Europe

Proposed loan may run afoul of EC rules on state aid

Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.

CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.

Italian state railway balks at government’s failure to agree a deal

French freight matching startup FretLink has introduced new carrier-centric features in collaboration with equipment provider TIP and fuel card player UTA.

Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.

Continental AG is looking to rapidly restructure its workforce and phase out production plants to catch up with new-age mobility options like electric and connected vehicles.

U.K.-based yacht builder Sunseeker is in advanced negotiations with DHL Supply Chain to help with its logistics operations.

Atlantia charges that conditions for investment not met

Shippers believe container line consortia are anti-competitive and lack transparency.

The European Commission believes that container shipping lines need consortia to make “operations more financially viable and efficient.”

U.K. airport seeks to become Heathrow alternative

Tata Steel is suffering from declining steel demand in Europe, brought about by an economic slowdown and uncertainties revolving the U.K. general elections and Brexit.

The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.

The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.

With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.

Global logistician Agility has reported an increase in its third quarter revenues and a surge in net profit. However, cargo volumes fell. The company boosted its finances through higher yields and a strong contribution from its infrastructure businesses.

U.S. carrier remains firm with 10% offer

Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.

The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.

Major trade partners of the EU have complained to the World Trade Organization about the problems with splitting tariff rate quotas between the U.K. and the EU post-Brexit.

Focus on profitability over market share bears fruit for Danish container shipping giant.

CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.

In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.

Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.

Airline and union reach truce

Latvian airport to double cargo handling capacity

John Lewis will now use carbon-neutral renewable biomethane to power hundreds of its delivery trucks by 2021.

Initiative includes boosting air cargo revenue

Low-cost carrier fended off rivals IAG, Wizz Air and Virgin Atlantic

Carrier moved 27 temperature-controlled containers on single flight

London-based logistics startup tailored to ease e-commerce returns.

Uncertainty around trade wars and Brexit have been the biggest drags on air cargo markets this year, but Steven Polmans is an optimist.

A year after announcing a range of e-trucks for the U.S. market, Volvo Trucks has started selling all-electric models in Europe.

Air cargo shipments may be delayed

Hamburg Airport has joined a roster of European airports adopting digitalization of cargo handling

Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?

Acquisition strengthens IAG’s position in South American market

Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.

Saudi Aramco, believed to be the world’s largest integrated oil and gas company, has announced it will undergo an IPO on the Saudi Arabian stock exchange.

Commerce secretary says talks on foreign automaker investment in the U.S. may again delay imposition of tariffs on imported vehicles.

Royal Schiphol Group may acquire controlling interest in Cargonaut

ItsMyCargo is a German technology startup that is looking to sell software to traditional maritime freight forwarders who can use technology to compete against recently launched digital freight forwarders.

The challenges facing the Danish logistics giant as it integrates Panalpina were evident in its first quarterly results since the $5 billion acquisition.

Warehouse robotics market expanding quickly

“This is a smart move by both Fiat Chrysler and PSA to ensure their companies continue to be viable and relevant as the industry evolves.”

Cargo revenue down for 3Q and nine months

Ben Thrower writes about the importance of American agriculture – not just to the U.S. population, but to the country’s trade negotiations.

Results mainly driven by higher deliveries, a favorable mix and foreign exchange rate development

Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.

French freight technology startup Everoad has forged a strategic partnership with French mass-retailer Groupe Casino to help digitalize its supply chain.

World’s largest shipping line teams up with major customers in test of carbon-neutral fuel.

InstaFreight is a digital forwarding company that enables seamless logistics and provides shippers with greater visibility into road freight movement.

CEVA Logistics, the third-party logistics subsidiary purchased by the French shipping giant in April, will cross-sell and share warehousing with Wing.

Read what Ted Stevens Anchorage International Airport is doing to stay relevant and its importance to U.S.-international trade.

The U.K. was scheduled to leave the EU on October 31, but now has until January 31, 2020 to get a deal approved by Parliament.

Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.

Logistics investments are core assets for Norwegian oil fund

The world’s second-largest 3PL does not expect a rebound in air cargo markets until the second half of 2020.

Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.

Container ship lessor says charter rates on larger vessels is improving as supply falls.

U.K. police are investigating whether human trafficking gangs were behind the deaths after 25-year old driver is arrested on suspicion of murder.

Tie-up offers more options between Europe and China

The need for dual-hub European logistics systems as Brexit looms is one reason the Hong Kong-based supply chain specialist is building a new hub.

The world’s second-largest third-party logistics provider reports sea and land transport Q3 performance gains but confirms air freight market decline.

Better fuel prices, capacity and cost management help push up results for worlds largest ocean carrier.

France-based carrier says its new Shipfin Trade Finance products will be made available in Europe and the U.S. next year.

Nearly all maritime kidnappings and hostage-takings in the nine months to the end of September this year took place in or near the Gulf of Guinea, said global maritime piracy watchdog the International Maritime Bureau (IMB).

The last couple of days took a dramatic turn with U.S. short seller J Capital making explosive allegations that global logistics software behemoth, WiseTech – a A$9 billion (US$6.2 billion) company, has been seriously misleading investors. WiseTech has robustly denied these claims. In other news: CTI Logistics annual results; truck rest stops “desperately needed”.

Transported Asset Protection Association (TAPA) is looking to align its Parking Security Requirements (PSR) industry standard with the European Commission’s new truck safety at parking spots programme to quicken the pace of security offered for trucks at parking areas.

The Office of Foreign Assets Control on Oct. 17 extended the general license for Nynas AB that is 50% owned by Venezuela’s state-owned oil company, Petrόleos de Venezuela S.A.

The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.

Meal-kit delivery company HelloFresh leverages data from last-mile movement and consumer feedback to make its deliveries precise and error-free.

French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.

Continental has partnered with SAP to standardize its manufacturing processes and gain real-time visibility into floor operations.

Probable investors Atlantia and FS seek concessions

Cabin crew union in dispute over pay and pensions

IAG Cargo partners with Cargo Signal

Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.

To reduce labor turnover, businesses will have to understand the needs of their workforce and look to innovate and optimize activities in and around the warehouse vicinity.

Condor cargo operations will be business as usual

FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.

European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.

Maritime carriers are leaving up to US$110 on the table every time they carry a box, according to research from startup MizzenIT. And that means ocean carriers could be missing out on hundreds of millions of dollars a year simply by not charging the right price.

British Airways parent commits to ambitious emissions reduction goal

Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.

An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.

Business plan is murky for reincarnated carrier

Medical marijuana firm AMP will be pursuing a European Union Good Manufacturing Procedure (EU-GMP) audit to ensure quality and integrity of its pharma goods from the supplier to the German patient.

Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.

Facility marks initial phase of ambitious plan to double capacity

European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues

Deutsche Post-owned EV major StreetScooter has announced plans to expand to the U.S. market, commencing pilot tests early next year with DHL Express.

Körber Logistics, the investment and logistics arm of tech conglomerate Körber of Hamburg, Germany, has acquired a majority stake in the warehouse autonomous logistics robot installer and consultancy Cohesio.

Deal is clone of Airbus-Bombardier tie-up

The Chinese city of Yiwu has announced a new freight train route to Belgium’s Liege, with trains expected to finish the journey in about 20 days.

Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.

Drewry expects service levels to be cut by lines if shippers prove unwilling to foot the bill for mandatory low-sulfur fuels.

The Motley Fool discovers last-mile logistics. IMO 2020 will impact logistics warehousing footprint, JLL says

Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security to its users.