Solid H1/2019 for Port of Vancouver
In Canada, the Vancouver Fraser Port Authority (VFPA) has reported its 2019 mid-year cargo statistics for goods moving through the harbour. Between January and June 2019, overall cargo through the port moved sideways (+0.5%) in comparison to the period last year, reaching a... more
Pop-up ports?
Now that a new prime minister has taken office in London it would appear that the UK’s departure from the EU is only still a matter of time. Free ports and free-trade zones have been identified as measures to combat the economic and logistics fallout and promote international... more
Deutsche Bahn to test Russian flat cars
The Tikhvin freight car building plant, a member of the UWC Group, has sent a batch of Sggrs80 articulated flat cars produced for Deutsche Bahn for testing. The cars, which are designed to transport heavyweight containers, were produced under a contract for the supply of 160... more
ZIM also shows an upward trend in H1/2019
The Haifa (Israel)-headquartered ZIM Group has reported improved results for H1/2019. Revenues amounted to more than USD 1.6 million compared to USD 1.56 million in H1/2018, an increase of 4.9%. Cargo volumes dropped by the same percentage, since ZIM carried 1.39 million teu... more
RTB leases three locomotives from Northrail
Northrail, which leases and manages the rolling stock of the Hamburg (Germany)-based Paribus group, is leasing three Siemens Smartron locomotives to RTB Cargo. The railfreight division of the R.A.T.H. holding with branches in Germany, Belgium, the Netherlands and Austria is... more
New head for Shiprocket's supply chain
Shiprocket, the logistics aggregation platform for online sellers, has taken Indranil Nath on board as senior VP supply chain and operations. Prior to this, Nath held key positions in a number of industry start-ups like Club Factory, Flipkart and Ola Cabs. Saahil Goel, CEO... more
Thyssen Krupp Materials Services invests in hubs in Europe
Thyssen Krupp Materials Services, the distribution and service provider of the thyssenkrupp group, is investing around EUR 70 million in the upgrade and expansion of its European warehousing and logistics network. A logistics centre and new warehouses will be set up in Germany,... more
Air Baltic honours 30th anniversary of Baltic Way
The Latvian airline Air Baltic welcomed its partners and employees at Riga International Airport, where a very special event was held to honour the 30th anniversary of the Baltic Way that will be celebrated today, 23 August 2019. At the event all three Air Baltic... more
Korean cargo carriers reduce domestic services
Starting today, 23 August 2019, as part of its strategy to expand its overseas services, Korean Air Cargo is adding a third weekly flight to its Incheon (South Korea) - Anchorage (AK, USA) – Miami (FL, USA) - São Paulo (Brazil) - Santiago (Chile) - Lima (Peru) - Los Angeles (CA,... more
New AEO status in preparation for Brexit
The internationally recognised quality mark of Authorised Economic Operator (AEO) has been awarded to the British Peel Ports Group, which operates six UK ports (Liverpool, Heysham, Manchester Ship Canal, Medway (Sheerness / Chatham), Clydeport and Great Yarmouth). The... more