AAPA elects Mario Cordero as its next board chairman
The American Association of Port Authorities (AAPA) has elected Mario Cordero, executive director of California’s Port of Long Beach, to serve as the association’s next chairman of the board. He will assume the AAPA chairmanship from Gary G. Nelson, executive director of... more
Well prepared for pandemoniac 2020
Hapag-Lloyd’s results in 2019 seemed far away, when during a webcast conference CEO Rolf Habben-Janssen explained the Hamburg carrier's outlook on 2020 at this stage: "Although supply chains are under pressure, we expect a decent month in April. An impact of the corona... more
Railfreight braves corona crisis
Lokomotion, the train operator for transalpine railfreight services through Austria, reports that it has implemented comprehensive measures to guarantee that international transport links remain open. In close cooperation with the service companies, Lokomotion has agreed... more
ZIM performs better in 2019
Haifa (Israel)-headquartered ZIM Shipping Integrated Services witnessed improved figures in the course of the full year of 2019. Back in the black, ZIM’s 2019 net profit was at USD 12.0 million in 2019 (adjusted, pre IFRS16), compared to an adjusted net loss of USD 44.6 million... more
Winsped dangerous goods centre: more data
LIS (Logistische Informationssysteme) has further extended the Winsped module dangerous goods centre (GGC): effective immediately, the application also displays the transport status defined in the “European agreement concerning the international carriage of goods by road” and... more
Savino Del Bene secures Italian air cargo export to New York
Today, 23 March 2020, and for the first time in two years, Savino Del Bene is organising a freighter service from Rome to New York for Italian products. "This is our response to the cargo space shortage towards the United States due to passenger flights cancellations, as... more
NTG appoints new group CEO
The board of directors of NTG Nordic Transport Group (NTG) has appointed Michael Larsen as group CEO effective 1 May 2020. Jesper Petersen and Mikkel Fruergaard will continue as members of the executive board with responsibility for their respective divisions in the NTG group.... more
Colombia’s Regiotram del Norte goes ahead
The consortium “ARCO Bogotá Zipa” (comprising Ardanuy Ingeniería Colombia and Coral Delgado y Asociados) has been chosen to oversee the contract supervision for the planned feasibility studies and designs concerning the freight and passenger railway between Bogotá and Zipaquirá,... more
Two Miami terminals in temporary closure
The ebb of import container volumes to the USA, mainly caused by the shutdown of Chinese ports in February, led two terminals in the port of Miami to close their gates for a limited period of time. While the South Florida Container Terminal (SFCT) gate kept its gates closed... more
ESR closes USD 250 million unsecured term loan
ESR, the large Asia Pacific focused logistics real estate platform, has entered into a new facility agreement for a USD 250 million three-year unsecured term loan facility with prominent international banks at a rate of Libor plus 3%, which was drawn down in full in March 2020... more