“Curiosity of the Day”
The lowest-ever temperature in Singapore was 19.4°C. It was measured on 31 January 1934. more
Uncalm before the storm
The logistics industry in the United Kingdom is gearing up its loins for what it now considers the inevitable – a hard Brexit. The business mood is fluctuating between a stiff upper lip and the fear of a total traffic logjam in the Southeast of England. more
International e-platform for box handling is growing
The Israeli shipping line Zim has teamed up with Avantida to offer street turn services in the USA. Avantida's platform facilitates empty container triangulation, or the reuse of an import container for an export booking (street turn). This fully digital process not only... more
Sea Cube Container Leasing nets new contract
The US Transportation Command, Directorate of Acquisition, Scott Air Force Base in Illinois has awarded a contract to New Jersey-headquartered Sea Cube Container Leasing International. The pact covers the leasing and transport of intermodal container equipment. Sea Cube was... more
Descartes makes NCA Acas-compliant
Descartes Systems Group, a logistics IT provider, has announced that Nippon Cargo Airlines (NCA), operator of airfreight services to 15 cities in Asia, the USA and Europe, is using the Descartes air cargo advance screening solution (Acas) to meet the recent mandatory... more
Best corporate bond one year on
Philippines-headquartered International Container Terminal Services (ICTSI) has won The Asset’s Triple A Country Awards 2018 Best Corporate Bond – Philippines for the company’s USD 400 million fixed-for-life perpetual securities issued in January 2018. The company is the... more
Ever more smart freight trains
The Austrian transport provider, Rail Cargo Group (RCG), in cooperation with A1 and A1 Digital, recently launched the "Smart Cargo" project. By the end of 2020, RCG’s freight wagons will be equipped with motion sensors and position and shock detection systems. The... more
Van Moer acquires Antwerp East terminal
The Belgian company Van Moer Logistics has taken over the majority share of the Antwerp East NV terminal, which is located in a strategically favourable position directly on the Albert canal and in the centre of the fast growing industrial zone of Grobbendonk (Belgium). The... more
Fedex fuels new cargo area at Bahrain airport
Bahrain Airport Company (BAC) and Fedex Express have signed a letter of intent concerning warehouse space at Bahrain International Airport’s (BIA) new cargo area on the northern runway. The expansion of BIA’s cargo facilities is in line with the objectives of Bahrain's... more
Modest progress at HHLA in 2018
The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot up by 18% to EUR 204 million. HHLA’s container... more