Physical and digital expansions in Frankfurt
Lufthansa Cargo is expecting the first of two converted A321F (28 t payload) in Frankfurt. Last weekend, the aircraft was flown from Singapore to Munich, where the technical transfer to Lufthansa Cityline will take place. Air Canada Cargo has increased handling capacity at... plus
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... plus
ONE's volumes on the rise
The Japanese carrier Ocean Network Express, which is headquartered in Singapore, forecasts strong results for 2021. In Q3/2021, ONE's profit increased to USD 4.9 billion compared to the same period last year (+USD 3.945 million) mainly due to the rise in the spot freight market.... plus
Changes at Mitsui O.S.K. Lines
Mitsui O.S.K. Lines, (MOL; president & CEO: Takeshi Hashimoto) is planning several promotions in its management team. The changes are subject to approval at the annual shareholders’ meeting which will be held on 21 June 2022. MOL will establish the position of “group... plus
Bengaluru 2021: highest-ever cargo tonnage
Kempegowda Intl Airport, Bengaluru (BLR Airport) handled an all-time high tonnage of 406,688 t of cargo in 2021, recording a significant growth of 28.6% versus 316,305 t in 2020. International cargo recorded an increase of 32.8% with 265,873 t handled, as compared to 200,209... plus
Gazprom trials LNG-powered locomotive
Sinara Transport Machines Holding (STM) has received the Russian certificate of conformity for the TEMG1 shunting locomotive with two power plants running on liquefied natural gas (LNG). The new locomotive has successfully passed all the necessary certification tests for... plus
Fiege extends its Dutch location
Fiege started building a new warehouse in Zaandam, North of Amsterdam (the Netherlands), in October last year. The 43,000 sqm logistics hub is scheduled to be completed by August 2022. Both the general contractor, Goldbeck Nederland B.V. and Clarion Partners Europe, an... plus
Duluth back to pre-pandemic levels
Inland navigation through the Saint-Laurence River and the Great Lakes is also getting back to normal. Throughput in the Port of Duluth-Superior climbed to 32.9 million t in 2021, an increase of 27% compared to 2020 and a 2.3% improvement over the five-season average. 20.4... plus
China Airlines: Building on cargo success
China Airlines is purchasing four more new Boeing 777F freighters, which will eventually bring the fleet to ten aircraft in total. The deliveries are slated to commence in 2023 and six 777F freighters have progressively entered service since 2020. China Airlines is the fifth... plus
CN picks Tracy Robinson
CN (Canadian National) has appointed Tracy Robinson as president and chief executive officer and as a member of its board of directors, effective 28 February 2022. This appointment follows the previously announced retirement of Jean-Jacques (“JJ”) Ruest. Robinson, who will... plus