Cooperation enhanced
South Korean Hyundai Merchant Marine (HMM) and Ceva Logistics, an affiliate of CMA CGM, are tightening their relationship and increasing the level of collaboration. The new agreement, which will last into 2025, builds on the two companies existing cooperation and brings Ceva’s... more
Two Chinese musketeers
In an alliance between a local and an overseas player, Quanzhou Ansheng Shipping and China United Lines (CU Lines), have assigned twelve large vessels of over 20,000 teu. The units will be deployed on both transpacific and Asia-Europe lanes. After entering into the... more
Aapa expands government relations team
The American Association of Port Authorities (Aapa) — the unified voice of seaports in the Americas — is welcoming Jen Armstrong and Matt Wiggins to manage Aapa's navigation policy and infrastructure portfolios, respectively. Armstrong will oversee seaport waterside... more
Slump across the board?
Reuters reports that Fedex lost approximately USD 12.5 billion in market capitalisation after it withdrew its original financial forecast on 16 September 2022 and predicted a USD 500 million drop in turnover for 2022. However, some bank analysts did not agree with Fedex’s... more
When a tiger swallows eight cheetahs
A B747, whose nose had been decorated with a gigantic face of a tiger during its time with the Russian Transaero Airlines, which went bankrupt in 2015, transported five female and three male cheetahs from Namibia to India at the end of last week. The animals, which were... more
Partnering to speed up zero emission transport
Ikea, Volvo and Raben have signed a collaboration agreement on zero emission heavy transport in Poland. The furniture dealer will introduce heavy electric Volvo trucks for internal transport flows at two Ikea Industry factories in Poland. The trucks will be operated by Raben... more
Air Belgium partners with WFS in South Africa
Air Belgium is partnering with Worldwide Flight Services (WFS) in Johannesburg and Cape Town for the launch of its first services to South Africa. The airline has awarded a three-year contract to WFS to provide cargo handling for the 1,600 t per annum forecast to be carried... more
Etienne Page to head logistics solutions at Etyo
Etienne Page is joining Etyo Group as head of logistics solutions, in charge of supply chain consulting. He succeeds Linda Tempestini, who has been appointed regional manager Occitania. Page is a graduate of the Ponts et Chaussées engineering school, HEC Paris and Cambridge... more
"Curiosity of the Day"
If the horse in an equestrian statue is lifting a front hoof, it means that the rider died from wounds received in battle. more
Too many transhipments for Valenciaport
Valenciaport's terminals had a mixed bag of results in August 2022. On the one hand, the port posted new declines in transhipment traffic. On the other hand, the terminals registered historic records in import containers and in solid and liquid bulk. The Port Authority of... more