Deutsche Bahn, Germany’s state-owned railway, is pressing ahead with plans to list its DB Schenker logistics unit on the stock market.
02 Sep 2015
By snapping up the remaining shares of Van Dieren Sweden, multimodal logistics operator Samskip aims to strengthen its European intermodal rail links and gain business from shippers.
01 Sep 2015
Menlo Logistics will open a new logistics center in Eindhoven, the Netherlands, early next year, as growing e-commerce sales, both domestic and cross-border, are forcing changes in European supply chains and logistics networks.
18 Aug 2015
The Port of Hamburg handled 6.8 percent fewer containers in the first half of 2015 than a year ago, as sharply lower Russian and Chinese traffic hampered the German port's goal to become the No. 2 container gateway in North Europe.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.
17 Jul 2015
There was plenty of “no comment” but no outright denials following reports that Singapore’s Neptune Orient Lines (NOL) was up for sale, suggesting that the carrier could very much be on the block.
08 Jul 2015
One of the world’s largest air cargo handler Worldwide Flight Services has announced plans to acquire a majority stake in the German Fraport Cargo Services, further expanding its reach into the European market.
07 Jul 2015
HHLA, Hamburg’s largest container stevedore, forecast a “moderate” decline in traffic in 2015 but stuck to its earnings forecast thanks to increased intermodal volumes.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
13 Jun 2015
The worldwide rally in containership charter rates may have lost most of its steam, but not for those with the right ships in the right regions, which right now would be the Atlantic.
10 Jun 2015
Cargo theft more than doubled in the United Kingdom in the first quarter and rose 17 percent in the Netherlands, Europe's biggest container hub, according to data released by the Transported Asset Protection Association. The problem, however, is global.