Finnair Cargo continues to report double-digit growth
In April 2019, Finnair's available scheduled cargo tonne kilometres (ATK) vaulted by 27% year-on-year, reaching 566 million ATK. Revenue scheduled cargo tonne kilometres increased by 15.3%, culminating at 90.4 million RTK. These results were mostly driven by the positive cargo... more
Ocean's new Asian service calls at Hamburg
As the first containership in the new Asia service Loop 7 by the Ocean Alliance, the “Taurus”, which has a capacity of almost 14.500 teu, has berthed in the port of Hamburg (Germany). The new Asia-North Europe service Loop 7 is served by ten Evergreen units between 13,000... more
Ceva Logistics signs deal with Lush in UK and Ireland
Ceva Logistics has been awarded a three-year deal to manage and deliver Lush products to its stores across the UK and Ireland. Under this agreement, Ceva will be in charge of moving the full range of items sold by Lush. Lush is an ethically responsible cosmetics producer selling... more
China–Finland rail service soon to be weekly
RZD Logistics has launched regular a regular railfreight service between China and Finland and vice-versa. At present, container trains depart from Hefei (Anhui province) and head for Europe via China, Kazakhstan, Russia and Finland once a fortnight. The trains run via the... more
PSA to build in Halifax and Pennsylvania
Singapore-headquartered PSA International has won the bid for the container terminal Halterm in the port of Halifax. It is currently the largest container terminal on the east coast of Canada. Among the other bidders were Canadian National Railway, CMA CGM and Montreal-based... more
Temperature-controlled train delivers fresh Spanish goods
The Cool Rail link, a direct rail connection for fresh produce, has started operations. The new, thrice weekly offer consists of a dedicated, temperature-controlled train for transporting fresh produce between Valencia (Spain), and Rotterdam (Netherlands). Forwarding goods... more
BBC Chartering picks Ulrich Ulrichs as CCO
BBC Chartering, an operator of multipurpose and heavy lift vessels, has appointed Ulrich Ulrichs as chief commercial officer. Ulrichs will head the group’s global commercial business development activities, complementing the existing management team. As part of the group’s... more
“Curiosity of the Day”
At the Welsh conference in 1993, the British Secretary of State for Wales, John Redwood, dutifully rose to his feet during the opening bars of the Welsh anthem. The cameras closed in on his face and everyone realized he had not bothered to learn the words and his miming was... more
Hoyer to double its investments in 2019
The international logistics company Hoyer generated a turnover of EUR 1.167 billion in FY 2018, thus increasing its equity ratio to 44%. Earnings before taxes amounted to EUR 40.218 million. In 2018, the Hamburg (Germany)-based provider spent EUR 83.9 million on replacing... more
Freight accounts for 14% of Emirates' total revenue
In financial year ended 31 March 2019, the Emirates Group posted a profit of USD 631 million, a 44% drop compared to FY 2018. The Dubai-based group’s revenue rose to USD 29.8 billion (+7%). Emirates Skycargo delivered a strong performance in a highly competitive market with... more