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
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
Data to make aviation sustainable
Boeing and Etihad Airways have announced that one of the UAE's flag carrier's B787 Dreamliners will become a "Greenliner", serving as a flying laboratory for testing procedures and initiatives that could further reduce fuel consumption and carbon emissions. Also in... plus
Lineage Logistics acquires Emergent Cold
Lineage Logistics, a large provider of temperature-controlled logistics solutions, has announced that it has signed definitive agreements to acquire Emergent Cold. This acquisition strengthens the company’s leading port presence in the United States and signifies its entry... plus
Growth in heavy duty traffic hits long-time high
At 27.9 billion tkm, freight transport performance on Switzerland’s road and rail networks increased by 2.1% in 2018 compared to the previous year. Road haulage grew by 2.5% and railfreight by 1.4%. The domestic road haulage segment was particularly successful: At 4.7%, it... plus
Turkish Cargo keeps braving the trend
According to the September data of WACD, an international air cargo information provider, the global air cargo brand Turkish Cargo, as the only carrier of the top ten airlines, grew significantly by achieving a tonnage increase of 8.8% in a sector where the global air cargo... plus
Innovation prize for Alstom engineer
For her contribution to eco-friendly transport industrial engineer Saskia Schulz has won the “innovation prize for mobility designers 2019” awarded by the Allianz pro Schiene. With her team, the Alstom employee developed a concept for the world’s first hydrogen filling station... plus
Rhenus extends home delivery service in UK
Rhenus Home Delivery has been appointed sole carrier for all two-man home deliveries by the design-centric furniture company Swoon. Since joining the home delivery market in 2017, Rhenus has gone from strength to strength, winning contracts such as Swoon as a result of its good... plus
Short sea fleet on a green wave
The Arkon-Shipinvest shipping company, a joint venture with Rhenus, is expanding its fleet of approx. 120 units. The plan is to set up an own ecological short sea fleet. The group has placed orders for the first four environmentally-friendly vessels known as ‘Hanse Eco Short Sea... 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