Obligatory sale of Long Beach terminal pays off 
The decision of the committee on foreign investment in the United States to make Orient Overseas International (OOIL) sell its stake in Long Beach happened at the right time - for the seller. Since China’s Cosco Shipping acquired a majority stake in OOIL in July 2018, the US... plus
Globaltruck expands its fleet by 101 trucks 
In 2019, Globaltruck increased the trucking freight turnover in Russia by 5.8% compared to 2018 and posted 247 billion tkm. The average number of operated trucks in 2019 grew by 101 or 8.1% y-o-y, and reached 1,346 units versus the 1,245 units operated in 2018. The total... plus
First freighter for Sun Country in landing approach
In December last year, the American LCC Sun Country Airlines formed a partnership with Amazon Air for the operation of ten B737 converted freighters (see ITJ 05-06/2020, p. 18). It seems that one of these aircraft will arrive shortly. At any rate, a B737-800BCF, which, in... plus
USA-Canada border controls as example
All borders in the EU currently remain open for freight transport. Between Canada and the USA there are restrictions on people crossing the border but the controlled maintenance of road and rail freight is guaranteed. The International Federation of Freight Forwarders... plus
Hapag-Lloyd appoints new executive in Asia
Hans Schäfer, current managing director global sales in the group’s Hamburg headquarters, will assume the position of senior managing director of Region Asia, as of 1 July 2020. Schäfer will replace Lars Christiansen, who will resign from his position effective 30 June ... plus
ONE extends network to and in North Africa
The European branch of the Ocean Network Express, the Japanese container shipping conglomerate headquartered in Singapore, is extending its footprint in North Africa. The carrier has appointed two new third-party agents - the Algerian branch of the Spanish Romeu Group and... plus
ESR strengthens activities in Australia
ESR, a large APAC focused logistics real estate platform, has launched the ESR Australia logistics partnership (EALP), a new Australian-focused, core-plus logistics cooperation. EALP is seeded with AUD 715.6 million (USD 431.1 million) of prime logistics assets currently held on... plus
Innovating in "an extremely difficult time"
Observing that "this is undoubtedly an extremely difficult time for our airline with a significant reduction in capacity due to reduced travel demand," Air New Zealand general manager cargo Rick Nelson mentions the introduction of innovative measures to keep Kiwi... plus
On the way to first heavy-duty fuel cell trucks
Toyota and Hino have agreed to jointly develop a heavy-duty fuel cell truck and to proceed with initiatives toward its practical use through verification tests and other means. The two companies are developing ecological electric vehicle technologies for widespread use. In... plus
Little surprise: remote maritime surveys booming
The impact of the global pandemic has reinforced the value of remote survey services in the shipping industry. With some 15,000 surveys and inspections undertaken since the launch in October 2018, DNV GL sees a milestone in the digitalisation and integration of its class... plus