Evergreen jacks up its profit 
Evergreen Marine Corp. has published its results for Q2/2019. The Taipeh (Taiwan)-headquartered carrier announced a jump in gross profit of almost NTD 3.7 billion (USD 118 million). In the same period of 2018, the gross result was just about in the black at NTD 109 million (USD... more
Haulier continues to expand its fleet
The Russia-based FTL-trucking company Globaltruck has invested further in its fleet. The average number of operated trucks in H1/2019 grew by 187 units or 15.9% year-on-year to 1,360 units. The total distance covered by trucks in 2018 increased by 21.9% to 128.6 million km. ... more
Hyderabad attracts Spicejet's freighter
GMR Hyderabad International Airport (HYD) in India has added yet another domestic freighter to its existing range of freighter offerings, the latest entrant being SpiceJet freighter that landed at the airport on 1 August 2019. The cargo arm of SpiceJet has commenced its... more
Fadi Nahas appointed VP at Silk Way Airlines USA
Silk Way Airlines USA has appointed Fadi Nahas vice president, the Americas. In this role, Nahas will be responsible for managing business development initiatives on behalf of SWA USA and its affiliated cargo carriers from Azerbaijan, Silk Way Airlines and Silk Way West... more
Boxes keep flowing into Los Angeles
Container throughput in California (USA) continues apace. For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the port moved more than 912,000 teu, making it the busiest July in the port’s 112-year history. Container... more
Take-over enhances product portfolio
Greenbrier (GBX), which is based in the USA, has completed its acquisition of the manufacturing business of American Railcar Industries, which will be fully incorporated into Greenbrier's North American business model. GBX's U.S. workforce totals 4,000 people, including... more
LLamasoft lands JD Logistics supply chain deal
The US-based software company LLamasoft has announced a strategic partnership with JD Logistics, part of the Chinese e-commerce giant JD.com. The company will exclusively deliver and integrate LLamasoft’s solutions as part of its service and technology offerings to select... more
Air Asia invests in e-commerce venture
Teleport, the rebranded cargo and logistics platform of the Malaysian carrier AirAsia, and the venture capital firm Gobi Partners have invested USD 10.6 million (EUR 9.4 million) in the regional e-commerce and parcel delivery player EasyParcel. This company, which has almost... more
STS and RTG make hay while the sun shines
At its Las Palmas container terminal, Operaciones Portuarias Canarias (OPCSA) recently concluded an agreement that comprises a Kalmar complete care service contract covering the terminal's ship-to-shore (STS) and rubber tired gantry (RTG) cranes. Established in 1986, OPCSA... more
Richard Juergens moves from Oman to USA
Richard Juergens has joined deugro (USA) as vice president projects North America. He will be responsible for project development and the technical support of deugro’s project activities, mainly in the sectors of oil and gas, power generation and infrastructure. In the past,... more