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Market Focus
  • Jens Wollesen to join Hellmann as COO Apr 25,2021

    BLG Logistics director and former Kühne + Nagel senior executive Jens Wollesen is to become a member of Hellmann Worldwide Logistics’ management board from 1 January 2022, taking on the role of Chief Operating Officer (COO) alongside Reiner Heiken (CEO) and Martin Eberle (CFO).In the ne... [learn more]

  • Asia-Europe ocean rates rise due to Suez complications Apr 23,2021

    The delayed but anticipated impact of the Suez blockage on Asia-Europe container flows and freight rates finally kicked-in this week, with Asia-North Europe rates climbing by around 6% to an average of $7,762/FEU, after falling 14% since February through to last week, new analysis by freight digitalisation an... [learn more]

  • Giant sails on cargo ships could slash CO2 emissions by 30% Apr 23,2021

    Fitting sails to cargo ships and sailing more slowly could reduce greenhouse gas emissions from the shipping industry by up to 40% – or possibly more as technologies improve – according to a new report from the Institution of Mechanical Engineers (IME).The institution recently supported a ... [learn more]

  • SNCF poised to sell rail freight wagon unit for €3bn Apr 23,2021

    Heavily indebted French railways SNCF is on the point of concluding the sale of its rail freight wagon management arm, Ermewa, for more than €3 billion to a consortium of institutional investors, according to French business newspaper, Les Echos.The publication went on to speculate whether offloadi... [learn more]

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