April 2021
Throughput at the port of Rotterdam increased by 3% in first quarter of 2021, to 115.8 million tonnes. Most of the growth was in containers (up 4.5%), biomass, coal and mineral oil products. Volumes declined in LNG (-26.8%), agribulk (-8.6%) and other liquid bulk (-2.8%).
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Logistics UK has welcomed the European Parliament’s ratification of the Trade and Customs Agreement (TCA) drawn up at the end of last year, just before the Brexit deadline. European policy manager Sarah Laouadi said it would give certainty to businesses on both sides of the Channel and also enable industry, ...
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GB Railfreight took delivery of the first Ecofret2 triple-container flat wagons from VTG Rail in April at its headquarters in Peterborough. The design removes empty spaces that are often present in other wagons, which is not only operationally inefficient but causes turbulence during the journey and increases fuel consumption.
08/04/21
GB ...
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Swiss-headquartered forwarder Kuehne+Nagel says the first quarter of its 2021 business year was marked by a strong demand for ransport services, especially for pharma and e-commerce fulfilment. Kuehne+Nagel achieved a net turnover of over CHF6.0 billion (34.72bn), EBIT of CHF 431 million and earnings for the period of CHF 318 ...
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The British Ports Association (BPA) is to postpone its annual conference, due to take place in Aberdeen this October, to 5-6 October 2022. It said that a recent survey concluded that the majority of members were uncertain whether they would be able to attend an in-person event this October and that any ...
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Incoming British Ports Association chair Neil Glendinning praised the industry’s resilience throughout the Covid-19 pandemic at a time when others were scaling back operations.
He added that while the last twelve months have been difficult, the next twelve months present an opportunity for the sector to pursue a recovery effort that ...
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UPS reported first-quarter 2021 consolidated revenue of $22.9 billion, a 27% increase over the first quarter of 2020. Consolidated average daily volume increased 14.3% year over year. Consolidated operating profit was $2.8 billion, up 158% compared to the first quarter of 2020, and up 164% on an adjusted basis. Diluted ...
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Cathay Pacific Cargo says it has carried out a successful pilot of IATA’s ONE Record that creates a single[1] view of shipments that can be shared by all stakeholders. The scheme aims to create end-to-end transparency of consignments as they pass through multiple links in the chain from shipper to ...
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DSV Panalpina is to buy Agility’s Global Integrated Logistics (GIL) arm for US$4.2 billion (DKK 26bn) its largest acquisition to date. Described by the Danish-owned company as one of the world’s top freight forwarding and contract logistics providers in 2020, Agility had revenues of $4 billion, mainly air and sea ...
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Direct Rail Services (DRS), along with its fellow Nuclear Decommissioning Authority, (NDA) transport subsidiaries, is to become part of a new Nuclear Transport Solutions (NTS) division. NTS will operate DRS and Pacific Nuclear Transport but its primary objective will be to support the NDA in cleaning up the UK’s earliest ...
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