Foto: Christian Charisius/AP/Ritzau Scanpix

MSC chosen as strategic partner for ailing Spanish rail freight company

The Swiss-Italian container shipping company is set to expand its onshore operations by entering Spanish railroad company Renfe’s freight business.

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Casper Ellerbæk has a professional background at competitor Kuehne + Nagel. | Foto: Dhl / Pr

It's time for DHL's new global head of ocean freight to prove he can be number one

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The price will determine whether the sale of DB Schenker will go through, sources tell DPA. | Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

Media: Sale of DB Schenker enters next phase

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Foto: Shannon Stapleton/Reuters/Ritzau Scanpix

Russia still relies on Europe to ship its oil despite price cap breach

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"As an SME – as we still like to call us today – and with the customers we are serving globally we really need to latch on and grow substantially to stay relevant to our customers," says Constantin Conrad, CEO, Leschaco Group. | Foto: Leschaco

German logistics company wants to grow 250 percent by 2030

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By 2027, Rhenus Logistics will own the entire Rietlanden Terminals in the Port of Amsterdam. | Foto: Rhenus Logistics

Germany's Rhenus Logistics buys dry bulk terminals in Amsterdam

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First loaded bulker leaves Ukraine following grain deal collapse
The voyage is seen as a test of Ukraine’s ability to reopen its export ports despite Russia’s pull-out from the grain export agreement.
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Flexport founder in fierce criticism of recently departed chief executive
Dave Clark’s departure as chief exec of the logistics major is due to a neglect of customers and growth in favor of a focus on technology, founder Ryan Petersen tells Freightwaves.
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CMA CGM is ready to invest big-time in US port terminal
The shipping company will expand capacity by 50 percent at its terminal on Staten Island, New York.
Uggla wants to open the energy taps like his grandfather with new venture
The world’s first methanol-powered container ship, christened ”Laura Maersk” by Ursula von der Leyen, kicks off the race for the new green gold.
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Hamburg's largest port operator fits MSC like a glove
MSC can bring more trade to the Port of Hamburg and the terminal operator fits with the container major’s strategy, says Xeneta’s chief analyst.
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Major container ports in the US and Europe decline in first half of the year
Fewer containers are passing through the six largest European and US ports included in Alphaliner’s top 30 list.
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MSC to buy half of top port operator in Hamburg
A subsidiary of the world’s largest container shipping company has made an offer for 49.9% of HHLA, which operates the largest terminal at the Port of Hamburg.
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Two Flexport executives to leave after CEO’s abrupt exit
The exits by the now former CEO’s lieutenants are continuing, and more departures are possible according to a person familiar with the matter.
Lack of car carriers delays China's entry into the European car market
Weak domestic demand is forcing China’s automakers to export cheap cars. Sales are booming, helped by cheap raw materials and government subsidies, according to media reports.
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Crowley parts with vice president after allegations of sexual herassment
The vice president of Wind Services leaves the US company. This is not the first time Crowley has been affected by sexual harassment cases.
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Dubai challenges Singapore as shipping's favorite city
Singapore is still the favorite city of maritime executives, but high costs of living and skyrocketing rental prices make an increasing number of people look to Dubai, according to survey.
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Transportation and logistics are main drivers in Singapore's job increase
The transport and logistics industry ranks number one in terms of job creation in Singapore, a survey shows. Two recent announcements from the maritime and logistics industries confirm the trend.
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DSV builds yet another warehouse in Singapore, creating 300 jobs
Danish logistics major DSV and real estate developer Logos will build another warehouse in Singapore to be completed in 2025.
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OOCL ready to buy companies but sets a limit to the deals
Chinese and Hong Kong based OOCL believes the container market will not improve until 2024 and expects that unpredictability will only continue to rule, the carrier tells ShippingWatch.
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Retail majors launch tender for zero-emission shipping
A group of retail giants including Amazon, Ikea and Electrolux have launched a tender for the green shipping of 600,000 containers.
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Maersk to produce three million tonnes of green methanol from 2030
APM Holding has established a new company to produce three million tonnes of green methanol annually from 2030. The coming production facilities will require billions of euros in investments.
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Asia could be a bright spot for air freight despite meager rates
The launch of new consumer electronics could create much-needed demand for air cargo carriers, according to a major bank.
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Shipping has doubts about a new India-Europe corridor
Global shipping organization Bimco and several shipping analysts expect that a new India-Europe corridor would not replace the current route via Suez but merely become a niche product.
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Chief executive: Bolloré acquisition will transform Ceva's air cargo business
The price of air freight has dropped significantly, and the market will become ”complex” in the coming years, says the chief executive of Ceva Logistics.
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Flexport boss quits after less than a year: Founder returns as CEO
Dave Clark joined from Amazon in September last year, but is already leaving again. The founder and chairman has expressed a desire to return as CEO.
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