Annual profit around SGD 1 billion 
Frasers Property has reported its financial results for its financial year ended 30 September 2022 (FY 2022). Panote Sirivadhanabhakdi, Group CEO, commented that the group was “able to deliver improved operating performance over the course of FY 2022." Primarily... more
More vehicle rest areas for Australian truckies
The Australian government is delivering a AUD 80m (EUR 52m) commitment to new and refreshed rest areas for truck drivers and brings the total commitment for heavy vehicle rest areas to AUD 140 million (EUR 90 million). The budget will include upgrades to freight routes... more
Figures and certificates spell growth 
Etihad Cargo gaining momentum and achieving sustainable growth. Etihad Cargo achieved record revenues in 2021 and has continued to build on this momentum, achieving top results in the first half of 2022 too. The carrier is confident that it can finish the year strongly and... more
More support for UN Global Compact initiative
Canadian National Railway (CN) has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. Launched in 2000, UN Global Compact is the largest corporate... more
Cathay Pacific and Unilode extend partnership
Cathay Pacific, one of the world’s largest airline groups, and Unilode Aviation Solutions, a global specialist for outsourced ULD management, repair and digital services, are renewing their full-service ULD management agreement until 2027. Cathay Pacific and Unilode have... more
A good year for ICTSI so far
The Philippines-based International Container Terminal Services (ICTSI) has published its unaudited consolidated financial results from January to September 2022. Revenues from port operations amounted to USD 1.64 billion, an uptick of 20% compared to 9M/2021 (USD 1.37... more
Bringing widebody capacity back to Tokyo
Commencing from Sunday, 13 November 2022, IAG Cargo, the cargo division of International Airlines Group (IAG), is restarting its direct service between London and Tokyo HND. The revival of this service will be welcomed by IAG Cargo customers from both Europe and Japan after... more
Chattogram to open in December
A.P. Moller-Maersk’s new 9,000 sqm warehouse at Chattogram (Bangladesh) will soon be operational. The three-storied facility is expected to go live by December. The hub is situated close to Chattogram Port and well-connected by the outer ring road and Karnaphuly tunnel to the... more
Freight volume halved due to sanctions
International transport and logistics company Operail reported a freight volume of 5.2. million t in the first nine months of this year. This is 50% less than in the same period last year, the carrier said. The decline in freight volume is due to the sanctions imposed by... more
Seven LNG carriers in a row
NYK affiliates have inked a long-term time-charter contract with Qatar Energy. Seven liquefied natural gas (LNG) carriers will be deployed for the state-run energy company. The shipbuilding contracts for the LNG carriers with a capacity of 174,000 cbm each go to the South... more