DFDS acquires road haulier 
Danish ferry operator DFDS is taking over the Northern Irish company McBurney Transport. The transaction price for the Ballymena-based company was just below GBP 140 million (USD 168 million). McBurney Transport is one of region's largest haulage firms, with about 800... more
Shanghai still ahead in 2022
In terms of throughput, Shanghai is again ahead of Singapore in 2022. Despite the pandemic shutdowns, the Shanghai International Port Group (SIGP) handled more than 47.3 million teu last year. While container volumes were volatile in Q2/2022, July set a new monthly high with... more
New Indian Greenfield Airport in 2023
Airports Authority of India is currently building the New Greenfield Airport in Rajkot, the fourth largest city in the state of Gujarat, to serve a growing population and manage the increasing flow of air traffic in this region. The new airport, spread over 1,025 hectares,... more
Changes at Bamboo Airways
Bamboo Airways has appointed Pham Dang Thanh (right) as deputy general director. Graduating from the Kiev Institute of Civil Aviation Engineers (former Soviet Union), he has held many senior positions at prestigious aviation organisations and units such as Vietnam Airlines... more
Expanding portfolio for silo transports by road
The Rhenus Group acquired the silo transport company, Nederlandse Transport Maatschappij (NTM), at the turn of the year. With this takeover, the international logistics specialist is expanding its expertise in silo transports for free-flowing and powdery goods. Headquartered... more
In its fifth year in Hungary
The Hungarian branch of the Palletways network has grown significantly since its foundation four years ago. It now cooperates with 14 local transport companies, i.e. 30% more than when it first entered the market. To date, the now 110-strong team has handled more than 550,000... more
MOL procures loan for sustainability
The Japanese carrier MOL recently made use of another transition-linked loan with Sumitomo Mitsui Banking Corporation. This is Japan’s first global commitment line agreement using this kind of loan. It is a financial instrument designed to assist companies that are taking action... more
David Azra to head Kribi Conteneurs Terminal
Following a 15-year career in Bolloré Transport & Logistics subsidiaries in Africa, David Azra took over as managing director of Kribi Conteneurs Terminal, operator of the container terminal at the Autonomous Port of Kribi, on 12 December 2022. He succeeds Eric Lavenu who... more
Boeing: commercial orders and deliveries in 2022
Boeing reported 774 commercial orders last year after cancellations and conversions, including 561 orders for the 737 family and 213 orders for the company's twin-aisle airplanes. Boeing delivered 69 commercial jets in December, including 53 737 MAX, bringing total deliveries... more
Two more Caspian countries join e-CMR
Azerbaijan and Turkmenistan, two countries at the heart of east-west and north-south trade routes, have acceded to the e-CMR protocol, committing to fully paperless goods transport. By eliminating paperwork, e-CMR lowers handling costs, eliminates administrative and... more