Vietjet prepares for more cargo volumes
Vietjet reports consolidated revenue of VND 12,875 billion (approx. USD555 million) for 2021, with an after-tax profit of VND 80 billion. The privately held carrier, which will pay a 20% stock dividend, has bounced back and expanded its flight network (76 aircraft flying to 44... plus
ASL expands its assets
The Hong Kong-based carrier Asean Seas Line (ASL), founded in 2011, is planning to expand its fleet. Four newbuilds with a capacity of 1,100 teu each will be launched at China State Shipbuilding Corp's leasing unit, CSSC Shipping. CA Shipping, the Hong Kong-incorporated... plus
Kale achieves milestone at Air Cargo India 2022
Kale Logistics Solutions (Kale), an IT partner to the global logistics industry, has signed an agreement with its one hundredth airport cargo station, GMR Cargo Hyderabad International Airport (GHIAL), delegates heard at the provider’s media briefing at the Air Cargo India 2022... plus
Exposing the blind spot
Volvo Trucks is introducing a new safety system to detect other road users entering the blind spot on both sides of the truck. The system uses a dual radar on each side of the truck to detect other road users – such as cyclists. When someone is in the blind spot zone, the... plus
DHL investing AUD 17 million at Brisbane airport
DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, held a ground ceremony for its new 4,880 sqm facility in Brisbane Airport this week. DHL Global Forwarding is investing AUD 17 million (EUR 11 million) over ten years in the new facility, which... plus
CDB Aviation strengthens partnership with Avianca
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (“CDB Leasing”), has signed new lease agreements with Aerovías del Continente Americano Avianca (“Avianca”) for two Airbus A330-300 passenger-to-freighter (“P2F”) and one A320neo... plus
New locomotive type for Hungary
The first e-hybrid shunting locomotive to be manufactured for Rail Cargo Hungaria (RCH) has arrived in Hungary. The unit was developed by CRRC Zhuzhou Locomotive and optimised for RCH’s logistics tasks in accordance with the company’s specifications. Now, the vehicle will be... plus
Stable deterioration of reliability
The Copenhagen-based maritime consultancy Sea-Intelligence reports that global schedule reliability is continuing its trend of 2021. In April 2022, schedule reliability declined further by -1.3 percentage points compared to March and was down by -4.7 percentage points compared... plus
Swiss cross joins birds
Swiss Worldcargo is entering the joint business agreement signed in 2016 which sees its "sisters" Lufthansa Cargo and Cathay Pacific cooperating closely on international lanes via their hubs, while the handling of cargo in Hong Kong is coordinated under one roof at the... plus
Direct Vietnam - Moscow service introduced
Trans Container has launched regular service to ship consumer goods from Vietnam to Russia via the Zabaikalsk border-crossing point. The overland journey covering more than 10,000 km from Hanoi to the Moscow region takes about 35 days. This is Trans Container's first direct... plus