Distributing vaccines in East Malaysia
In an effort to combat the Covid-19 pandemic with the vaccines, Utama Multimodal Logistics (UML), a Malaysian cold chain logistics services company focused on transporting pharmaceuticals, has chosen Teleport, the logistics venture of Air Asia Digital, to deliver vaccines... more
Efficient tool to administer master data
The KV 4.0 project, which aims to digitalise intermodal supply chains from beginning to end, has been completed. Now, an operating company will be created to market the data hub resulting from the digitalisation project.The industry representatives involved in the project were... more
Rushton rises from general manager to director
Steve Rushton, former general manager of Crown Couriers Limited, has been appointed company director. Tim Seagers, who founded the Tamworth-based business in 1990, said that "despite the challenges triggered by the pandemic, the company has continued to grow and plans to... more
Fedex can't help winning
Fedex remains a winner of the 2020 pandemic. The company recently reported its consolidated results for the quarter ended 30 November 2020.In the three months from September to November, revenues surged from USD 17.3 billion to USD 20.6 million (+16.1%) compared to the same... more
Hegelmann adds 1,000 trucks
Due to the spot market’s high demand for FTL transport, Germany’s Hegelmann Group is adding 1,000 trucks to its fleet in 2021. The acquisition involves replacement and expansion investments in roughly equal parts. The first tranche of 550 trucks from Daimler has already been... more
DFI Partners: parting of the ways
Since 11 March 2021, Dietz Fleischer Industrial Partners (DFI), a specialist in the development of commercial and logistics properties headquartered in Bensheim (Germany), has operated as an independent company, with Andreas Fleischer as its sole managing director.Following a... more
Pharma follows perishables
A few weeks ago Oman Air was certified in accordance with ‘CEIV Fresh’, Iata's Center of Excellence for Independent Validators for fresh logisticscs (CEIV Fresh). Now the carrier has also been certified in accordance with Iata CEIV Pharma, confirming its capabilities to... more
BDI at record high
The Baltic Dry Index (BDI), an index of the international dry cargo freight market, stood at 2,105 points on 17 March. The BDI thus reached its highest value since 4 September 2019, when it scored 2,518 points, the record in almost nine years.By size, the panamax index, covering... more
More vehicles for Swiss goods transport
Swiss transport company Hugelshofer, from Frauenfeld, has expanded its vehicle fleet with four Renault Trucks T480 P6x2s and seventeen Renault Trucks T460 P4x2s. They will be used for goods transport all over Switzerland.With the new vehicles the transport and logistics company,... more
MOL banks on hybrid bonds
Japanese shipping company MOL has submitted an amended version of the shelf-registration statement regarding the issuance of publicly offered hybrid corporate bonds (no collateral and subordinated corporate bonds) to the director-general of the Kanto Local Finance Bureau.In... more