Yang Ming posts historic profit 
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... more
10 x ONE
Singapore-based Ocean Network Express (ONE) has ordered ten large containerships with a capacity to carry more than 13,700 teu each, to be delivered in 2025 and 2026. This order is in line with the company's medium-term strategy, announced in March 2022, and follows on from... more
Broad-gauge network fully electrified
Indian Railways is working in mission mode to become the largest green railway in the world and is moving towards becoming a net-zero carbon emitter before 2030. Its affiliate, Central Railways, has achieved 100% railway electrification on all of its 3,825 km of broad-gauge... more
Greater visibility for Menzies thanks to Wipro
Wipro Limited, a technology services consultancy, has been chosen by Menzies Aviation, the world’s largest aviation services firm, to transform its air cargo management services. Wipro’s cargo handling options will provide greater visibility of cargo location to both Menzies... more
Takeover expands event logistics portfolio
Estes Forwarding Worldwide (EFW), a US domestic and international forwarder that specialises in customised logistics and warehousing solutions, has acquired Legacy Logistics, a trade show and event logistics provider headquartered in Pennsylvania (USA). The acquisition... more
Christening the new king of capacity
Most of the general managers concerned held speeches welcoming the first ship of the 24,116 teu ultra-large containership series at a christening ceremony which was held on 9 March 2023. Other representatives signed the delivery document. This vessel was built by Bank of... more
New record for PSA Singapore
PSA Singapore has compared the results of the financial years 2022 and 2021. In 2022, it achieved a new record in container throughput measured in teus since PSA Jurong Island Terminal began operations in 2012. On 31 December 2022, PSA Singapore recorded an annual volume of... more
Zeaborn to implement Shipin's Fleetvision
Zeaborn Ship Management, a third-party ship manager based in Hamburg and Singapore, will use Shipin Systems' patented Fleetvision to enhance its structures, transparency and efficiency, achieve better results and thus improve customer service. Zeaborn's senior vice president... more
GW continues upward trend
Gebrüder Weiss (GW), based in Austria, closed 2022 with a turnover of EUR 3.01 billion, 18% up from 2021, and thus continued the positive trend of recent years, the logistics company said. The land transport division posted EUR 1,479 million in sales (+16%). The home... more
Dachser expands in Australia and New Zealand
By taking over air and sea freight forwarder ACA International, Dachser is adding six locations Down Under to its own air & sea logistics (ASL) network. With this acquisition, Dachser extends its coverage in this segment to Australia and New Zealand, countries that are... more