U-Ming secures USD 45 million loan
U-Ming Marine Transport Corporation, a publicly listed bulk carrier company headquartered in Taiwan, has secured its first sustainability-linked loan (SLL) of USD 45 million with E.Sun Commercial Bank. For this purpose, U-Ming underwent a rigorous due-diligence process that... plus
Fresh segments to offset decline in cargo
At 5.6 billion EUR (-0.9%), the Dachser Group's turnover remained stable in 2020, yet saw a downturn in the volume of goods transported. The number of shipments at group level fell by 2.5% to 78.6 million, while tonnage fell by 2.9% to 39.8 million t. The family-owned company... plus
Air freight director for Asia Pacific
Geodis has promoted Yigit Saricinar to regional air freight director, Asia Pacific (APAC). He will join the company’s regional management board, reporting to Onno Boots, Geodis’ regional president and CEO, APAC. Saricinar has 15 years of experience in the air freight... plus
Logistics marathon continues
42 days after the first doses of Covax, the global mechanism for equitable access to Covid-19 vaccines, were shipped and delivered internationally, to Ghana, more than 38 million doses of vaccines from AstraZeneca, Pfizer-BioNTech and Serum Institute of India have now been... plus
Just ten days from China to Germany
Cutting the journey from 17 to between 10 and 12 days: DHL and Xi'an International Inland Port Investment & Development Group have launched the fastest rail service yet and shortened total transit time by travelling through the Mamonovo-Braniewo railway border between Russia... plus
Bridgeheads in Asia soon operative
The Danish Leman Group, founded 120 years ago, has changed its China policy, banking on own offices instead of representatives. Until now, the company has been running transportation solutions to and from Asia via an agent network. Five new locations will be operative from... plus
Heavy haul locomotives for industrial sites
Russia-based Sinara produces shunting and clean-up diesel locomotives for raw material producer Cemix. The TEM9 locomotives will be involved all along the production chain, from the extraction of raw materials to the shipment of finished products at two industrial sites of the... plus
Zim's Pacific service up and running
Haifa-based carrier Zim is launching a New Zealand to Australia service that connects with links to and from China and offers a 15-day transit from Shanghai to Auckland and a 16-day service from Yantian to Auckland. The ports of call are as follows: Melbourne – Sydney –... plus
CEIV Pharma for Taiwanese logistics providers
EVA Air and Evergreen Airline Services (Egas) both earned Iata CEIV Pharma certification. It verifies the highest standards in the companies' cold chain air and ground service operations at Taipei airport (TPE), which Egas introduced in 2018. It also distinguishes EVA as one of... plus
Between Malaysian doors
Maskargo, the logistics division of Malaysia Airlines, has signed a partnership of excellence with DHL Express (M) to launch a new service - "MH Door-to-Door". Available to the public from 24 April, MHD2D is a door-to-door delivery service which uses a web portal to... plus