Freight wagon market to grow globally by 2.6% p.a. 
North America, the CIS and Asia are currently the largest markets for the OEM (original equipment manufacturer) freight wagon business. Europe follows in fourth place. North America is the only one of these regions not to have achieved growth in the past five years... more
Japanese typhoon and European holidays
Air cargo tonnages in week 33 dipped sharply, compared with the previous week, dropping especially steeply in traffic from Asia Pacific (-9%) and Europe (-11%). Further analysis, based on the over 450,000 weekly transactions covered by World ACD’s data, reveals that most of... more
Production hits record levels
According to Drewry, a maritime research and consulting company, dry freight container production is set to be the second highest on record in 2024, with all-time highs in the second quarter and July’s output exceeding 850,000 teu from Chinese factories. The surge is driven... more
International partnership to develop DRC port
British International Investment (BII) has committed up to USD 35 million towards the development of the port of Banana, the Democratic Republic of the Congo’s first deepwater container port, in partnership with DP World. This investment is expected to create 85,000 jobs and... more
Improved services on Antwerp-Catalonia line
Lineas started running traction services for its customer Hupac on the Antwerp – Catalonia (Perpignan & Barcelona El Morrot) at the beginning of this year. As of 16 September 2024, the partners will increase the frequency of the intermodal services between Belgium and Spain... more
18 t truck manages 400 km per full tank
Logistics services provider Noerpel is currently testing a hydrogen-powered truck in Germany. Two of its drivers are currently on the road with an H2 vehicle from Hylane, travelling an average of 140 km per day with around 19 stops to distribute and collect cargo. The first... more
MNG Airlines gets CDB A330 P2F
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has delivered one A330-300 passenger to freighter (P2F) aircraft to a new customer in Turkey, MNG Havayollari ve Tasimacilik (MNG Airlines). Jie Chen, CDB Aviation CEO: "We are... more
VTG: Mark Stevenson to step down
After more than 30 years in senior positions in the AAE and VTG Group, Mark Stevenson will step down from his position as chief financial officer (CFO) on the VTG executive board on 31 August 2024. He will however continue to support VTG with specific asset management and... more
AAL: a direct link between Europe and Asia
AAL Shipping is expanding its multipurpose cargo links with a new monthly "Europe - Asia express liner service," in response to rising market demand for reliable heavy lift cargo coverage. This addition joins AAL's existing routes, including the "Europe -... more
FedEx: new intervention service
FedEx Express has launched a new monitoring and intervention solution for its customers in Hong Kong and Singapore. Dubbed FedEx Surround, the service enhances visibility and control, increases operational capabilities and ensures proactive intervention when required. Using... more