In a significant step toward transforming the logistics landscape in Europe, Wascosa, the Swiss freight wagon leasing company, has entered into a groundbreaking framework agreement with TX Logistik, an influential Italian carrier. This collaboration focuses on promoting the NiKRASA transfer system,
China has taken a significant step forward in the railway industry with the introduction of its first batch of carbon fiber open freight cars. Developed by China Energy Railway Equipment Co., Ltd., these groundbreaking cars were unveiled in Qiqihar, Heilongjiang Province. The country’s move to u
Maersk's recent strategic collaboration with SmartKargo marks a significant step forward in the logistics industry. Through this partnership, Maersk aims to integrate an advanced air cargo management solution into its Own Controlled Flight Operations (OCFO). The primary objective is the
On September 2, Medlog, a global logistics company based in Switzerland, completed its acquisition of Maritime Transport, a prominent player in the UK logistics sector. This transaction is expected to shake up the UK's rail and road logistics market, aligning with Medlog’s broader strategy of i
In a strategic move to bolster its capabilities in temperature-sensitive and time-critical logistics across Europe, UPS has announced the acquisition of Frigo-Trans and its sister company BPL, leading healthcare logistics providers in Germany. The acquisition aims to address the growing demand
Globalization continues to reshape industries across the globe, and the maritime freight transport market stands poised for significant growth. Valued at $371.9 billion in 2023, the market is projected to soar to $552.1 billion by 2033, driven by accelerated international trade, technological
