Unprecedented profits continue
The Copenhagen-based maritime consultancy Sea-Intelligence reported that the eleven largest shipping lines generated combined operating profits of USD 13.3 billion in H2/2020. Results for the large shipping companies remained equally strong in Q1/2021. While the first... plus
Korean Air's longest flight ever
Thanks to Covid-19, Korean Air flew its longest non-stop flight since its establishment in 1969 using one of the 16 passenger planes it has converted into freighter aircraft by removing passenger seats. Flight KE8047, one of 8,300 cargo-only flights Korean Air operated... plus
ONE to certify land operations
Following Ocean Network Express’ (ONE) ISO 14001 certification in marine operations in 2018, the company’s affiliates in Europe and Africa plan to obtain the same accreditation but this time enhancing their environmental performance of landside operations as well. The ISO... plus
XPO Logistics names executives for spin-off
XPO has appointed Eduardo Pelleissone president for the Americas and Asia Pacific regions and Neil Shelton chief strategy officer of GXO Logistics. Their positions will become effective when XPO’s intended spin-off comes on stream in Q3/2021, creating two pure-play industry... plus
Mobiliser toutes les forces
En mai, l’Inde a établi un triste record avec 28 M. de cas de la nouvelle variante de Covid-19 (Sars-Cov2). Le délestage du système de santé indien depuis l’étranger constitue aussi un véritable défi logistique. L’ITJ a discuté avec Mukesh Aghi, président du forum de partenariat... plus
35 new wood chip wagons
VR Group’s Russian subsidiary Finnlog is expanding its rapidly growing operations. The company’s 35 new wagons will be deployed to import wood chips from Russia to the Metsä Group pulp mill in Joutseno, Finland. Finnlog specialises in wagon operating services in eastern... plus
Finnair Cargo chooses CargoAi platform
The worldwide offering of Finnair Cargo is now live on CargoAi. Digital booking services - e-quotes and e-booking - of the Nordic and Baltic region’s largest air cargo carrier are available to forwarders directly via the SaaS platform. CargoAi CEO Matthieu Petot: "We’re... plus
K Line joins ammonia research
Japan-based carrier K LINE and 22 companies from the energy, mining, power utility, chemical, terminal, shipping, shipbuilding, manufacture and bunkering industries as well as classification agencies have established a “joint study” framework for studying common issues on... plus
Fake luxury watches, not "plastic cards"
US Customs and Border Protection (CBP) in Louisville recently halted a shipment, manifested as plastic cards, which was arriving from Hong Kong and heading to Miami. They found a total of 20 Rolex watches deemed to be counterfeit by CBP’s trade experts. All of the watches... plus
Air freight specialists for Aero Africa
Hong Kong-based air cargo management group Aero Africa has welcomed Joey Xu (photo) in the newly-created position of director airfreight Asia, and Gary Tobias as regional operations manager. They will join the management team in China and Southern Africa. Xu will be... plus