Garuda ordered to pay millions for price fixing 
Australia’s federal court has ordered PT Garuda Indonesia (Garuda) to pay penalties of AUD 19 million (USD 13 million) for colluding on fees and surcharges for air freight services. The penalties follow the court action launched by the Australian competition and consumer... mehr
China and Russia to cooperate in Eurasian rail services
RZD Logistics (Russia) and Sinotrans (China) have signed a strategic cooperation agreement to develop transit traffic from China to Europe. The agreement contains a long-term partnership in international railway freight traffic, involving container trains to Europe from... mehr
More terminals and better connections for intermodal traffic
The Swiss combined transport operator Hupac Intermodal and Duisburger Hafen (duisport) in Germany are intensifying their cooperation to further develop climate-friendly combined transport. The two sides have agreed to further develop the Duisburg terminal area and... mehr
Ceva Logistics opens office in Phnom Penh
Whilst it is embarking on a new adventure with the CMA CGM Group, Ceva Logistics is also strategically expanding its presence in the emerging Southeast Asia markets by opening an own office in Phnom Penh (Cambodia). The logistics provider decided to accelerate its local... mehr
China train adds more destinations in Asia to its network
The Iata freight forwarder Quick-Cargo Service (QCS), which is headquartered in Germany, is expanding its two key segments air and sea freight and extending the railfreight services it has been offering to China since 2008. The company will add destinations in Japan, South... mehr
Iumi appoints new Asia ambassador
The International Union of Marine Insurance (Iumi) hosted the second Iumi Asia Forum in Shanghai (China) and appointed a new additional Asia ambassador to enhance its position in the region. Agnes Choi, chair of promotion and external relations for the Hong Kong maritime and... mehr
Air New Zealand dreams of new flag ship
Boeing and Air New Zealand have announced the airline’s plans to add the largest 787 Dreamliner model to its fleet with a commitment to buy eight 787-10 valued at USD 2.7 billion at list prices. The carrier, known for its global network and long-range operations, says that the... mehr
Maskargo relaunches Guangzhou route
Maskargo is relaunching its freighter flights between Kuala Lumpur (KUL, Malaysia) and Guangzhou (CAN, China), a thriving cargo route for the eCommerce market. The first Kulcan service is set to commence today, 4 June 2019. Until December, the new weekly services on this... mehr
Gefco celebrates 10th anniversary of Chinese subsidiary
Present in fifteen cities with 1,300 employees, Gefco China and its two Chinese joint-ventures Dong Feng Gefco and Shenzhen Minsheng Gefco Logistics (SMGL) expect to increase revenues by a minimum 40% in 2021, anticipating growing demand for next-generation automotive logistics... mehr
Investing in warehousing in Australia
The Australian property firm GPT has purchased five logistics properties in Sydney for AUD 212 million (around USD 146 million), and also started a new development in western Melbourne.The Sydney assets have a lettable area of more than 88,000 sqm, a combined weighted average... mehr