BUD Cargo City gains another lessee 
The Austrian logistics services provider cargo-partner will lease facilities at BUD Cargo City, the forwarding hub at Budapest airport, which will open at the end of 2019. The hub will comprise 7,500 sqm of storage space as well as offices. The airport is investing EUR 32.6... plus
Hermes Logistics Technologies augments teams
Hermes Logistics Technologies (HLT) is continuing to expand its teams in India and the UK as its flagship cargo management system, Hermes 5 (H5), is adopted by cargo ground handlers, airlines and airports across the globe. Yuval Baruch, CEO, HLT: “We are growing our teams in... plus
Trade war still makes no impact on world trade
The flash estimate for the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) rose to 138.8 in January from 137.7 in December 2018.... plus
US president backs Boeing's footprint in Vietnam
On the fringe of the summit between US president Donald Trump and the North Korean leader Kim Jong-un in Hanoi, two privately-held Vietnamese airlines have signed big airplane orders with Boeing. Vietjet has purchased 100 additional B737 MAX airplanes, taking its MAX order... plus
Launching new train on Silk Road
Metrans, part of HHLA, will launch a new intermodal service along a section of the new Silk Road, running from Malaszewice (Poland) to Ceska Trebova (Czechia), from 10 March 2019, with two roundtrips a week. This regular connection will offer significant time and cost... plus
“Curiosity of the Day” 
The smallest flying insect is the African parasitic wasp, which at 0.129 mm is smaller than the eye of a housefly. plus
Ceva cuts debts and raises revenue
Ceva Logistics has reported its results for Q4/2018 and full year 2018. Revenue rose to USD 7.35 billion in 2018, 5.2% more compared to the previous year. The group’s ebitda was USD 198 million in 2018 with an ebitda margin of 2.7%. Net debt was down to USD 1.19 billion as... plus
Air New Zealand and Red Cargo to interline
Red Cargo Logistics, the cargo and logistics platform of Malaysia-based Air Asia, has signed an interline agreement with Air New Zealand to expand and provide market access to its respective cargo businesses. The partnership, the first of its kind for Red Cargo, provides shared... plus
K+N banks on improvements via eTouch up to 2022
The strategy of the forwarding & logistics giant Kuehne+Nagel (K+N) remains multifold, as CEO Detlef Trefzger and CFO Markus Blanka-Graff pointed out during the company's annual press conference in Schindellegi (Switzerland). The 2018 turnover came in at just below the... plus
Un centre pour le trafic export
Lorsqu’en 2016 la société de chemin de fer CP Carga (groupe MSC) a été rebaptisée Medlog (respectivement Medway au Portugal) il y a eu quelques critiques. La société renouvelée investit pourtant beaucoup, notamment à Vila Nova de Famalicão. plus