Europe

Michael Behrendt, chairman of the executive board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Hapag-Lloyd headquarters in Hamburg after the signing.
16 Apr 2014
Hapag-Lloyd and CSAV signed a binding contract to complete a merger to create the world’s fourth-largest container line.
07 Apr 2014
Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand.
Valencia’s Port Container Terminal
07 Apr 2014
A consortium of Japan’s Mitsubishi Corp. and Kamigumi Co. has acquired a 25 percent stake in Spanish container terminal operator TCV Stevedoring Company S.A. (TCV), Mitsubishi said today.
07 Apr 2014
Gefco, the global auto logistics group, posted record revenue of €4 billion ($5.5 billion) in 2013 and said it plans to double sales by 2020 by spreading its geographical footprint and moving into new industrial sectors.
The SCFI for North Europe rose 2.3 percent in the week ending April 4.
04 Apr 2014
Spot container freight rates from Shanghai to northern Europe ports measured by the Shanghai Containerized Freight Index held on to gains achieved from April 1 general rate increases...
03 Apr 2014
CMA CGM plans to revise two service loops between North Europe and South America’s east coast as of mid-April.
On panel at right: CEO Frank Appel
03 Apr 2014
Deutsche Post forecast its operating profit will top €5 billion ($6.9 billion) by 2020, driven by double-digit growth at its core DHL logistics unit and an accelerating shift towards fast-growing emerging markets.
02 Apr 2014
Global air freight traffic grew 2.9 percent in February from a year ago, extending and strengthening the recovery that began in the second half of 2013, the International Air Transport Association reported.
02 Apr 2014
Maersk Group signed an agreement with China Shipping paving the way for negotiations on further collaboration on new container terminal projects and the establishment of joint ventures with its port arm, APM Terminals.
01 Apr 2014
Logistics firm DHL has signed a new agreement to provide rail freight services between China and Europe via a strategic partnership with United Transport and Logistics Company, a joint venture between OJSC Russian Railways, JSC National Company Kazakhstan Temir Zholy and state-owned Belarusian Railway.
Hamburg Süd container in Brazil
01 Apr 2014
Hamburg Süd’s revenue declined 3.9 percent in 2013 on subdued demand in its key South American market, falling freight rates and a weaker US dollar.

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