KWE: income up, sales down
The Japanese Kintetsu World Express (KWE) has reported its financial results from the six-month period of its fiscal year ending 30 September 2020. While revenues decreased by 2.9% to JPY 2.5 billion, operating income saw an uptick of 48.5% to JPY 13 billion (USD 124 million)... more
A new Mexico–Florida shuttle
ZIM is launching a new Mexico–Tampa shuttle service (MTS9) to commence in mid-December, expanding the company's regional network and providing more options for customers in Mexico and the USA. The MTS9 will deploy a 1,000-teu vessel on a weekly, fixed-day schedule between... more
CD Cargo finds synergies
On Wednesday, 11 November 2020, CD Cargo Hungary carried out its first transport under its own licence for operating trains on the Hungarian network. With the train, the subsidiary of the Czech railway company carried wood from Czechia to Moascsa in Romania. CD Cargo... more
Carmen Celedin elected harbour master
Carmen Celedin (photo) has been elected harbour master of the Ennshafen in Austria, succeeding Robert Wanger. Celedin has headed the "technical infrastructure" department in the Austrian port since 2010. In her new role, she will be in charge of maritime transport,... more
Logistics platform for Hartmann International
German logistics services provider Eikona Logistics has set up a new IT platform for the family-owned company Hartmann International. The software gives customers access to all service requests: enter orders, track & trace shipments, manage stocks, evaluate freight... more
HL shows steady performance in 2020
As forecast, the Hamburg shipping company Hapag-Lloyd achieved revenues of USD 10.5 billion after the first nine months of the year, almost on par (-1%) with the same period in 2019. Yet, ebitda climbed by 20.4% to more than USD 2 billion. While ebit rose by a significant... more
Alitalia to return to South America next month
After suspending these services in March and April this year, Alitalia will resume its weekly scheduled flights to Argentina and Brazil in mid-December. The services from Rome FCO to São Paulo GRU, which are set to begin on 15 December, and those to Buenos Aires, which will... more
Russian experts to teach Serbian rail specialists
Russian Railways (RZD) has opened a regional information and training centre in the building that houses the headquarters of Serbian Railways in Belgrade. The aim of the new facility is to significantly improve the quality of training of Serbian railways specialists to help... more
"Curiosity of the Day"
As there was no bread in Greenland at the time, the priest and missionary Hans Egede rephrased the Lord's Prayer in 1721 and wrote: "Give us this day our daily seal." more
Company veteran to head Yang Ming family
At its 352nd board meeting, Yang Ming Marine Transport Corporation confirmed the appointment of Patrick Tu as the company’s new president and COO. He will therefore leave his roles as chief strategy officer and executive vice president, to which he was promoted earlier this... more