A good year for Frasers Property 
Frasers Property Industrial, a manager of logistics estates in Europe and Australia, reports earnings before interest and taxes of EUR 244.3 million for 2023. Its portfolio consists of 165 properties in five countries, mainly in New South Wales, where its eight projects... more
Partners for Canadian exports to Asia
Flexport, a global provider of supply chain technology, and Calgary-based Westjet Cargo have signed an agreement to offer new airfreight solutions for Canadian exports into Asia. Utilising the network of Westjet’s wide and narrow-bodied aircraft and its newly introduced... more
E-trucks not only for eco-sensitive customers
Bolloré Logistics India has added two new electric vehicles to its fleet in Mumbai & Bangalore. Ideal for intra-city pick-ups & deliveries, these vans save the company more than 3,500 litres of diesel. The vehicles are primarily used to deliver goods to environment... more
Icao and Iaea to deepen cooperation
Icao and the International Atomic Energy Agency (Iaea) have agreed to enhance their cooperation around the transport of radioactive materials by air, notably to improve the efficiency and speed of these shipments that are vital for cancer care and other medical uses around the... more
DHL Express at Asia's crossroads
DHL Express has opened its expanded Central Asia Hub (CAH) in Hong Kong. DHL Express has invested EUR 562 million in the facility since it was founded in 2004. It now handles almost 20% of the company’s global shipment volume, a six-fold increase since 2004. Air freight... more
Yang Ming: profit amidst shipping slump
The Taiwan-headquartered carrier Yang Ming reported a consolidated revenue of NTD 35.9 billion (USD 1,160.72 million) in Q3/2023. Net profit amounted to NTD 2.81 billion (USD 90.73 million). For the first three quarters of 2023, the consolidated revenue was NTD 107.9 billion... more
MOL & Kyuden launch LNG ship "Reimei"
Mitsui O.S.K. Lines (MOL) and Kyushu Electric Power (Kyuden) have introduced "Reimei", a Panamax coal carrier powered by LNG, which began operations on 14 November 2023. Launched at Namura Shipbuilding's Imari Shipyard, "Reimei" serves to transport coal to... more
Linking up with Indonesia's e-commerce market
Singapore Post and Pos Logistics have signed an MOU concerning cross-border logistics with Indonesia. With the Indonesian e-commerce market growing to USD 67.30 billion by 2027, the partnership aims to find ways to keep supply chains to and from the country efficient. It will... more
Safari Express Cargo opts for Octogen
Safari Express Cargo, an international airline based in Nairobi, Kenya, has taken a step towards enhancing its cargo management capabilities by partnering with Cargo Flash Infotech, a provider of air logistics IT solutions. This strategic collaboration gives Safari Express... more
Train service to Irkutsk region introduced
Transcontainer and Ruscon are planning to offer regular intermodal transports of oilseeds to Eastern Siberia. Over three months, pilot trains already delivered 448 teu oilseeds to the Irkutsk region. Now, the two Russian companies want to increase the frequency of services to... more