Sea Cube Container Leasing nets new contract
The US Transportation Command, Directorate of Acquisition, Scott Air Force Base in Illinois has awarded a contract to New Jersey-headquartered Sea Cube Container Leasing International. The pact covers the leasing and transport of intermodal container equipment. Sea Cube was... more
Descartes makes NCA Acas-compliant
Descartes Systems Group, a logistics IT provider, has announced that Nippon Cargo Airlines (NCA), operator of airfreight services to 15 cities in Asia, the USA and Europe, is using the Descartes air cargo advance screening solution (Acas) to meet the recent mandatory... more
Best corporate bond one year on
Philippines-headquartered International Container Terminal Services (ICTSI) has won The Asset’s Triple A Country Awards 2018 Best Corporate Bond – Philippines for the company’s USD 400 million fixed-for-life perpetual securities issued in January 2018. The company is the... more
Ever more smart freight trains
The Austrian transport provider, Rail Cargo Group (RCG), in cooperation with A1 and A1 Digital, recently launched the "Smart Cargo" project. By the end of 2020, RCG’s freight wagons will be equipped with motion sensors and position and shock detection systems. The... more
Van Moer acquires Antwerp East terminal
The Belgian company Van Moer Logistics has taken over the majority share of the Antwerp East NV terminal, which is located in a strategically favourable position directly on the Albert canal and in the centre of the fast growing industrial zone of Grobbendonk (Belgium). The... more
Fedex fuels new cargo area at Bahrain airport
Bahrain Airport Company (BAC) and Fedex Express have signed a letter of intent concerning warehouse space at Bahrain International Airport’s (BIA) new cargo area on the northern runway. The expansion of BIA’s cargo facilities is in line with the objectives of Bahrain's... more
Modest progress at HHLA in 2018
The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot up by 18% to EUR 204 million. HHLA’s container... more
Imperial logistics puts emphasis on automotive
South Africa-based Imperial Logistics has appointed Holger Wilhelm to the newly-created post of executive vice-president - automotive. Based in Zurich (Switzerland), he reports to the newly appointed Imperial Logistics International CCO Sandro Knecht. Wilhelm has held a... more
US short line railroad operates coal hub in Virginia
Kanawha River Railroad (KNWA), part of Watco Companies, has taken over coal car loading on the former Winifrede Railroad, now known as the Big Eagle Railroad, located in West Virginia (USA). The 12 km long Winifrede Railroad, originally built to haul coal, was incorporated... more
Iata certification for Rhenus Amsterdam
Rhenus Air & Ocean has obtained the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification from Iata for its Amsterdam Schiphol branch in the Netherlands. In 2018, Rhenus started to review its procedures for the handling... more