ESR grows in its core markets 
ESR, an APAC focused logistics real estate platform, has announced its results for the financial year 2019. The group recorded revenue of USD 357.4 million in FY 2019, up 40.6% from USD 254.1 million in FY 2018. Net profit was USD 245.2 million, representing 20.8% growth from... mehr
Saudia Cargo still shipping through three gates
Saudi Airlines Cargo says is has taken proactive steps to ensure the continuity of all cargo and supply operations and the arrival of necessary goods and products including medical equipment, medicine and foodstuffs. The steps come in line with the official decisions, which... mehr
China – Europe freight transport back on track
With the situation in China regarding the spread of COVID-19 stabilising, and the country’s economy gradually getting back to normal, freight transport between China and Europe is beginning to run smoothly again, said the Russian United Transport and Logistics Company – Eurasian... mehr
Kale taps into African market
Mumbai (India)-based IT logistics provider Kale Logistics Solutions has collaborated with Siginon Aviation, an Isago-certified and award winning GHA in Kenya, to provide a comprehensive air cargo management system for their operations at Nairobi and Eldoret airports. Siginon... mehr
Geodis expands air and rail capacities
Geodis is responding to the capacity bottlenecks caused by Covid-19 with a comprehensive expansion of its existing services. For instance, the company will provide new charter flights between Europe, Asia, USA and Latin America as well as alternative transport options per rail.... mehr
The Moody blues about the storm ahead
The Copenhagen (Denmark)-based maritime consultant Sea-Intelligence and the global ratings agency Moody’s see gloomy times ahead for the industry. "The worst is yet to come," Sea-intelligence said, pointing at the estimated decline of 17 million teu this year on a... mehr
Yusen acquires additional shares of AB Logistics
Yusen Logistics Thailand announces will acquire additional shares of AB Logistics of the Ajinomoto Group and make it a subsidiary on 1 April. Accordingly, the company name will also be changed from ABLT to Yusen Food Supply Chain (Thailand). Yusen Logistics Thailand will... mehr
ClassNK: changes at the helm
Current senior executive vice president Hiroaki Sakashita has been appointed president & CEO as well as a representative director of the Japanese classification society ClassNK. Current senior executive vice presidents Tetsuya Kinoshita, Junichiro Iida and Toshiyuki... mehr
Record pharma handling in times of sanitary crisis
Worldwide Flight Services’ (WFS) new pharma centre at Paris CDG has handled its biggest single shipment so far: 34 temperature-controlled containers for customers Air Bridge Cargo Airlines (ABC) and Kuehne + Nagel. Maintained within a +2-8 degrees Celsius temperature... mehr
Well prepared for pandemoniac 2020
Hapag-Lloyd’s results in 2019 seemed far away, when during a webcast conference CEO Rolf Habben-Janssen explained the Hamburg carrier's outlook on 2020 at this stage: "Although supply chains are under pressure, we expect a decent month in April. An impact of the corona... mehr