Switzerland: trend towards customised solutions continues
SBB Cargo Switzerland and SBB Cargo International achieved a balanced result in H1/2019. Despite the reduction of CHF 9 million in state subsidies, the company generated a result of CHF 0.25 million (compared to CHF 2.16 million in the previous year). Cargo International... more
TK’Blue expands in Australia, New Zealand and Singapore
The international non-financial transport rating agency TK’Blue has set up a new agency in Australia, which also covers New Zealand and Singapore. The objective is to offer shippers, carriers and freight forwarders in the southern hemisphere its solutions for improving and... more
Gruber Logistics opens branch in Poland
After opening a new subsidiary in Katowice (Poland), Gruber Logistics now has 28 locations in Europe and Asia. Thanks to its strategic position, the metropolitan area around Katowice is one of the most important economic and industrial centres in Eastern Europe and therefore the... more
“Curiosity of the Day”
The black-clad ninja is a Western invention. Ninjas were mainly spies, female domestic staff and such. more
Work in progress on the Avon – Kwinana gold rail line
Construction works on the important interstate freight rail line between Avon und Kwinana in Western Australia are expected to be completed by the end of October, according to Australia’s transport infrastructure manager ARC infrastructure. The dual gauge railway forms the... more
Laurels for OPC as a working place
An award was recently given to Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of the Philippines-headquartered terminal and port operator International Container Terminal Services (ICTSI). The affiliate was recognised as among the most attractive companies to... more
2000th employee for Seifert
The Seifert Logistics Group has hired its 2000th employee. Polish-born Brygida Rzeszutek will work in the field of contract logistics in Jawor (Poland), the most recent of the 46 locations of the group. Seifert hired its 1000th employee only three years ago and has grown from... more
Trade tensions weigh heavily on air freight business
Iata's data for global air freight markets are showing that demand, measured in ftk, contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes. Global trade volumes are 1.4% lower... more
Turnover rises while core net profit drops
Kerry Logistics has announced the group’s interim results for the six months ended 30 June 2019. The turnover increased by 13% to HKD 19.810 million (EUR 2.28 billion) - 1H/2018: HKD 17,461 million (EUR 2.01 billion). The core operating profit increased by 9% to HKD 1,330... more
Regular train launched for timber transport
Fesco has been expanding its geography of Russian inland export services and has launched a regular container train from Khabarovsk Territory (Russia) to Harbin (Heilongjiang province, China) through the Grodekovo/Suifenhe (Russia/China) border-crossing point. The train... more