PIL: earlier USD 1 billion payback 
Record freight rates continue to impact the high sea shipping industry. In Singapore, Pacific International Lines (PIL) has announced that PIL will be making an early repayment to creditors who were subject to the scheme of arrangement (scheme) which PIL entered into as part of... more
Two fly high
Flypop has partnered with Hi Fly airline to meet international cargo demand and commence its zero LOPA cargo operations. Hi Fly is the world's largest wide-body aircraft wet lease specialist with AOC’s in Portugal and Malta, and licensed to operate globally. The airline runs a... more
Streamlining multiple air cargo operations
New air cargo capacity provider Mena Cargo has partnered with Awery Aviation Software, based in Ras Al Khaimah (UAE), to streamline operations across its scheduled and charter services across underserved markets in the Middle East, Africa and Asia. The Bahrain-headquartered... more
Diversifying in rail infrastructure market
Sinara Transport Machines Holding (STM) has established a new railway infrastructure division, which will focus on the development and provision of various services for the infrastructure of Russian Railways (RZD) and other customers. Vitaly Votolevsky, STM deputy general... more
Growth in seafreight to last until 2027
In a recent study, Dublin-based analyst Research and Markets reported that the global market for seafreight forwarding, estimated at 64 million teu in the year 2020, is projected to reach a revised size of 72 million teu by 2027. Packaging, one of the segments analysed in the... more
AAL China staff raise money for project Hope
AAL China staff have raised money through sponsorship of physical training activity for the Labu Hope Primary School in Yongning Town, China. The funds raised enabled AAL’s team to purchase and donate school uniforms, bed sheets, quilts, pillows, and stationery. Jack Zhou... more
OOCL reinforces transpacific network
Carrier OOCL is launching the Pacific China South Express (PCSX) service in the transpacific network to satisfy customers’ needs for fast and reliable shipping. The PCSX is a brand new route designed to offer express linkage from South China to Long Beach (LBCT). PCSX port... more
Special transport for e-cars due to Covid-19
Russian Railways Logistics (RZDL) has shipped twelve electric vehicles from China to Chelyabinsk in the Urals, Russia, for manufacturer Electrokars Rus. The cargo travelled from Khorgos (China) to Chelyabinsk via the Kazakh checkpoint at the Nur Zholy car border crossing.... more
"Dirty" diapers
US Customs and Border Protection (CBP) officers in Cincinnati intercepted smuggled narcotics in a shipment of baby diapers from Texas en route to Australia. The shipment contained around 2 kg of methamphetamine concealed within the diapers. The diapers appeared to be firm... more
Shenzen aims at new mark
The Chinese Port of Shenzhen achieved a throughput of 23.8 million teu from January to October 2021, 10.7% more than in the same period in 2020. While foreign trade was up 11.3% to almost 22 million teu, empty containers grew significantly by 18% to 7.35 million teu.... more