Hamburg’s container carrier Hapag-Lloyd has reported a drop of revenues with 16% in sales resulting a in operation profit of only $ 123 or a 56% decline year-on-year. The German [...]
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The German government has recently decided that toll for trucks (LKW Maut) in Germany will be extended to all main roads as from mid-2018. This measure should compensate for nearly [...]
The European consortium FashionPartner, previously DHL Fashion and specialised in the logistics and distribution of boxed and hanging fashion articles, was officially purchased at the city of Meaux's trade [...]
In the first quarter of 2016 the IAG Cargo’s volumes were down up to 1.8% while the yields dropped at a percentage of 6.9. IAG stated they listed €20 [...]
The OMA Group (omagroup-wa.com) is pleased to announce the recent completion of an amicable management buy-out of its business interests in full. The MBO provides the OMA Group with [...]
CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line have signed a memorandum of understanding to form a new container alliance reflecting to the existing shipping [...]
1.48 million teu’s of container vessels capacity are recorded to be “idle” representing more than 300 container ships being anchored around the globe today. This capacity is the equivalent [...]
Thirty three owners of container vessels chartered to shipping line Hyundai Merchant Marine (HMM) headquartered in South Korea, have again rejected the company’s plea to cut daily vessel hire costs. [...]
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in freight tonne kilometers or FTKs) suffered a 5.6% fall in [...]
Geneva - The International Air Transport Association (IATA) released a study projecting a one million job and EUR245 billion boost to European prosperity in 2035 from airspace modernization. Europe [...]