IMO launches study on future fuels
The International Maritime Organization (IMO) has launched a project to provide technical analysis concerning the feasibility of pathways for the decarbonisation of shipping. The study is called "Future Technology and Fuels for Low or Zero Carbon Shipping”. This project... more
Fedex Express picks Maribeth Espinosa
Fedex Express, a subsidiary of Fedex Corp. and one of the world’s largest express services companies, has appointed Maribeth Espinosa as the new managing director of Fedex Express Philippines. In her new position, Espinosa will lead a team of more than 1,000 members and will... more
Aero Africa welcomes Samuel Geevarghese
Aero Africa has appointed Samuel Geevarghese as regional head, Middle East and India. Geevarghese has over two decades of experience in the air cargo industry. He has held major key positions in operations, customer service, sales, and management roles. Geevarghese started... more
CargoAi launches Cargowallet
CargoAi is launching Cargowallet, a modern payment solution for air cargo with supply chain financing capabilities, allowing freight forwarders to make payments for their air cargo shipments directly within the Cargomart booking flow. Cargowallet’s key USPs for freight... more
Trialling a solar energy powered truck
Geodis has joined hands with Volvo Australia to pilot the first fully electric (FE) variant truck for freight forwarding within Australia. The vehicle is powered by both solar energy and energy-efficient charging systems. Geodis will be assessing factors, including the... more
Teleport picks Wexco Group as GSSA in Australia
Wexco Group, Australia’s longest-serving GSSA, has signed a contract with Teleport, the logistics venture of Capital A (formerly known as Air Asia). It covers three airlines for all belly capacity originating from Australia and New Zealand. The contract puts the ECS Group... more
Rail-sea service to the East launched
Ruscon and Sakhalin Shipping Company (Sasco), both part of Delo Group, have launched a joint multimodal service on the Moscow-Vladivostok-Korsakov-Magadan route in Russia. Trains from Ruscon's own terminal at Kresty station (Moscow) depart for Ugolnaya station (Vladivostok)... more
HMM also sees the tide turning
South Korea-based carrier HMM has reported its 2022 results as the last of the big shipping companies in line. Revenues of USD 14.5 billion (+34.7% compared to 2021) stood against a net profit in 2022 of USD 7.9 billion, an increase of 34.8%. Despite a 3.5% decline in... more
Silver for haulier’s environmental efforts
Kerry Logistics has won the Silver Award in the transport and logistics category at the Hong Kong Awards for Environmental Excellence for its outstanding green leadership, effective environmental programmes and efforts in encouraging its partners to implement environmental... more
Vessel S&P service backed by Baltic Exchange
Squire Patton Boggs (SPB), a Cleveland (OH, USA)-based international law firm with 42 offices in 20 countries, has partnered with The Baltic Exchange, owned by the Singapore Exchange (SGX) Group. The contribution of the company, which achieved a turnover of over USD 1... more