Europe

Trade is set to plummet by 13% and 32% in 2020

Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.

Recent Volvo Truck innovations in the U.S., and a new truck line in Europe continue to focus on driver comfort and keeping vehicles and drivers productive.

Over the years, hundreds of tankers were employed in the grain trades.

Three large carrier groups reported similar results.

The European Green Deal is looking to shift 75% of EU freight traffic from road to rail and reduce greenhouse gas emissions by 90% by 2050.

German-based chemical company BASF has reportedly planned to build a cathode factory in the state of Brandenburg, Germany, catering materials for electric car battery production.

Losses in Europe are estimated to now be costing businesses billions of euros a year.

Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.

French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.

Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of Cataluña.

The trade of Black Angus bulls is a global supply chain that needs a verification system, which can keep counterfeit beef from reaching the consumers’ table.

Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.

Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.

Tata Steel is suffering from declining steel demand in Europe, brought about by an economic slowdown and uncertainties revolving the U.K. general elections and Brexit.

The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.

In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.

London-based logistics startup tailored to ease e-commerce returns.

U.S. Customs and Border Protection officers found the drugs stuffed in duffel bags inside a container load of scrap aluminum and copper en route to Europe from South America.

ItsMyCargo is a German technology startup that is looking to sell software to traditional maritime freight forwarders who can use technology to compete against recently launched digital freight forwarders.