K+N issues inaugural bonds for CHF 400 million 
Kuehne + Nagel International has issued two inaugural bonds, as part of its ordinary financing efforts. The proceeds of the bonds will be used for general corporate purposes.The first CHF 200 million bond has a fixed coupon of 0.02% and a tenor of three years and five months,... more
Indian Railways moving further away from fossil fuel
The Asian Development Bank (ADB) has signed an agreement to provide USD 750 million to fund the Indian Railway’s track electrification project. The loan will be used to install electric traction equipment along 3,378 km of existing railway lines, which will enable the migration... more
Eva Air decommissioning nose loader
Eva Air will use its B747-400F for the last time this weekend. Today (31 May 2019), the giant freighter with a nose loader will once again operate the Taipei - Hong Kong and Taipei - Singapore - Hanoi – Taipei rotations, then the Taipei - Singapore - Penang – Taipei route on... more
App optimises HGV transport in Hamburg
Eurogate Intermodal (Egim) has introduced an amended version of its T Road application that simplifies route planning for local traffic in and around the port of Hamburg. The app takes current market needs into account, particularly with respect to the port’s slot booking... more
LNG tanker on course for Baltic Sea
A keel-laying ceremony was recently held for Elenger’s LNG tanker at the Damen Yichang Shipyard. The event included the Dutch tradition of welding three coins onto the first section of the vessel’s keel for good luck. With a 6,000 sqm capacity, the new tanker will play its... more
Night Star Express enhances infrastructure
Night Star Express has installed new conveyor equipment at its hub in Hünfeld (Germany). Among other advantages, the belt system significantly improves ergonomics and increases occupational safety. The flow of more than 11,000 packaging units per night was simplified and... more
Bati Group presents new logo
After 27 years, the Bati Group, a Turkish logistics provider, is releasing an updated brand identity, which includes a new logo, colours, and font. The significant logo change replaces the old rotating world with two red arrows with a new logo that surrounds Bati's global world... more
DHL enhances intercontinental fleet
Currently replacing the older intercontinental fleet with modern freighters, DHL has commenced revenue service with the first of the new B777Fs. The aircraft will strengthen DHL’s intercontinental services and connect the major DHL hub in Cincinnati OH (USA), from where the... more
More reefers for Zim
The Haifa (Israel)-based carrier Zim is expanding its monitored containers fleet in 2019 by adding advanced Star Cool containers manufactured by MCI. These reefers have the refrigeration unit integrated into the container box. This design has several advantages, including... more
Swiss Post sees profit dwindle
Swiss Post achieved a lower result in Q1/2019 than a year earlier. The mail service provider’s Q1/2019 consolidated net profit amounted to CHF 130 million, CHF 17 million lower than in Q1/2018. Ebit came in at CHF 172 million, CHF 35 million lower than in Q1/2018. The... more