ZTO tackles tough environment
The Chinese CEP services provider ZTO Express, founded in 2022 and listed on the Shanghai stock exchange, has reported its unaudited financial results for Q3/2022. Parcel volumes grew by 11.7% compared to the same period in 2021, with 6.4 billion parcels handled. The company... plus
JAL implementing drones to support island life
JAL has concluded a drone project agreement with the town of Setouchi-cho, on the island of Amami in the Kagoshima prefecture at the southernmost tip of Japan. The undertaking studies the transportation of relief goods to isolated communities in times of natural disasters and... plus
Northwestern Russian terminal doubles capacities
The company TransContainer (part of Delo Group) has completed the renovation of its terminal at the Kirov Kotlassky station. Renovation continued from 2020 through 2022. The terminal kept operating and marshalling container trains on a regular basis throughout that period. As... plus
German network names new board members
The members of the Central German Logistics Network (Netzwerk Logistik Mitteldeutschland, NLM) elected two new board members to their five-member governing body at their general meeting. They are Nicole Uhlmann, sales manager of the company Emons-Rail-Cargo and terminal... plus
Waberer’s ownership reshuffled
The Hungarian trucking and logistics company Waberer’s International has published notifications received from MHB Optimum, High Yield Vagyonkezelő and Ferenc Mike (the sole owner of MHB Optimum) on changes in the number of shares held by them after the closing of the public... plus
Saab stepping back from port management
Saab is selling most of its shares in Maritime Traffic Management (MTM), a provider of management solutions for vessel traffic, ports and terminals. The shares will be purchased by funds advised by Agilitas Private Equity, for an enterprise value of approximately EUR 40 million.... plus
"Curiosity of the Day"
M. de Voltaire (born François-Marie Arouet) and Denis Diderot were discussing god. “If god didn’t exist, he would have to be invented,” Voltaire proposed. To which Diderot replied: “That’s exactly what’s been done.” plus
MGH renews RA3 certification
Madagascar Ground Handling (MGH) has renewed its certification for a period of two years as an ‘authorised agent for third countries’ (RA3) for the handling of freight for shipment to European Union member states. This certification, now valid until 3 August 2025, comes after... plus
US forwarder broadens range
A. Duie Pyle, a 98-year-old family-owned and operated provider of supply chain solutions, is bringing its services to the US state of West Virginia. The company is expanding its supply chain solutions to strengthen routes and goods transport. The service move into West... plus
CEO confirmed at the helm until 2026
The supervisory board of Trans-o-Flex Expressdienst has extended the contract with its CEO Wolfgang P. Albeck (centre) early, prolonging it by another two years to 31 March 2026. Albeck took over as CEO in 2017. “The company has been successful since Albeck joined the... plus