China Airlines: Building on cargo success
China Airlines is purchasing four more new Boeing 777F freighters, which will eventually bring the fleet to ten aircraft in total. The deliveries are slated to commence in 2023 and six 777F freighters have progressively entered service since 2020. China Airlines is the fifth... more
CN picks Tracy Robinson
CN (Canadian National) has appointed Tracy Robinson as president and chief executive officer and as a member of its board of directors, effective 28 February 2022. This appointment follows the previously announced retirement of Jean-Jacques (“JJ”) Ruest. Robinson, who will... more
"Curiosity of the Day"
Astronauts grow by up to 7 cm in space because weightlessness causes the intervertebral discs to swell. more
Hapag-Lloyd: 2021 puts wind in the sails
Carriers cannot help making money these days. While the volumes transported moved sidewards with 11.9 million teu (2020: 11-8 million teu) in 2021, Hapag-Lloyd's revenues went up by 43% and increased to approximately EUR 22.3 billion in total. The shipping group's ebitda... more
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... more
Big Brown in good shape
UPS is reaching for the stars, approaching the threshold of USD 100 billion in annual revenues. In 2021, consolidated revenue in the CEP business increased by 15% compared to 2020, amounting to USD 97.3 billion in total. Net profit also took a leap, since adjusted operating... more
Road congestion strengthens rail in Asia
DHL has seen significant uptake with its 2021 launched daily connection between Kunming, China and Vientiane, Laos. The rail service shortens transit time between these two destinations to about 20 – 24 hours, compared to 20-30 days with the present heavy traffic on the... more
Swissterminal celebrates half a century
Swissterminal, an international integrated logistics provider headquartered in Frenkendorf near Basel and with locations in Switzerland and France, is celebrating five decades of operations. On 1 February 1972, when Alex Mayer founded Container Depot – the forerunner for... more
‘A’-ratings for The Swedish Club
S&P Global Ratings has reaffirmed the ‘A’-ratings for long-term insurer financial strength and issuer credit for The Swedish Club. S&P also maintained its assessment of the Club's outlook as negative. Managing director of The Swedish Club, Lars Rhodin: “Following such... more
Train instead of truck cuts CO2 by around 75%
A positive result: At the end of last year, automotive industry supplier Webasto tested the delivery of component parts for production by train at its plant in Mecklenburg-Western Pomerania (Germany). The interim results of the pilot conducted by DB Cargo Logistics and... more