Profits down for Swiss Post
Swiss Post posted a disappointing result in 2019, generating a group profit of CHF 255 million, CHF 149 million down from 2018. At CHF 450 million, operating profit (ebit) was CHF 55 million or 11% lower than in the previous year and thus testifies to the great challenges Swiss... more
"Curiosity of the Day"
There are about 1,500 active volcanoes on the surface of the earth with perhaps 100,000 more under the sea. more
US railroad heads for a more sustainable future
Union Pacific (UP) intends to set science-based targets to determine a time-plan and strategy for the reduction of greenhouse gas emissions. A letter of commitment was submitted to the science based targets initiative (SBTi), which independently assesses corporate emissions... more
CLA and coronavirus (don't) affect ABC
AirBridgeCargo Airlines, the scheduled carrier of Russia's Volga-Dnepr Group, is about to terminate lease agreements for five out of its 21 B747Fs. Talks are being held with Gecas and Sberbank Leasing. In other news, the carrier which calls itself "a strategic partner to... more
China - Thailand in five days
In China, the Qinghai international intermodal train with railway containers carried by Hong-Kong-based SITC successfully sailed from Chongqing railway central station to Thailand within five days. According to the logistics company, this is the first launch of the Qinghai... more
Etihad Cargo launches mobile tracking app
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has expanded its digital portfolio by launching the first version of its mobile application, offering customers the ability to gain real time access to information on-the-go. Building on the carrier’s website... more
ONE enhances TPV service
The Singapore-headquartered Ocean Network Express (ONE) will introduce a new call to Batangas on its Thailand Philippines Vietnam (TPV) service starting from April 2020. The TPV service currently connects Laem Chabang and Cai Mep with Manila and vice versa. With the new... more
Logistics centre for tyre retailer
The Engler Group and Garbe Industrial Real Estate are building a new logistics property in Ensisheim, Alsace, France on a 185,000 sqm site. The project comprises two halls, of which one has already been leased to Delticom, an online tyre retailer. The new building is... more
L.I.T. adds three executives to its board
The L.I.T. group has chosen three more board members. Effective immediately, the following executives will reinforce the company's top management: Simeon Breuer, managing director L.I.T. freight forwarding, Ingo Schreiber, managing director L.I.T. cargo and Julian Lachnitt,... more
Seven charter flights to South Sudan
Kintetsu World Express (KWE), in partnership with Chapman Freeborn, recently completed a series of seven A300F charter flights from Dubai (DWC) to Juba, the capital of South Sudan, uplifting over 230 t of aid and relief materials. The project was completed in less than three... more