Supporting Hong Kong's gold storage strategy 
Since 2009, Airport Authority Hong Kong (AAHK) has been operating the Precious Metals Depository at Hong Kong International Airport (HKIA) to facilitate physical bullion trading and settlement activities. With a capacity for 150 t, the depository has been providing secure... more
Rest stations for drivers in India
Amazon’s Ashray project is providing its delivery associates with rest points in India, aiming to set up five pilot centres in the country’s major cities. The inaugural site was opened in Gurugram, Dehli NCR, in late August, while two further ones came on stream this month... more
Mr. Marine welcomes new CEO
Mr. Marine, which specialises in the testing, inspection, and certification of marine elevators, ballast water treatment systems and marine fixed and portable instruments, has appointed Charles Laarhuis as its new chief executive officer, effective 15 October 2024. Succeeding... more
Paving the Silk Road 
Ten years ago, Bulgaria joined China’s ’One Belt, One Road’ initiative. This hasn’t been manifested, however, in concrete transport infrastructure projects in the Balkan country – unlike in Serbia and Montenegro. ITJ correspondent Frank Stier asked around a little in Sofia,... more
Cargo-Partner: three anniversaries in 2024
The international transport and logistics company Cargo-Partner has achieved significant milestones at several of its branches this year, underpinning the company's consistent growth and success in Hungary, Taiwan, and Serbia. Founded in Austria in 1983, Cargo-Partner, a... more
KTZ to rejuvenate its loco fleet
Manufacturer Wabtec closed a USD 405 million agreement to supply Evolutions Series ES44ACi locomotives to Kazakhstan Railways (KTZ). The new units will upgrade KTZ’s aging fleet and support growing rail demand in the region, the operator said. The locos will be built at... more
Pactl projects plans until its 30th anniversary
Founded as a JV between Shanghai Airport Group Logistics Development, Lufthansa Cargo and the Shanghai-based JHJ Logistics Management, Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (Pactl) marked its 25th anniversary by unveiling a forward-looking five-year... more
Ruscon to deliver more agricultural goods
The intermodal operator and affiliate of the Russian Delo-Group recently signed an agreement with Resource to transport agricultural goods to the markets of Asia and the Middle East. The parties intend to develop transport and logistics solutions based on the existing services... more
From Istanbul to Budapest in four days
The new service, which was officially launched last weekend, is operated by Pacific Eurasia as the first private rail operator in Turkey to run an international train. According to the country’s ministry of transport, 600 trains per year are set to transport 750,000 t of export... more
China and UAE to cooperate on port development
On 20 September, the Yangpu Economic Development Zone, Abu Dhabi Ports Group, Cosco Shipping Ports (Abu Dhabi), and Hainan Harbour & Shipping Holding signed an MOU to deepen cooperation between the Hainan Free Trade Port (FTP) and other global free trade zones and ports.... more