Inaction risks wave of bankruptcies
New research of the International Road Union (IRU) reveals the continuing catastrophic impact of Covid-19 on the commercial road transport industry, with a very high default and insolvency risk across the sector worldwide. Ranked on a risk scale from one to ten, all regions... plus
Baltic Exchange's air freight indices take off
The Baltic Exchange, which already provides benchmark assessments for the maritime markets, has launched weekly air freight indices. As announced earlier this year, it has partnered with Hong Kong-based air cargo pricing publisher TAC Index, published since 2016, and the new... plus
A French coup and a new split
The internationalisation of the Versmold (Germany)-headquartered Nagel-Group, which started about twenty years ago, is undergoing a reshuffle. Under the direction of group's new CEO Carsten Taucke, a part of the network is to be sold: the French provider of... plus
Upward trend in hinterland traffic confirmed
Good news from the international association of ports and harbours WPSP Covid-19 task which has released its fourteenth report since April and the initial global outbreak of Covid-19, based on the data of 73 world ports. The most significant result of the survey is the... plus
One month to go for MAP candidates
The US Federal Aviation Administration (FAA) will accept applications from airport sponsors through 17 December 2020, under the fiscal year 2021 military airport programme (MAP). The MAP, for which the FAA has funded approximately USD 753 million since 1991, provides funding... plus
ICC decides for DIT
The ICC Arbitral Tribunal ruled on 13 November 2020 that a new call for tenders must be launched for concessions for the port of Douala in Cameroun - including the port and terminal operator Douala International Terminal (DIT), a subsidiary of APMT and Bolloré Groups. The... plus
Twelve UK logisticians of the year
Twelve of the UK’s finest logistics businesses celebrated last week after being recognised as the 'best of the best' at the 2020 Logistics Awards of Logistics UK (a trading name of FTA), sponsored by the Port of Dover. The awards celebrate supply chain leadership and... plus
First transport of coke to Italy completed
PKP Cargo International has transported the first train hauled by a multisystem locomotive with a load of 1,220 t of coke from Ostrava in Czechia to the Slovenian-Italian border crossing station Villa Opicina. This was the first journey of the carrier’s locomotive on Italian... plus
Gebrüder Weiss remains on course
At a recent event organised by the Aircargo Club Deutschland (ACD), Lothar Thoma, managing director air & sea at Gebrüder Weiss (GW), confirmed that the Austria-headquartered company will continue its expansion strategy. Being currently represented at over 150 locations,... plus
Livestock ex St Louis
St Louis Lambert International Airport (STL) has added livestock as a new type of air cargo. Last week, approximately 200 breeding pigs departed STL for São Paulo VCP. The pigs left the airport aboard an Atlas Air B747-400F. STL director Rhonda Hamm-Niebruegge said that... plus