China flags off new trains to Moscow
One of the new trains connects Moscow with Taiyuan in North China and the other runs to Shandong in East China. The Taiyuan train is served by China Railway Express (CRE). As the capital city of Shanxi province, Taiyuan boasts a relatively complete integrated freight hub system... more
More sustainability instead of more dividends
At Hapag-Lloyd’s annual meeting on 30 April, the environmental group Nabu and the Dachverband der Kritischen Aktionärinnen und Aktionäre (German association of critical shareholders) criticised that the company does not give sufficient priority to environmental and climate... more
Partnership reaffirmed
The global airline and airport services provider Menzies Aviation has extended a major contract with Malaysia Airlines for a further five years. It will continue to offer passenger, ramp, and cargo services at five locations in Australia and New Zealand, including Sydney airport... more
A leadership transition at Forward Air
Forward Air Corporation has named Shawn Stewart chief executive officer and a director of the board, effective 28 April 2024. Michael Hance, who served as interim CEO, will now be chief legal officer and secretary. Stewart is a seasoned executive with nearly three decades of... more
Hispack 2024 to pack a punch
Spain’s largest packaging fair will see 780 exhibitors come together to showcase their newest innovations in the field. Dubbed Hispack 2024, it will be held in Halls 2 and 3 of Fira de Barcelona’s Gran Via between from 7 to 10 May. Organised by the local companies Fira de... more
Teaming up for shipbuilding innovations
The Indian Register of Shipping (IRS) has signed an MOU with the Maritime Research Institute Netherlands (Marin), effective 29 April 2024. The partnership aims to enhance IRS's technical capabilities in shipbuilding through collaborative hydrodynamic studies and model testing.... more
Lagermax maxes out 2023 performance
A 12% increase in sales and a record result for FY/2023: this performance is indeed good news for the Lagermax Group’s management. With sales of EUR 730 million, the group achieved a record in 2023, backed by EUR 55 million in investments to expand and strengthen its... more
China and Serbia strengthen trade ties
The state-owned company Zhengzhou International Hub (ZIH) has launched a railfreight service to Serbia. The China Railway Express (CRE) train left Zengzhou in the Province Henan (Central China) last Friday (26 April 2024) and is now en route to Belgrade via Mongolia and... more
FAA fines Asia Pacific Airlines
The US Federal Aviation Administration (FAA) proposes five civil penalties totalling USD 2.9 million against Asia Pacific Airlines, an B757F operator based in Guam: - USD 2.5 million for allegedly using unqualified pilots on 163 flights; - USD 250,000 for allegedly operating... more