New standards for containers 
BIC (Bureau International des Containers) and DCSA (Digital Container Shipping Association) have accomplished a standardisation of codes used to identify facilities such as depots, container yards, M&R vendors and other supply chain container facilities. The... plus
"Big Brown" works with "Bikini" carrier
Vietjet, a private Vietnamese carrier whose female flight attendants are known for posing on calendars, and UPS have entered an agreement which they call "historic". It provides Vietjet with access to the integrator's global network via UPS’s "browntails"... plus
K Line listed on DJSI
The Japanese carrier K Line has now been listed on a major index for ESG Investment for ten consecutive years since 2011. The liner has again been selected as an Asia Pacific Index component of the Dow Jones Sustainability Indices (DJSI) that was launched in 1999. The index... plus
More freight and new investment
Calculated in US currency, Korean Air generated a turnover of USD 1.32 billion and an operating profit of USD 6.57 million in the third quarter. It therefore posted a profit in the second quarter in a row – thanks to an increase in freight operating rates (Q2: USD 988... plus
Upward trend in hinterland traffic confirmed
Good news from the international association of ports and harbours WPSP Covid-19 task which has released its fourteenth report since April and the initial global outbreak of Covid-19, based on the data of 73 world ports. The most significant result of the survey is the... plus
Baltic Exchange's air freight indices take off
The Baltic Exchange, which already provides benchmark assessments for the maritime markets, has launched weekly air freight indices. As announced earlier this year, it has partnered with Hong Kong-based air cargo pricing publisher TAC Index, published since 2016, and the new... plus
Inaction risks wave of bankruptcies
New research of the International Road Union (IRU) reveals the continuing catastrophic impact of Covid-19 on the commercial road transport industry, with a very high default and insolvency risk across the sector worldwide. Ranked on a risk scale from one to ten, all regions... plus
Yang Ming returns to profit
Taiwan-based Yang Ming Marine Transport Corporation has reported its figures for Q3 of its financial year, and the first nine months of the year show a return to profitability in 2020.Consolidated revenues for Q3 totalled NTD 38.8 billion (around USD 1.3 billion), up by 2.83%... plus
Gameco's first B737-800BCF completed
The Chinese MRO services provider Gameco has announced the completion of the first 737-800 Boeing Converted Freighter (BCF) at its Guangzhou facility. The conversion was completed on 15 October 2020 and comes roughly four months after Gameco launched its BCF conversion programme... plus
KWE: income up, sales down
The Japanese Kintetsu World Express (KWE) has reported its financial results from the six-month period of its fiscal year ending 30 September 2020. While revenues decreased by 2.9% to JPY 2.5 billion, operating income saw an uptick of 48.5% to JPY 13 billion (USD 124 million)... plus