Stronger throughput in European ports 
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... plus
Indian newcomer shows cargo ambitions
Akasa Air and Smartkargo have entered a partnership that will digitally enable the launch and growth of the airline’s new cargo business. The Indian-based airline will deploy the Smartkargo solution in all functional areas of its cargo business, serving all its destinations in... plus
La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... plus
West Hutchison named CEO
Vertical Cold Storage, a developer and operator of temperature controlled distribution centres, has named West Hutchison president and CEO. Hutchison most recently was senior vice president of network optimisation/M&A for Lineage Logistics. Prior to that, he was partner... plus
Transpacific services suspended
Geneva-based Mediterranean Shipping (MSC) is discontinuing an entire service due to reduced traffic on transpacific waters, as a "temporary" measure, the shipping line said. The Sequoia service is operated as part of the 2M Alliance jointly with Maersk's TP3 loop.... plus
Cinquant’anni! 
Sisa célèbre son cinquantenaire à Bâle. Sisa en a encore donné la preuve à l’occasion de l’édition 2022 de son Evolution Day: l’avenir se construit sur le passé. L’éventail s’étendait de A, comme l’alpiniste suisse de haut niveau Dani Arnold, à la génération Z. plus
Building on Far East air freight business
Dublin-based global aviation services group ASL Aviation Holdings has posted strong financial results for 2021, with revenues up 24.4% on 2020. The ASL Group, which includes ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France and ASL Airlines United Kingdom in... plus
WFS to be acquired by Sats
Sats has reached an agreement to acquire Wordwide Flight Services (WFS) from an affiliate of Cerberus Capital Management. The transaction is valued at an enterprise value of EUR 2.25 billion and will bring together WFS, the world’s largest air cargo handler with leadership... plus
USD 250 million for logistics real estate in Asia
ESR and its affiliate Logos have completed th finance round for the co-branded Pan Asia Core+ Venture (PACV) and raised USD 250 million in equity commitments in total. This initial raising includes investment from two institutional capital partners in Europe and America: the... plus
Port of Vladivostok posts a rise in imports
Rising cargo volumes have been flowing into the Port of Vladivostok on Russia’s Pacific Coast. According to the port press office, imports have increased by 150% over the last three months. Per month, throughput amounted to approximately 28,000 teu. The container lines that... plus