Chinese and American ports under pressure 
According to the latest flash estimate, the container throughput index released by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) showed yet another significant decrease in December 2019. At 134.1 it is meanwhile... plus
EMO Trans inaugurates branch in Thailand
EMO Trans has announced the opening of EMO Trans Thailand. “We are very pleased to establish an official EMO Trans presence in Thailand as part of our Asia strategy,” Jo Frigger, chairman, says. And Marco Rohrer, president and CEO adds: “We see tremendous potential for growth in... plus
Port Botany railfreight connections on track
Major improvements for freight transportation through the economic gateway of Port Botany in Australia are closer to reality with major firms shortlisted by the Australian rail track corporation (ARTC) to design and construct the Botany Rail Duplication and Cabramatta Loop... plus
Corona virus may trap containers in ports
“The recent position of the Chinese government and provinces to extend the Chinese New Year and impose new restrictions on the movement of people in China has a significant downstream effect on the movement of goods, which raises issues for international freight forwarders... plus
U-Freight sets up e-commerce hub in South Korea
U-Freight Korea has opened a new logistics hub in Incheon to support its growing e-commerce business. The e-commerce fulfilment centre (EFC) will process domestic and cross-border e-commerce shipments for business-to-business (B2B) and business-to-consumer (B2C) fulfilment.... plus
Full steam ahead for On-Dock Rail in Melbourne
The Victorian government in Australia has approved AUD 125 million (EUR 75.5 million) to build a new rail infrastructure at the port of Melbourne. The port’s rail solution will be developed over the next three years. The project includes the construction of a new on-dock... plus
ONE sticks to its course in Q3 of its FY
The Japanese alliance of the three big container lines, Ocean Network Express (ONE), remained in the black in its Q3/2019 as well. ONE's financial year starts in April and lasts till the end of March. The lines finished the quarter with a moderate profit of USD 5 million. In... plus
Baltic Exchange under pressure
As Reuters reported in a recent analysis, the Baltic Exchange’s main sea freight index is currently strongly affected by weaker demand across vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell last... plus
AEI: another conversion for Airwork
Aeronautical Engineers (AEI) has signed a contract with Airwork to provide the New Zealand-based company with an additional B737-400SF freighter conversion. The aircraft represents the 12th AEI B737-400SF freighter conversion for Airwork. All modification touch labour and... plus
EUR 3.3 million tax evasion racket at BOM
The Mumbai Central Commissionerate has unearthed an INR 26 crore tax evasion racket that has been found to be transporting jewellery goods without paying GST. Certain jewellers situated in various Indian cities were supplying gold jewellery studded with or without precious... plus