Kategoria: Transport_EN

Hapag-Lloyd merger creates 4th largest line

German container shipper Hapag-Lloyd and its Chilean peer Compania Sud Americana de Vapores have signed a binding merger agreement that will create the world's fourth-largest container-shipping company in terms of capacity.

Hamburg-based Hapag-Lloyd said CSAV would control 34 percent of the merged entity after two capital increases totalling US$1.02 billion, reported Dow Jones Newswires.

The two companies will have a combined annual revenue of $12.46 million and a transport...

GEFCO appoints new sales and marketing director

AUTOMOTIVE logistics specialist GEFCO UK has appointed Charlie Weale as its new sales and marketing director.
He is charged with leading the development of sales and promotional strategies as the company focuses on increasing visibility and generating commercial opportunities in air, ocean and international logistics, says a statement.
With more than 30 years of transport and logistics experience, having previously worked in senior operational and sales roles for...

PACTL’S record air cargo hike

SHANGHAI Pudong International Airport Cargo Terminal (PACTL) saw its freight volumes rise by 14.44 per cent to 321,549 tonnes in the first three months of 2014 – the best first quarter result in the history of the company.
The Sino-German entity also enjoyed record growth of 17.38 per cent year-on-year in March, beating its previous record (129,363) set in November last year.