Joint efforts on the Eurasian rail route
Russia-based UTLC ERA and Lithuanian Railways have signed an agreement to manage postal container traffic from China to Lithuania. The partners intend to jointly develop the shipment of postal packages (deliveries and e-commerce goods) by cargo trains on China – Europe – China... more
United Cargo names two new European GSA
Effective tomorrow, 1 May 2019, Brainway Airline Services will act as United Cargo’s new sales partner covering Austria, Bulgaria, Croatia, Macedonia, Romania, Serbia, Slovakia and Slovenia. The US carrier thanks its outgoing sales partners in these locations, Air Logistics... more
Mixed results for Q1/2019 in Antwerp
In the port of Antwerp, total throughput fell by 3% in Q1/2019 compared to Q1/2018. Container traffic, on the other hand, continues to rise, recording the port’s best ever monthly result in March. In 2018, Antwerp’s share in the container market measured in tonnage increased... more
Zeaborn group takes full ownership of Zeamarine
The Zeaborn group has signed an agreement to acquire the remaining ownership interests in Zeamarine held by New Mountain Capital. The Zeamarine JV was formed in August 2018 when New Mountain Capital and Zeaborn agreed to combine the commercial activities of Intermarine, Zeaborn... more
Dematic builds in Atlanta
Dematic is building its new global headquarters on a 40,000 sqm area of real estate in Atlanta (GA, USA). With this move, the intralogistics specialist will also expand its staff on site: about 230 additional jobs will be created in Atlanta. The global company headquarters will... more
Improved starting power for locomotives in Brazil
58 locomotives manufactured by GE Transportation are being fitted with battery systems from the French-based firm Saft. The broad-gauge diesel-electric locomotives will provide freight hauling services for Brazilian rail operator MRS Logistica. The 64 V batteries deliver... more
Connecting Alaska's most remote areas
The US airline Lynden Air Cargo is expanding its scheduled service points in Alaska (USA) to include St. Mary’s (AUK) and Emmonak (EMK). Beginning today (30 April 2019), Lynden will offer year-round scheduled air freight services on Tuesdays and Fridays to better serve customers... more
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