Uneasy times for XPO Logistics 
Greenwich (USA)-headquartered XPO Logistics has reported for the full year 2020. The company generated revenues of USD 16.25 billion, a slight loss compared to the USD 16.65 billion in 2019 (-2,5%). Operating income went down significantly to USD 391 million from USD 821 in... more
Masks to Graz
The demand for high-quality medical products - currently mainly FFP2 masks and rapid antigen tests - continues to grow significantly throughout Europe due to the new regulations. To meet this demand, the Diwa Medical Group, in cooperation with Belenos and Quehenberger... more
Obligatory registration in Hungary
Since 8 February, all goods transport operators carrying out services to, from, through and in Hungary must register the company and its operations in the Bireg system. However, companies operating exclusively under EU community licence will not have to register, except... more
Michelin banks on wind transport
Michelin recently signed a transport commitment with Neoline as a test initiative to help decarbonise the group's logistics operations. The commitment concerns the trans-Atlantic trade on cargo ships with tyres loaded in containers from Halifax (Canada) to Saint-Nazaire -... more
Scallog goes Brazil
Scallog, a supplier of logistics robots based in France, has formed a commercial partnership with the Brazilian company Cubicc, an integrator in picking and packing solutions. Cubicc will market Scallog’s goods-to-person robotic solutions in Brazil and more widely in South... more
Expensive Russian Freighter
After the Tu-154, the last of this type of trijet in operation, the east Siberian airline Alrosa has withdrawn another iconic Russian-made aircraft from service. This time it was the freighter IL-76TD. The company told the national media that the withdrawal was due to the... more
Safe journey to Finland
Finnish State Railways (VR) fleet has received two additional locomotives. On behalf of Trans-Trading Hamburg, the Lübeck Port Company (LHG) recently converted two Vectron locomotives numbers 35 + 36, each weighing 90 t and measuring at 19.04 x 3.05 x 4.44 m. The deal covers a... more
To Paris on Fridays
Worldwide Flight Services (WFS) has signed partnerships with trucking companies to offer a fleet of temperature-controlled GDP-certified Pharma trucks to support the sustainable cold chain requirements of its airline clients moving shipments from the French provinces to Paris... more
Handling 1 million teu
A new intermodal terminal in Fényeslitke, Hungary, is set to become one of the largest and most modern terminals in Europe. Its innovative crane technology comes from Kuenz, the specialist for intermodal container cranes. East-West Intermodal Logistics has 1,250,000 sqm of... more
Hapag Lloyd turns mega
It’s no mean feat: carrier Hapag-Lloyd is breaking new ground in financing by securing USD 889 million in loans for its next projects. The Hamburg-based shipping company was able to conclude two debut transactions according to the Green Loan Principles of the Loan Market... more