Investing in Kumamoto
ESR Group and the Kumamoto prefectural government in Japan have signed an mou with the aim of transforming Yatsushiro City into a key logistics location for the region. Under the agreement, the group will work with the prefecture, the city as well as Mercury Capital to... more
Driving for excellence in sustainability
Lenovo presented Geodis with the ‘Logistics Sustainability Excellence Award’ at its recent annual Global Supplier Conference 2024 in Shenzhen, China, with Chris Cahill (left), managing director, Middle East and Indian Sub-Continent, Geodis, receiving the prize from Golden Xing... more
TGE moves to electrify Australia’s truck fleet
The Australian transport and logistics company has secured an AUD 30 million (EUR 18.5 million) financial commitment from the Clean Energy Finance Corporation (CEFC) to accelerate the electrification of its truck fleet and help drive down the country’s transport emissions.... more
High container demand raises Singapore prices
Recent data from Container xChange indicates a significant rise in container prices and leasing rates at the port of Singapore due to global congestion. From October 2023 to May 2024, average container prices surged by 26%, while leasing rates on routes such as China to the USA... more
Public subsidy for ammonia supply project
Japan Petroleum Exploration, Mitsubishi Gas Chemical, IHI Corporation, Mitsui & Co., and Mitsui O.S.K. Lines have received approval for their survey to establish an ammonia supply base in Soma, Fukushima Prefecture, under the FY 2024 “subsidy for measures to promote... more
Hanoi-Europe train launched
The new service, introduced by Yusen Logistics, is one of the few solutions that uses rail connections between Asean member countries and Europe. Shipments are transported from Hanoi, Vietnam to Chongqing, China by freight trains and transferred to the China-Europe railway... more
China sends more industry-trains to Europe
Last Saturday, 8 June 2024, China-Europe Express Railway dispatched the first, direct express freight train from Shanghai in China to Düsseldorf and Neuss in Western Germany. Over 100 cities in twelve Eurasian countries are now connected to Shanghai by express rail. A new... more
Dongguan: a key air cargo hub
Yusen Logistics has expanded its services at Dongguan Humen Bonded Logistics Park (BLP), which now include handling air import cargoes. This allows for a one-stop solution for imports and exports via Hong Kong International Airport. Previously, Yusen focused on taking... more
Synergies between Doha and Kuala Lumpur
Two years after Malaysia Airlines and Qatar Airways concluded an expanded codeshare agreement to offer increased connectivity to their passengers, the Oneworld partners Malaysia Aviation Group and Qatar Airways Group have further expanded their cooperation with the signing of an... more
Ikea's Indian itinerary
Ikea is expanding in the Indian market with the help of Rhenus Group, a logistics provider with an established local network. More specifically, the furnishing company is aiming for growth in the Dehli National Capital Region. Growing demand for high-end real estate in... more