March 2025

Militzer & Münch opens in Taiwan

Militzer & Münch has set up a new country unit in Taiwan. M&M Militzer & Münch Taiwan opened its doors in February and is led by Igor Zarenko, a German national with more than 25 years of logistics experience in Asia. M&M has expanded its presence in the Far East and on the Indian subcontinent including China, Malaysia, New Zealand, Sri Lanka, Vietnam, Indonesia, Mongolia and India. The Taiwan Institute ... [+]

Lufthansa Cargo revenue jumps 10%

Lufthansa Cargo said significantly improved its business results in 2024 compared to the previous year. Revenue increased by 10% to €3.26 billion and adjusted EBIT rose by 15% to €251 million. Available freight capacity also expanded 9% in 2024 to 13.7 billion freight tonne-kilometers, sales increased by 14% to 8.5 ... [+]

Toga expands UK team

Ireland-based Toga Freight is expanding its team in the UK. Heading up commercial operations is Paul Mountford, who took on the role of commercial director in October 2024, overseeing operations and sales for both Toga UK and Irish Sea Logistics (ISL). Keira Lee joined Toga Freight and ISL in December 2024 ... [+]

Cold Chain Technologies buys Global Cold Chain Solutions

Thermal packaging and digital monitoring company Cold Chain Technologies (CCT) has acquired Global Cold Chain Solutions, a provider of passive cold chain solutions primarily in Australia and India, for an undisclosed sum. GCCS designs and manufactures thermal assurance solutions for life sciences applications at sites across Australia and India. It is ... [+]

Joint venture opens first truck charging site in Immingham

Milence, a joint venture between Daimler Truck, Traton Group, and Volvo Group has opened its first charging hub in the UK at Able Humber Port, Immingham. It says that currently, the UK’s charging infrastructure for electric trucks is limited, with few public charge points that cater for larger vehicles. Phase one of ... [+]

Britain welcomes world’s first dual-fuelled ammonia-powered ship

The UK world’s first dual-fuelled ammonia-powered vessel made a tour of British ports in early March. The Singapore-flagged vessel Fortescue Green Pioneer arrived in Southampton to demonstrate the viability of ammonia as a sustainable, zero-emission marine fuel. The vessel is the first of its kind, powered by a four-stroke engine, two ... [+]

Not just any old Iron

The CMA CGM Iron, the first in a series of 12 first dual-fuel methanol 13,000TEU container vessels being introduced by the French-based shipping and logistics group, made its maiden call in Singapore on 4 March. She will join the CIMEX1 service between Asia and the Middle East Gulf. The remaining ships ... [+]

Hutchison to sell Felixstowe and worldwide ports to MSC consortium

A consortium comprising shipping line MSC’s Terminal Investment Limited (Til) arm and US investment fund BlackRock-TiL is to acquire an 80% stake in a clutch of 43 ports worldwide from Hong Kong’s CK Hutchison, including Felixstowe, the UK’s main container hub. The $22.8 billion deal includes ports and terminals in ... [+]

Chapman Freeborn sees female surge

UK-based broker  Chapman Freeborn saw a 48% increase in the number of women employed in management positions over the last year, in addition to a 9% increase in the number of women in the business as a whole. It grew its total headcount by 3% overall.  Senior UK human resources business partner, ... [+]

EU mulls simpler green scheme

Changes to the EU’s Carbon Border Adjustment Mechanism (CBAM) are in prospect, says the British International Freight Association (BIFA) in an episode of BIFAlink TV (EU CBAM: Will It Be Simplified?) CBAM will from 2026 require importers to report and pay a charge for carbon-intensive goods from overseas in an attempt ... [+]

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