April 2013
Short-sea shipping line Unifeeder has been sold by Montagu Private Equity to another private equity investor, Nordic Capital Fund. The latter invests in large and medium-sized companies, mostly in the Nordic region. Montagu director Mads Hansen said that Unifeeder had performed “exceptionally well” since 2007 and had continuously grown its business, despite challenging market conditions. Nordic partner Lars Terney said Unifeeder had excellent expansion potential in both the feeder and ...
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Philippe Gilbert has been appointed regional director Europe West at DB Schenker Logistics. He previously headed the freight management division of the SNCF subsidiary Geodis Wilson in France. Karl Nutzinger, who was responsible for the Region Europe West on an interim basis, will concentrate on his responsibility as member of ...
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Global logistics player CEVA reported revenue growth of 4.8% for the year ending 31 December 2012 but its earnings were hit by the economic conditions. CEO Marvin Schlanger said there had been “a marked deterioration” in both its freight management and contract logistics businesses. “This simply isn’t good enough and ...
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says it will offer a full range of cargo services when it reinstates passenger flights from Colombo, Sri Lanka in mid-April after a 15-year absence. The new route, which includes a stopover in the Maldives, will be operated three times per week using a Boeing 777 aircraft.
Sri Lanka is an ...
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Panalpina CEO Monika Ribar is to step down at the end of May 2013 and will be succeeded by former Kuehne + Nagel management board member Peter Ulber. In late 2011, he set up the logistics consultancy, the Charleston Enterprise Group. Ribar, who in addition to her role as CEO ...
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Maersk Line says that it is moving ahead with the second phase of its tariff simplification programme - the simplification of local surcharges. It follows “positive customer feedback” from its move towards the end of 2012 to simplify ocean freight surcharges, under which basic ocean freight, declaration fees, carrier security ...
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Nippon Express has signed a memorandum of understanding with Panasonic Corporation to transfer a part of its shares in the latter's Panasonic Logistics wholly owned subsidiary. Nippon Express will set up a new company that will offer logistics platform in the electronics industry. The two companies aim to finalise an ...
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Tonnage on the tidal river Thames increased by more than a million tonnes in 2012, says the Port of London Authority. The 3.3 million tonnes of materials included vegetable oil, sand, gravel, tunnelling spoil and household waste. Construction of Thames Water’s Lea Tunnel project was also a major factor in ...
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What is described as a “final session” of negotiations between the European Parliament, European Council and the Council of Ministers on the new digital tachograph regulation has been scheduled for 10 April. It appears that a compromise has been reached on amendments to the rules on the driving and break ...
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