ADAC invests in partner network 
With “Werkstatt Plus” the ADAC Truckservice, a product offered by the German national automobile association ADAC, is expanding its quality and sustainability programme. A key measure is the introduction of a uniform system of compensation for the service partners.... more
La Salle acquires facility in South Korea
La Salle Investment Management has completed the acquisition and leasing of Logiport West Anseong located in Anseong City, South Korea. The project’s gross floor area is 46,800 sqm and the construction was finished in December 2018. Steve Hyung Kim, La Salle Investment... more
Banking on India 
Political stability in India has prompted global shipping lines to launch two new services to the country recently. The direct IEX link to and from Europe is one, the MIAX service another one; the latter ensures better links with Africa and the Middle East. more
Italy to expand its rail-road hub Quadrante Europa
Infrastructure manager RFI and the ZAI Consortium have presented a further EUR 59 million investment in the Quadrante Europa interport in Verona, Italy. The project includes the realisation of the new fourth module, which is equipped with five tracks with a length of 750 m.... more
Temperature-controlled ULD specialist expands in Asia
Vaqtec, a pioneer in highly efficient products and solutions in thermal insulation, is strengthening its position on the Chinese market. The German company offers Chinese clients a comprehensive portfolio of safe, cost-efficient and green temperature controlled packaging... more
Gustav Seeland wins award
At the presentation of the award of the German federal working group heavy transport and crane work (BSK) in Rostock-Warnemünde (Germany) Gustav Seeland was again on the winners’ rostrum and won the first prize. The company was honoured for the development of a special steel... more
Introducing more Asia - Europe routes
Effective immediately and in addition to its existing routes from major Asia Pacific markets, Fedex is expanding the destinations of its international economy service to cover Bulgaria, Malta and Cyprus and its international economy freight service to Romania and Estonia,... more
More fashion labels move into e-commerce hub
The location Brieselang near Berlin (Germany) has been given a long-term perspective: Fiege had taken over the logistics hub from Zalando in April 2019 and announced plans to develop the site into a multi-user centre. Now, fashion label Gerry Weber is moving its e-commerce... more
Non-tariff measures affect trade in APAC
Unctad's Asia-Pacific Trade and Investment Report 2019 was recently published in Geneva (Switzerland). The report finds that, while applied tariffs in the Asia-Pacific region have halved over the past two decades, the number of non-tariff measures (NTMs) rose significantly, now... more
China pushing the LNG market, says VV
The research and data mining company Vessels Value (VV) recently released an analysis on the LNG market. Head cargo analyst Olivia Watkins evaluates recent developments and trends in this sector focusing on seaborne demand for LNG transportation with an emphasis on China.... more