Russian Global Ports prevails
Russian terminal operator Global Ports has reported its results for 2020. Consolidated marine container throughput went up by 6.6% year-on-year to more than 1.5 million teu against a 0.8% year-on-year decline in the Russian container market over the same period. Marine Bulk... plus
L’heure des spécialistes
En 2020, le fret aérien sur les aéroports européens a baissé de 11,8% comparé à 2019. Un chiffre élevé de prime abord, mais relativisé par le trafic passagers (–70,4%). S’y ajoute que le secteur est rentable. Mais pendant combien de temps encore? plus
Switch from road to rail cuts CO2 by two thirds
Dalli is taking the next step in its sustainability strategy by switching the majority of deliveries from its Romanian production site to Germany and Belgium from the roads to the railways. It is cooperating with the Austrian full truck-load specialist LKW Walter on the... plus
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... plus
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... plus
Overland transport – quicker and cheaper
Concor, a specialist for containerised rail transport in India, and Russian Railways Logistics (RZDL) have signed an MoU to cooperate in promoting intermodal transport in the international north–south overland transport corridor. The agreement enables players to transport cargo... plus
Further expansion in China
Just like other players, Seko Logistics also wants to expand its footprint in China, with its new investment partner, Ridgemont Equity Partners, backing the plans. Thus Seko opened an office in Qingdao in February, which will be followed later this year by the expansion of its... plus
“Re-setting” Europe–Australia air cargo routes
Consol Alliance, an Australian wholesaler founded in 2011, and the recently-formed airfreight consolidator Wholesale-by-Vels, have entered into a strategic partnership to develop trade air cargo business on the Europe-Australia route.Initially, the alliance will operate weekly,... plus
CFO for CIS
The USA's Cass Information Systems (CIS), a provider of information and payment management solutions, has named Michael J. Normile (photo) as executive vice-president and chief financial officer. He succeeded P. Stephen Appelbaum, Cass EVP and CFO since 2006, who will help... plus
Vaccines from Belgium distributed in South Korea
Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain storage, were packed in Belgium for their journey, and... plus