DSV withdraws guidance for 2020 as corona impact starts to show
DSV has withdrawn its 2020 guidance of USD 1.1 billion as the coronavirus outbreak is heavily affecting the company’s income. In February, the result was already USD 21 million below budget and with the virus...Read more
Blue Water Shipping continues Caribbean expansion
PRESS RELEASE – Blue Water Shipping is opening a new office in Trinidad and Tobago to further service the growing oil and energy sector in the Caribbean and the north-eastern region of South America. “We see a...Read more
Ray Fitzgerald rejoins Crowley as COO
PRESS RELEASE – Crowley Maritime Corporation has announced that Ray Fitzgerald will rejoin the company March 1 as Chief Operating Officer (COO). He will report to Tom Crowley, company chairman and CEO, and will be based...Read more
Red Wolf Global expands in north of Vietnam
PRESS RELEASE – Thai breakbulk and project logistics provider Red Wolf Global (RWG) has expanded its presence in Vietnam, opening a second office in the country located in Hanoi. The new office will manage RWG’s...Read more
Rhenus buys LTK to expand in Spain and aerospace market
PRESS RELEASE – The Rhenus Group has acquired Spanish company LTK, which specializes in logistics solutions for the aerospace and automotive industry. With the acquisition, Rhenus also expands its presence in Spain with three warehouse...Read moreDSV Panalpina books operating profit of nearly USD 1 billion
Freight forwarder DSV Panalpina has achieved an operating profit of nearly USD 1 billion in 2019, up 22% in comparison with the year before. “2019 was a strong year for our company, not least thanks...Read more
DHL axes jobs following Vestas’ logistics deal with DSV Panalpina
DHL Freight has laid off employees in Denmark following Vestas’ exclusive deal with DSV Panalpina to execute and manage all of the manufacturer’s general freight and special project transportation. Danish media report that about 10 of...Read more
“We boost awareness about our members to customers worldwide”
The Worldwide Project Consortium (WWPC) is celebrating its 20th birthday this year. PCJ caught up with network company director Wolfgang Karau to talk about how it all started, what’s next and the current state of...Read more
BNSFL moves transformer from Texas to Montana
PRESS RELEASE – The team from the BNSFL Project Center in Houston handled the transport of a heavy transformer with a weight 113,4 tonnes arriving from China at the Port of Houston to Colstrip, Montana. For...Read more
DSV Panalpina signs major project logistics deal with Vestas
DSV Panalpina has signed a major logistics agreement with Vestas to execute and manage its general freight and special project transportation. The partnership aims to simplify Vestas’ global transportation set-up and help the company to...Read more
Blue Water Shipping targets growing oil industry in Guyana
Blue Water Shipping has opened a new project logistics office in Guyana expecting to profit from the growing oil & gas industry in the region. “We see an increasing demand for complete project management”, says...Read more
Blue Water opens new project logistics office in Italy
PRESS RELEASE – Blue Water Shipping has expanded its network with a new office in Milan, Italy. The office will initially focus on serving clients in the oil and gas, power generation, renewables and infrastructure...Read more
Rhenus ships 13 large MAN engines for Karpowership
PRESS RELEASE – Rhenus Project Logistics is organising the transportation, handling and storage of 13 enormous MAN diesel engines and their fixtures as part of a complex project in which they will be used as...Read more
Lubbers Global Freight: “We want to be present in all major energy hubs”
As the new kid on the block, Lubbers Global Freight wants to rapidly grow as a specialized freight forwarder for the energy markets. Following a recent takeover in Singapore, the company is now close to...Read more
“With M-Star Projects we want to better market our project logistics”
Belgian freight forwarder Herfurth Logistics is consolidating all of its project cargo activities under one new brand, M-Star Projects. The move is intended to better market the group’s project logistics and attract new projects and...Read more
Rhenus Logistics buys UK-based PSL Group
Rhenus Logistics has acquired 100% ownership of The PSL Group, a European express specialist based in the UK. Rhenus says the takeover will open up new opportunities, services, and expertise to the customers of both...Read more