Paying tribute to IMO
The Bahamas continues to be one of the first council members to present its annual assessment payment to the international maritime organisation (IMO) in the course of February 2020. The payment to the IMO was transferred in full and in advance of the deadline. The... more
Atlas Air Worldwide cuts capacity
Atlas Air Worldwide's volumes in 2019 totalled 321,140 block hours compared with 296,264 in 2018, with operating revenue increasing to USD 2.74 billion (USD 2.68 billion) and the adjusted ebitda totalling USD 504.8 million (USD 551.3 million). Adjusted net income from continuing... more
Expanding into inland solutions for freight railroads
Navis, part of Cargotec, has entered into an agreement to acquire the assets of Biarri Rail, a global provider of planning and scheduling optimisation software for freight railroads. The acquisition is expected to be completed by the end of February 2020 and will support Navis’... more
“Curiosity of the Day”
The African Bassa people classify colours into just two categories: "ziza" for yellow/orange/red and "hui" for blue/purple/green. more
New career initiative for air cargo
IMC Careers is launching a new project to encourage and help young talented people to seek careers in the air cargo industry. Michael Sales, air cargo marketing specialist, with support from Sebastiaan Scholte, believes passionately that if young people, especially students... more
Agility reports 7% rise in net profit for 2019
Agility reported a net profit of KWD 86.8 million (EUR 261 million) in 2019, an increase of 7% from 2018. Revenue for the year reached KWD 1.578 billion (EUR 4.755 billion) and ebitda was KWD 193.1 million (EUR 580.7 million), increases of 1.8% and 24.7%, respectively.... more
Hanjin’s valuable legacy
The cat’s out of the bag now. 2M, that is to say Maersk and MSC, have reached an agreement with South Korea’s Samra Midas Group. The latter’s SM Line, still young and one of the heirs in the northern Pacific of the Hanjin shipping company, will cater to demand for its partners... more
Swiss intermodal operator launches P400 shuttle trains
Hupac Intermodal is introducing a new connection between Perpignan in France and Cologne in Germany. The new route will be integrated into the network starting from March 2020. With five roundtrips per week, the Swiss intermodal operator will offer new market opportunities for... more
Cargo One partners with another Japanese carrier
After Nippon Cargo Airlines a few months ago, All Nippon Airways (ANA) heralds in the new decade by joining leading online platform cargo.one to offer its cargo customers ebooking capabilities. Furthermore, the airline will benefit from the platform's extensive customer base in... more
From commercial controller to finance director
Europa Worldwide Group has promoted Adam McBride from commercial controller to finance director. Since he joined in 2016 McBride has played at integral role in developing new financial systems including the launch of Leo Finance, Europa’s internal IT system, and delivered a new... more