Singapore MRO company enters freighter leasing market 
Singapore Technologies Engineering's wholly-owned aviation asset management unit has entered into an agreement with Singapore-based global investment company Temasek to set up a 50-50 joint venture for freighter aircraft leasing. It will address the growing demand for freighter... plus
Project logistics market on the upswing
In its "BHV Project Logistics Monitor 2021", Bremische Hafen- und Logistikvertretung (BHV) reports that the majority of Bremen's project logistics companies and their customers are optimistic. For 2021, around 45% of the companies surveyed predict increasing... plus
New rail technology in Eastern Russia
Russian Railways (RZD) is equipping locomotives in Eastern Russia with virtual coupling for synchronised freight train driving. With the new technology, the coordination of the locomotive driving modes takes place via a secure digital radio channel. Currently, over 300... plus
Singaporean acquisition Down Under
ESR has completed the acquisition of 10% of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore for AUD 60.5 million (SGD 62.4 million / USD 46.6 million). This acquisition in Australia marks ESR’s first overseas... plus
Roofing ceremony in Roermond
It's an investment from Singapore in Europe. Frasers Park in the Roerstreek-Noord industrial park in Roermond, the Netherlands, held its roofing ceremony recently. Frasers Property Industrial, which acquired the 50,000 sqm site of in November 2020, is a business unit of... plus
Number of China trains doubled
Railfreight traffic between Asia and Europe continues to grow. Around 878,000 teu were transported on the New Silk Road's various rail corridors in 2020. The International Union of Railways (UIC) assumes that this figure could double by 2025. Metrans is also benefiting from... plus
Smartlynx to provide widebody cargo capacity
Smartlynx Airlines Malta, an EU-based specialist in full-service ACMI aircraft leasing solutions, has extended its Airbus fleet. Currently operating an A320 and A321, the carrier has now added the A330 type as well. Five A330 will be modified to Zero LOPA by removing... plus
Express service for automotive manufacturer
Priority Freight finds a time-critical logistic solution for an automotive manufacturer: The company's plant in Spain required immediate support transporting 2 t of automotive parts from Tianjin, China, in just 48 hours. When the call came in from the customer in Spain on... plus
Kick-off for e-truck trial in New Zealand
Fuso truck is celebrating: After five years of preparation in New Zealand and more than three million km of road testing internationally, six of the world’s first series-produced fully electric light trucks with integrated safety features have now arrived in Auckland. It... plus
Fast China – UK link launched
DHL Global Forwarding has launched a new rail-sea freight solution that will link businesses in China with UK, and vice versa, in 18 to 20 days. Compared to ocean freight that would typically take 40 days, the new service cuts transit time by more than half. Consolidating... plus