Declining volumes, but waiting for virus impact
According to Iata, global air freight demand decreased by 3.3% in January 2020, compared to January 2019. Cargo capacity rose by 0.9%, outstripping demand growth for 21 consecutive months. Airlines in Asia-Pacific (-5.9%) and Europe (-3.7%) suffered sharp declines, while North... more
Luxemburg now chairs the Moselle commission
The Moselle commission elects a new chair every year. Max Nilles from Luxembourg's ministry for mobility and public works has assumed this position for the mandate from 1 January to 31 December 2020. The Moselle commission comprises committees and working groups that deal... more
Roll Group invests in Indonesia
The Bintan Offshore Marine Centre (BOMC), Indonesia, gains a new investor. The Germany-headquartered Roll Group will become an exclusive partner in the BOMC yard, taking care of the cranes and trailers to further develop the facility. BOMC is 70% owned and operated by Qube... more
Geodis has grown in the USA
Geodis, the logistics division of the French rail SNCF, is maintaining steady profitability in a challenging international environment. The contract logistics business was buoyant in 2019, especially in the United States. Freight forwarding volumes came under pressure in the... more
Emirates sets new compliance standards
Henrik Ambak (left), Emirates Skycargo SVP cargo operations worldwide, has signed an agreement with Accuity, a global provider of financial crime compliance, payments and know your customer (KYC) solutions, to help automate and streamline its regulatory compliance screening... more
Wilhelmshaven: better rail links by the end of 2022
A groundbreaking ceremony has now kicked off the second construction phase for the expansion of the rail track to Germany’s deep-water JadeWeserPort in Wilhemshaven. By the end of 2022, the Oldenburg–Wilhelmshaven section will be double-track and electrified all the way. ... more
Joining forces to improve rail cybersecurity in Europe
A consortium of seven European specialist partners from Spain, Italy, the Netherlands and France has been selected to deliver a new EU Shift2Rail programme funded through Horizon 2020. The consortium will deliver a co-designed collaborative process and tools for the... more
Captain Y. S. Hwang elected CINS chairman
CINS, the cargo incident notification system, has elected Captain Y. S. Hwang (Evergreen Marine) as its new chairman. In addition, the CINS board has chosen Uffe V. Ernst-Frederiksen (Maersk Line) as its deputy chairman. “I’m looking forward to undertaking this challenging... more
"Curiosity of the Day"
During World War II, monopoly sets helped many British prisoners of war to escape from German camps. The British secret service used the monopoly boards to smuggle passports, escape plans and money into the camps. The games were sent to the prisoners by fake charities. more
Beware: turning panic into profit
In times of epidemics, watch out for villains. ITIC, the international transport intermediaries club, has been receiving an increasing number of reports of fraudulent invoices being submitted to vessel owners and managers for medical testing services following the outbreak of... more