K+N: less traffic, more profit
The Schindellegi (Switzerland)-headquartered Kuehne + Nagel Group stuck to profit instead of volumes in Q3/2020. While net turnover and ebit decreased over the first nine months of 2020 with CHF 14.8 billion (-5.7%) and CHF 790 million (-5.9%), ebitda with CHF 1.4 billion was... plus
Alibaba teams up with ZIM
The carrier ZIM and the Chinese online firm Alibaba.com have entered into a cooperation agreement for the direct purchase of sea freight, improving logistic services to the Alibaba.com platform sellers. Under the agreement, ZIM provides sea freight and services through a direct... plus
MSC bridged the gap first
The Swiss MSC Mediterranean Shipping Company has discharged cargo originating in the United Arab Emirates in Israel for the first time since the mid-September agreement to normalise relations between the two countries. The container ship MSC "Paris”, operating on MSC’s... plus
Dutch Den Hartogh grows in Asia
Den Hartogh has acquired the majority shares of Shanghai Xintao Dangerous Cargo Transportation (XT Logistics). This JV will significantly increase Den Hartogh’s capability to provide end-to-end chemical logistics services in China and own and operate an initial domestic fleet of... plus
IRU urges to lower drivers’ minimum age
The International Road Union (IRU) is calling on governments to lower the minimum age for professional drivers to 18 in all sectors. This simple measure will ease long-term driver shortages by guiding school leavers directly into professional training, helping combat youth... plus
ONE widens Latin American network
The Japanese alliance of container shipping companies, Ocean Network Express (ONE), has enhanced its new service to the West Coast of Latin America. The rotation now also includes Rodman, Panama, as a port of call on its EC1 US East Coast Service. Via this, the route links... plus
Another charter service from China to Frankfurt
Amidst gradual recovery of production and still limited cargo space owing to the reduced number of passenger flights, Dachser Air & Sea Logistics is operating charters to cope with the expected high demand in Q4. From mid-October until the end of 2020, a B747-400F will... plus
Fedex: ambitious plans in the Philippines
The US-American company Fedex is investing around USD 30 million into its new main facility in the Philippines in Clark. Clark is a redevelopment of a former US airbase located in the Pampanga province, in the Central Luzon region of the Philippines, lying on the northern shore... plus
First freight locomotive in India to run 120 kmph
Alstom-built 12,000 HP electric locomotives have been officially approved by the Indian ministry of railways and RDSO to run freight trains at a maximum speed of 120. Earlier this year, Indian Railways began inducting the WAG 12B e-locos, which are the most powerful... plus
Race horses as first guests on Southern African service
The Hong-Kong-based neutral air cargo broker and virtual airline Aero Africa launched its inaugural cargo flight on its new weekly scheduled freighter service Johannesburg - Mauritius - Johannesburg last weekend, on 10 October 2020. The B737-300F flew from JNB to MRU with 18... plus