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Reportedly, Deutsche Bahn will decide in autumn where to locate the new headquarters of the logistics unit. Currently there are three headquarters: Schenker (air, sea, and road transport) is based in Essen, DB Schenker Rail (former Railion) is based in Mainz, and the overhead is located at the group headquarters in Berlin. Reportedly, two locations are sho...
The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (SCI: VTG999) continued its stable performance in the first six months of 2009 despite the difficult market environment. Revenue, at EUR 287.3 million, dropped by only 3.7 percent compared with the figure for the previous year of EUR 298.3 million. Operating profit (EBITDA) fell ...
ProLogis, a provider of distribution facilities, announced today it will develop a new, 503,000-square-foot distribution facility in Scotland for a leading UK retailer. The existing ProLogis customer currently occupies more than 300,000 square feet at ProLogis Park Coventry in the West Midlands, UK. "ProLogis has recently refined its approach to developme...
In a study commissioned by the German transport ministry, Intraplan Consult estimates that cargo transport in Germany will decrease 12.7% in 2009, but forecasts an upturn for 2010. The decline in rail and inland shipping cargo in 2009 is estimated at 18% each, air freight 11.4% and road cargo 10.8%, Logistics Finland informs. Source: Transportweekly
Amsterdam Schiphol Airport recorded its highest volume figures in July month-on-month at eight per cent and its lowest monthly decline year on year, indicating a bottoming out in Europe. The major European hub tonnage grew but it was still down by 16.2 per cent compared to the corresponding period last year, the first seven months showed a decrease of 25....
Czech Airlines is carrying on in the acceleration of its 2009 Action Plan. The individual parts of the restructuring project were discussed by the Czech Airlines Supervisory Board on Monday. The Board unanimously adopted all of the proposed resolutions. The measures respond to the unfavourable situation in the aviation business, which is still not improving...
Etihad Crystal Cargo is preparing to launch a scheduled air freight service from the carrier's Abu Dhabi hub to the Iraqi capital of Baghdad. The new, twice-weekly, freighter service is scheduled to commence on September 1. The service will deploy a 42-tonne payload Airbus A300-600 freighter, said a report by London's International Freighting Weekly. ...
Agility announced the expansion of its services in Norway to include Air and Ocean freight. The new businesses supplement its successful Road freight platform that was established in July 2008. This marks another important milestone of Agility’s development in the European Nordics, following the acquisition of Oy O. Nyström & Co. AB in Finlan...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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