ESR's latest facility investment 
Hong Kong-based ESR Cayman, a major Apac-focused logistics real estate platform, has closed a new facility agreement. The investment amounts to about JPY 15 billion (USD 143 million) for a three-year unsecured term loan facility with an upsize option to JPY 20 billion in the... mehr
The mega trip reborn
Chinese carrier Cosco Shipping has placed orders for seven new container vessels with a capacity of 23,000 teu each. The overall investment is estimated at USD 1.1 billion. Cosco's affiliate Orient Overseas International inked the respective agreements to build the ultra... mehr
Results from the East and West Coast
As the shopping season enters in full motion, US Customs and Border Protection (CBP) officers at the international mail facility (IMF) of Los Angeles airport have intensified "Operation Mega Flex", a CBP-led ongoing nationwide aggressive crackdown in seizing illicit... mehr
Nana Lin as Geodis' managing director
Lin Shih Ying (Nana Lin) has been appointed new managing director in the Geodis' Asian Pacific (APAC) region, more specifically in Taiwan. She joins the company with over ten years of experience in international supply chain management, having worked for major logistics... mehr
Lineas and EWS double fumigation capacity
EWS, a specialist for pest control, and railfreight operator Lineas will double the fumigation capacity at the main hub in Antwerp, Belgium, to meet the increased demand for lumber transport from Europe to China. Every week more than 3,000 containers of wood pass through the... mehr
ONE improves results significantly
The wave of good news from carriers continues. Japan’s Ocean Network Express (ONE) reported a profit leap of 326% for the second quarter of its fiscal year 2020, which runs from April 1 to March 31. The Singapore-based container carrier said its Q2 profit came to USD 515... mehr
To Russia with love
Austrian logistics group Gebrüder Weiss (GW) launches a new weekly scheduled service between Vienna and Moscow, effective immediately. It is the company's second regular direct connection to the Russian capital in order to expand its groupage freight services to Russia. The... mehr
Siberian barley delivered to China by rail and ship
Fesco Transportation Group has completed the first intermodal transportation of containers with barley from Omsk (Siberia) to China. The scheme included the transportation of 64 twenty-foot containers with liner bags (special bags in which the cargo was placed) by a Fesco... mehr
Russian Railways to launch CRM system
Russian Railways (RZD) is completing work on creating a customer relationship management (CRM) system. The company has already begun trial operations and will launch the system by the end of 2020. According to deputy managing director Alexey Shilo, the key element of this... mehr
Three Japanese carriers for Russian LNG
The Japanese shipping company MOL inked charter agreements for three icebreaking LNG carriers with LLC Arctic LNG 2, in which the Russian company Pao Novatek holds the largest share, through a wholly owned MOL subsidiary on 28 October. The three vessels will be built by... mehr