DSV opens transpacific air cargo service 
Because of the reduced number of air services due to the risk of spreading the coronavirus, there is an estimated 5,000 t less air cargo capacity available per day to/from Mainland China. "Determined to assist our customers in tackling some of the resulting backlogs and... more
Friedrich Merz leaves Stadler's board of directors
Friedrich Merz has decided not to stand for re-election as member of the board of directors of Stadler Rail at the company’s next annual general meeting on 30 April 2020. He said he wished to fully focus on his political mandates. Merz was elected to Stadler’s board of directors... more
Qatar Airways arranges "cargo convoy" to China
Less than three weeks after transporting 100,000 medical-grade N95 respiratory masks and 2,700 medical-grade disposable latex gloves, providing essential protection to healthcare professionals working around the clock at hospitals in Hubei Province, five Qatar Airways Cargo... more
Scania deploys battery electric trucks in Norway
Norwegian wholesaler ASKO is using two battery electric Scania distribution trucks for its operations in Oslo, Norway. This pilot marks another milestone in the cooperation between Scania and ASKO with regard to electrified solutions for heavy transport. With the battery... more
Will Maersk retain the level of 2019?
While preparing the ground in the running year with a profit warning for Q1/2020, Maersk has reported its results for the full-year 2019. Revenues went down moderately by 1.0% to USD 38.9 billion (USD 39.3 billion in 2018), the shift to profitable business caused a leap of 14.0%... more
AAPA names port person of the year
The American association of port authorities (AAPA) has chosen assistant secretary of the army Rickey R.D. James to receive the 2020 port person of the year award for his dedication in leading the US Army Corps of Engineers (Corps) to streamline processes for maintaining and... more
China Logistics invests at Jade Weser Port
The state-owned logistics company China Logistics has signed a building rights agreement for an area spanning 200,000 sqm in the cargo handling centre (GVZ) of the Weser Port Wilhelmshaven (Germany). The company intends to set up the “China Logistics-Wilhelmshaven Hub”,... more
Paying tribute to IMO
The Bahamas continues to be one of the first council members to present its annual assessment payment to the international maritime organisation (IMO) in the course of February 2020. The payment to the IMO was transferred in full and in advance of the deadline. The... more
Atlas Air Worldwide cuts capacity
Atlas Air Worldwide's volumes in 2019 totalled 321,140 block hours compared with 296,264 in 2018, with operating revenue increasing to USD 2.74 billion (USD 2.68 billion) and the adjusted ebitda totalling USD 504.8 million (USD 551.3 million). Adjusted net income from continuing... more
Expanding into inland solutions for freight railroads
Navis, part of Cargotec, has entered into an agreement to acquire the assets of Biarri Rail, a global provider of planning and scheduling optimisation software for freight railroads. The acquisition is expected to be completed by the end of February 2020 and will support Navis’... more