08-10 October 2024
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ZIM reports financial results for Q2 of 2022

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2022. Second Quarter 2022 Highlights: Net income for the second quarter was $1.34 billion (compared to $888 million in the second quarter of 2021), a year-over-year increase of …

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Allelys delivers Dogger Bank transformers

UK-headquartered heavy transport engineering specialist Allelys has offloaded, delivered and installed four transformers, weighing 255 tonnes, for the Dogger Bank wind farm. The cargoes were received in two shipments at Albert Dock in Hull, where the team lifted the units using Allelys’ LG1550 crane onto a 10-axle SPMT and shunted them to a storage location …

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Jettainer wins ULD management contract from Norse Atlantic Airways

Norse Atlantic Airways, a brand-new Norwegian airline, has been taking to the skies since June, connecting Oslo with several North American destinations. Now the network is being ramped up with regular connections from Berlin to New York and Los Angeles. From the very first flight, Jettainer, the global leader in unit load device (ULD) management, …

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Liebherr adds electric heavy lift ship crane

Liebherr has expanded its heavy lift ship crane portfolio with an 800-tonne capacity crane – the LS 800 E. “The growth of wind turbines is leading to increasingly heavy individual component weights. In addition, the handling of large components requires a longer outreach of the cranes used than is often the case in the market,” …

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Jeep maker may invest billions to make EVs in Mexico

Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport. The owner of the Jeep, Peugeot and Ram brands is contemplating a retooling of its factory in Saltillo, Coahuila, one of northern Mexico’s industrial hubs about 200 miles …

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Azul awards ULD management agreement to Unilode

Azul Linhas Aéreas Brasileiras has awarded a full-service ULD (unit load device) management agreement to Unilode Aviation Solutions, the market leader in outsourced ULD management, repair and digital services. Azul serves over 150 destinations worldwide and operates a fleet of more than 160 aircraft. Under the terms of the four-year agreement Unilode will supply digital …

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Portico launches haulage arm with eight HGVs

Portsmouth, UK-based cargo terminal operator Portico has launched a haulage service with a fleet of eight heavy-goods vehicles. Portico is now able to manage goods from ship to shore and throughout the UK’s road network. It has a wide range of trailers and is ready to transport containers, breakbulk and project cargo from any port …

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UECC and Svitzer partner on biofuels

UECC is expanding the use of carbon-neutral biofuels in its logistics chain through a partnership with towage provider Svitzer. The two companies have signed a three-year contract for Svitzer’s EcoTow product that will see biofuels introduced on Svitzer tugboats performing towage operations for UECC’s pure car and truck carriers (PCTCs) calling at Scandinavian ports. This …

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Höegh Autoliners reports strong second quarter

Ro-ro carrier Höegh Autoliners posted an operating profit of USD99 million for the second quarter of this year – a quarter-on-quarter increase of 27.7 percent. Net profit stood at USD53 million. Volumes grew 0.3 million cu m (up 7.3 percent quarter on quarter), while net rate increased to a new high level of USD61.9 per …

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The GTI Group Launches New Corporate Brand and New Website

PFN Member for Canada, The GTI Group, backed by private equity firm Novacap, has experienced tremendous growth with new start-ups, numerous acquisitions and the expansion of existing business units. To better reflect this progress and the future growth of The GTI Group, the company today announced the next evolution of its corporate brand. “We are …

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XELLZ receives first patent for its ReelFrame™ cable transport solution

Dutch logistics company XELLZ has developed the ReelFrame™ as a solution to transporting heavy cable drums or reels without the use of cranes when loading and offloading trailers at factories, storage places and at the job site. It has now received the first patent for the ReelFrame technology. XELLZ is attempting to stabilise and make …

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