Russia: railfreight volumes decline
Russian Railways (RZD) shipped 99.4 million t of freight across its network in February 2020, a drop of 0.6% compared to the same period last year. Freight turnover in February 2020 decreased by 2.4% to 197.4 billion tkm and by 2.9% to 251.4 billion tkm when taking into account... plus
Un pont record à Hongkong
Sur le plus grand aéroport fret du monde, Mammoet a «traversé» la piste pour transporter le plus long pont pour piétons jusqu’à sa destination. Il a fallu une planification détaillée pour perturber le moins possible les activités aériennes. plus
VTG grows in Europe and Asia
VTG is expanding its footprint on two international fronts: The Germany-based private wagon rental company and provider of rail logistics services has founded its own branch in Japan and acquired a majority stake in Carbo Rail in Europe. By taking over the Slovak rail... plus
ICTSI takes a satisfying look in the rear mirror
Philippines-based International Container Terminal Services (ICTSI) has published its audited consolidated financial results for 2019. Revenues achieved in port operations amounted to USD 1.5 billion, an increase of 7% in comparison to the year 2018 (USD 1.4 billion). Ebitda... plus
New Central Asian corridor open for TIR
The Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) corridor is now open for TIR transports, according to the international road union (IRU). The corridor offers the shortest possible route between Iran and Kyrgyzstan, with TIR saving up to five days on the usual transit time.... plus
Back to a more "normal" load factor?
Market analyses by Clive Data Services for February show that conducting a basic year-on-year comparison of airfreight volumes would have produced a decline of close to 2%. However, adjusting the analyses for the early Chinese New Year (-3%) and the Leap Year, with an extra day... plus
Unctad's analysis of the coronavirus impact
Unctad also claims that it is too early to gauge the full economic and trade effects of the Coronavirus outbreak. However, shipping data, based on real-time observations of vessel positions (AIS) and information about the cargoes aboard those ships, already shows a change in the... plus
SCF pushes its LNG strategy in the French name
The Russian shipping company's (SCF Group) latest LNG carrier was recently named "SCF La Perouse", after Jean-François de la Pérouse, a French explorer of the Pacific. The cargo capacity of the vessel is 174,000 cbm. The vessel features a slow-speed dual-fuel X-DF... plus
Declining volumes, but waiting for virus impact
According to Iata, global air freight demand decreased by 3.3% in January 2020, compared to January 2019. Cargo capacity rose by 0.9%, outstripping demand growth for 21 consecutive months. Airlines in Asia-Pacific (-5.9%) and Europe (-3.7%) suffered sharp declines, while North... plus
New service launched by Interasia and Wan Hai
Interasia Lines, based in Japan, is launching a two-weekly new South China to Vietnam and Thailand service (CV6) in conjunction with Wan Hai Lines. The service will become operational in early March. Interasia Lines shall jointly deploy one vessel with Wan Hai Lines... plus