Favourable figures for Matson in 2018
The Matson Navigation Company, whose headquarters are in San Francisco (USA), generated a net income of USD 109 million in 2018. In 2017, the income was USD 232 million for the full year, but that was shored up by USD 155.0 million from a one-time, non-cash tax adjustment as a... more
“Curiosity of the Day”
Some of Fredric Baur’s ashes were buried in a “Pringles” can, the potato crisp packaging system that he designed. more
Major logistics project shaping up well
An industrial zone that focuses on e-commerce and logistics is to be built on the former Cambrai-Epinoy military airfield in northern France. The project - named E-Valley - recently overcame a big hurdle. The neighbouring municipalities of Haynecourt, Épinoy and... more
LG Cargo receives freight licence
The transfer of the cargo transport business from Lietuvos Geležinkeliai (LG) to the newly-established group LG Cargo is proceeding apace in Lithuania. The relevant Lithuanian authority LTSA has completed approval procedures and issued a freight licence to the new entity.... more
Top air trade lanes between EU/US and emerging markets
The latest Agility Emerging Markets Logistics Index (Aemli) shows that the volume of goods exported as airfreight from the EU and USA to the 50 emerging economies that were surveyed amounted to 4.045 million t in 2018, 4% more than in 2017. The three fastest growing trade... more
Industry stalwart for GAC in India
Industry veteran Jayakumar Gopalakrishnan has been appointed GAC Shipping's general manager, projects and breakbulk in India. Based in the company’s Mumbai office, he will spearhead the company’s efforts to tap into India’s growing project logistics and breakbulk business. ... more
Forwarder cuts C02 emissions by 95% with LNG trucks
GRUBER Logistics continues to invest in sustainable transport services. The company based in South Tyrol (Italy) has recently put four Iveco tractors with LNG engines into operation; a further six tractors will follow over the next few weeks. Two LGN trucks are already being... more
Shipserver's e-procurement platform on the move
The number of platforms in the maritime business continues to grow. According to Shipserv, an e-procurement platform, marine buyers spent USD 385 million on its platform in January 2019. This is up 30% from last year’s figures, based on a record 115,000 purchase orders issued in... more
Globe Air Cargo Argentina becomes Azul GSSA
The Brazilian Azul Linhas Aéreas, which began operating in 2008, has appointed Globe Air Cargo (GAC) Argentina, an ECS Group subsidiary almost a year old, as its GSSA in Argentina. With this two-year contract, GAC Argentina plans to expand Brazil’s third-largest airline’s... more
Highly specialised chemical tankers join fleet
Imperial Logistics has expanded its European road tanker fleet in response to several years of strong business growth and its successful entry into intermodal services in 2016. The company headquartered in Germany has recently acquired 45 new tractor units and 55 tanker... more