Latest news
New Design Flexitank to Hold Temperature Controlled Liquids
UK – WORLDWIDE – Having consolidated the brand under one new banner in October Hillebrand, the specialist in the forwarding, transport and logistics of beverages, is launching what it calls a revolutionary 40 foot flexitank, enabling customers to transport non-hazardous liquids across the world more sustainably and in temperature-controlled conditions.
Multi Million Pound Cash Injection Makes Jobs Safe Over Christmas
UK – The latest shenanigans at Stobart Logistics, a group rescued from imminent administration on Friday when the offer of a £55 million cash injection from main shareholder and former owner DBay Advisors was accepted by shareholders, underscores the complexity of a business which began life as a one truck outfit hauling fertiliser in the 1960's and which has grown inordinately ever since.
New Film Sets Out Case for Future Infrastructure Investment and First UK Future Mobility Zone
UK – Whilst the national press this week is making much of the demands and hopes for the 'Northern Powerhouse' in the run up to the General Election, another region is making its voice heard with a new film that promotes transport infrastructure development, something of immense importance to the freight and logistics sector.
Matter Referred to Federal Court
US – The American Trucking Associations (ATA) has hailed a decision by the US Court of Appeals for the First Circuit that held the trucking group's lawsuit with regards to Rhode Island's truck only tolls could proceed in federal court.
Just in Case You Missed Anything
TURKEY – The weekly look at some logistics items you may have missed starts with the news that Danish headquartered shipping and freight forwarding group Martin Bencher has opened an office in Istanbul. The company says the new base in the Turkish financial capital gives them enhanced access to Asia, Europe and North Africa.
Pre-Christmas News in HR Throughout the Industry
WORLDWIDE – This week's round-up of staff changes and appointments starts with the renewal of Kitack Lim's appointment as Secretary General of the International Maritime Organization (IMO) for a second term of 4 years, from January 1, 2020 to December 31, 2023. His re-appointment was approved at the IMO Assembly meeting earlier this week.
Securities and Accounting Swindle puts Two More in the Dock
US – The former Chief Operating Officer and Chief Financial Officer of Celadon Group, a publicly traded transportation and trucking company headquartered in Indianapolis, Indiana, were charged by way of an indictment, for their alleged role in a complex securities and accounting fraud scheme that resulted in a loss of more than $60 million in shareholder value.
Sighs of Relief as Multi Million Portfolio of Vehicles Arrive Safely
US – CANADA – SAUDI ARABIA – There must have been a huge sigh of relief recently in the offices of Cosdel International Transportation, a Rock-it Cargo company, when the last batch of 447 high end vehicles, successfully transported to Riyadh over the past few months, arrived safely.
New UN and IMO Project Targets Scourge of the Oceans
NORWAY – WORLDWIDE – Anyone who has seen the detritus gathered around the corners of wharves and docks, or seen the miles of discarded nylon gill nets which can kill fish and other creatures as they drift the oceans, will welcome a new global project to prevent and reduce marine plastic litter from shipping and fisheries. It has been launched by the International Maritime Organization (IMO) together with the Food and Agriculture Organization of the United Nations (FAO). Initial funding for the project is from the Government of Norway.
Variable Bunker Costs Post Cap Addressed
WORLDWIDE – As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, maritime advisory, statistics and research group Drewry has published its first low-sulphur reference bunker index tracker.