impacts international traffic
The new transport clause of Austria’s Waste Management Act came into effect on 1 January 2023. Waste transports with a total weight of more than 10 t must be transported by rail if they are travelling over a distance of more than 300 km. The new procedure is working very... more