ZIM also improves its results in 2019
The Haifa (Israel)-headquartered ZIM Shipping Integrated Services is one of the carriers that saw improved earnings in the course of 2019, getting close to balanced financial results. Reporting on the first nine months of 2019, ZIM transported 2.1 million teu, a decrease of 3.5%... plus
NCA to suspend RTW service
Since this summer schedule, Nippon Cargo Airlines (NCA) has reinstated the use of all eight B747–8F under the direct operation of NCA. As part of the carrier's fundamental corporate policy to maintain a safe and reliable operation, NCA will optimise the flight network to... plus
Australia's trucking industry rejects tax increase
Australia’s trucking operators have unanimously and emphatically rejected a proposal to dramatically increase the truck fuel tax and registration charges. The decision was made at the meeting of the Australian trucking association (ATA) general council, ahead of a transport... plus
More capacity and new cargo platform
Cebu Pacific has signed a firm order with Airbus for 16 long-range A330neo. The order firms up the wide-body portion of a previously announced MoU, which also includes commitments for ten A321XLR and five A320neo single-aisle aircraft. It concerns a higher-capacity version of... plus
Second Luxembourg-Jakarta service
Cargolux, whose fly-in this afternoon, 21.11.2019, will mark the official opening of the BUD Cargo City in the Hungarian capital, has launched a second weekly frequency to Jakarta. This additional flight complements the original weekly flight launched in June. Success... plus
Bolloré Logistics signs contract with CFM
Bolloré Logistics India has signed a contract for aircraft engine transportation including customs clearance documentation with CFM Aircraft Engine Support South Asia at the Dubai Airshow. The contract was signed between Karthigeyan Ramaswamy, managing director, CFM Aircraft... plus
New gondola type speeds up freight car turnover time
Russia’s largest manufacturer of freight cars, United Wagon Company (UWC), has won certificates for two models of six-axle articulated gondola car running on bogies with a 25 t axle load. The increased load per unit length capacity makes it possible to raise the network carrying... plus
Kerry Logistics wins award
Kerry Logistics has won the titles of “Asia Pacific logistics service provider of the year” and “Asia Pacific road freight service provider of the year” at the 2019 Frost & Sullivan Asia Pacific best practices awards which were presented in Singapore. This marked the third... plus
Deeper in the red: Yang Ming results in Q3
Keelung-founded Yang Ming Marine Transport witnessed lower revenues and a larger loss in Q3/2019 than in the same period last year. Operating revenue during the third quarter of 2019 amounted to 37.78 billion NTD (New Taiwan Dollars, USD 1.22 billion), a decline of 2.4% from USD... plus
Japanese forwarder to launch unified IT platform
Yusen Logistics, which based in Japan, will introduce a new unified supply chain management IT platform on 2 December 2019. The new system provides real-time tracking and advanced supply chain management within a modular architecture. This is part of the company's digital... plus