Start-up taps into freight business
Vietravel Airlines, a start-up launched in January, is considering entering the cargo market with in-house dedicated freighters, building on its current charter agreement with Indonesian carrier My Indo Airlines, covering services between Ho Chi Minh City and Bangkok.... plus
A good year for Yang Ming, too
Taiwan-based Yang Ming Marine has reported its 2020 annual financial results. Consolidated revenues increased by 1.4% to NTD 151.28 billion (USD 5.11 billion) last year (2019: 5.03 billion), while handled volumes amounted to 5.07 million teu. Yang Ming’s profit after-tax... plus
Asian Pacific cargo continues to grow
Preliminary February traffic figures released by the Association of Asia Pacific Airlines (Aapa) showed that a robust export activity amid improving global business confidence boosted demand for air cargo. For the region’s carriers, international air cargo demand, as... plus
A strong year for KLN
Hong Kong-based KLN reported strong results for 2020. China’s Kerry Logistics Network benefited from measures to counter Covid-19. Its revenues increased by around 30% to HKD 53.4 billion (USD 6.9 billion) compared to 2019. Its core operating profit increased by about 20% to... plus
HMM's maiden on tour
The HMM “Nuri”, the first of eight 16,000 teu-class newbuild containerships, started its first voyage from the port of Busan in Korea. The vessel flying the Liberian flag is deployed on the Far East Europe 4 (FE4) route under THE Alliance’s product plan, with the following... plus
Increasing rail capacity for Mid Canterbury
New Zealand’s railfreight carrier Kiwi Rail has signed an agreement with Fairfield Freight Hub, paving the way to increase rail volumes through Kiwi Rail’s current Ashburton rail site and creating the potential for a new container terminal and freight hub outside Ashburton.... plus
Osprey: more than 600,000 hours
The Bell Boeing V-22 Osprey has logged more than 600,000 flight-hours since its first flight over 30 years ago, providing continuous customer support to maintain mission readiness and transport critical cargo and personnel. Built by Bell Textron, a Textron company, and... plus
Un grand pas d’ici 2035
La Chine est une économie planifiée, un fait qui est parfois oublié. Le 14e plan quinquennal comprend un programme ambitieux pour le secteur chinois du transport dont les objectifs sont fixés sur une période de 15 ans. plus
Viaduct near Beska completed
RZD International has laid the last link of the railway track on the viaduct in the Beska area at 51 km of the Stara Pazova - Novi Sad section of the Belgrade - Budapest line. Now this viaduct is finally complete. It intersects the Maradik - Beshka road. Its span structures,... plus
New regional HQ down under
Agility's Australasia regional headquarters has moved to a new 32,000 sqm facility in Melbourne airport's business park. Qanstruct, a Melbourne-based design firm, led the construction of the facility, which took 13 months. The property covers 30,000 sqm devoted to warehousing... plus