ONE banking on synergy effects
ONE, the joint venture for container traffic of the three Japanese shipping companies K Line, MOL and NYK, reported a loss of USD 586 million in the fiscal year ending 31 March 2019. Revenues were at USD 10.88 billion. The average exchange rate was JPY 109.48 per USD, and the... more
Key appointments for Imperial Logistics in China
Imperial Logistics has expanded its China management team in Shanghai and moved to larger offices, preparing for planned growth. Joshua Mclarin has been named as the company’s new managing director for China. Mclarin has spent the past thirteen years of his logistics career in... more
B&H Worldwide signs contract with AOG-247
B&H Worldwide has signed a multi-year deal to provide the aircraft and engine components supplier AOG-247 with warehouse and inventory management services at both London Heathrow (UK) and Frankfurt (Germany). Under the terms of the contact B&H will supply full... more
China trains boost trade through the port of Duisburg
Duisport, the port of Duisburg (Germany), is intensifying its cooperation with the Chinese city of Chongqing. The port’s administration and the Chinese company YuXinOu have signed an agreement to that effect. YuXinOu organises railfreight services to and from Chongqing.... more
All Nippon Airlines concludes eventful fiscal year
All Nippon Airlines (ANA), the Japanese carrier that celebrated the take-over of its first A380 in March, published its results for the financial year which ended on 31 March 2019. Although there was a fourth quarter drop in demand for cargo from China, performance in... more
World container throughput recovers, says RWI/ISL
According to current flash estimates, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) rose to 136.9 in March, thus offsetting, at least in part, the sharp drop to 134.5 reported in... more
Air Charter Service strengthens board of directors
Air Charter Service has appointed Richard Carrick as a non-executive director to the company’s group board. Justin Bowman, ACS’s Group CEO, commented: “We are looking at our growth over the coming years – by expanding our global network of offices, by investing in technology -... more
Bolloré Logistics to apply Cargo Wise One globally
Bolloré Logistics has signed a strategic agreement with logistics solutions group Wise Tech Global to roll out the Cargo Wise One integrated logistics solutions platform globally as of May 2019. With Cargo Wise One, which is used in 130 countries, logistics service providers... more
“Curiosity of the Day”
Saint Lucia is the only country in the world named after a woman. The Carribbean island was discovered by the French after they were shipwrecked on the island. They arrived on 13 December, which is the feast day of Saint Lucy – therefore they named it Saint Lucia. more
Canadian carrier enhances its intermodal activities
Canada-based Bison Transport has acquired all of the assets of the container on flat car intermodal operations (COFC) of Celadon, a company based in Indianapolis (IN, USA). The acquisition includes operating personnel, drivers, customers and supplier relationships. It... more