K & N: good overall performance, air freight stays afloat 

The Kuehne + Nagel group recorded a significant improvement in its results in the business year 2019. Compared to the previous year, net turnover increased by 1.5% to CHF 21.1 billion, and gross profit rose by 3.5% to CHF 8 billion. Ebit improved by 7.5 to CHF 1.1 billion,... more
SAA to heavily downsize network 

In line with South African Airways' (SAA) "commitment to take urgent action to conserve cash and create a viable platform for a successful future", key measures will affect the airline's network as follows from tomorrow, 29 February 2020: SAA will continue to... more
Petronas and K Line strengthen LNG-link 

K Line has signed a long-term time charter contract of 12 years plus an extension option for the further 12 years from 2022 on. The agreement was concluded with Petronas LNG, a subsidiary of Petroliam Nasional Berhad (Petronas). K Line has also executed shipbuilding... more
New European managing director for Pall-Ex 

The freight network Pall-Ex has appointed Mark Steel to the newly created role, which will be instrumental in driving growth within mainland Europe. Steel joined Pall-Ex in 2016 as sales and marketing director, having previously held roles within the logistics industry and... more
Petrochemicals delivered by direct fast train to Finland 

Russia-based Transcontainer has organised the first direct fast block train with petrochemicals loaded in 114 specialised tank-containers. The train departed from Salavat in the Russian Republic of Bashkortostan heading for Kotka in Finland. This service is a result of... more
B&H Worldwide expands its facility in Melbourne 

To cater for an increasing demand from its Oceania customers, B&H Worldwide, the award-winning aerospace logistics provider, has expanded its warehouse and offices in Melbourne. From the new larger facility its specialist teams will now be able store, handle and process... more
SAS to open route between Stockholm and Sevilla 

From tomorrow, 29 February 2020, SAS will fly to Seville (SVQ), Spain, from Stockholm Arlanda (ARN), Sweden. The new direct route to the Andalusian capital will be operated with A320neo aircraft on Saturdays until 16 May, making Seville the sixth destination for SAS in Spain... more
There is more than diesel 

2019 was a record year for the growth of alternative fuels in maritime transport, as can be seen from the dedicated portal fuels insight (AFI) by DNV GL. The use of liquefied natural gas (LNG) experienced a remarkable upward trend with the commission, throughout the year, of... more
Joe Hete to step down as CEO of ATSG 

Air Transport Services Group (ATSG) has announced that Joe Hete will retire as CEO of the aircraft leasing and air transport services company, effective at ATSG’s next annual meeting of shareholders on 7 May 2020. Hete is expected to remain a member of ATSG’s board of directors... more
DB Schenker transports dinosaur skeleton 

Unique freight from primeval times: DB Schenker transported the bones of a long-neck dinosaur from the Sauriermuseum Aathal in Switzerland to the Oertijdmuseum Boxtel in the Netherlands. In a preparation laboratory accessible to the public, the several thousand pieces will be... more