Trade war still makes no impact on world trade
The flash estimate for the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) rose to 138.8 in January from 137.7 in December 2018.... more
US president backs Boeing's footprint in Vietnam
On the fringe of the summit between US president Donald Trump and the North Korean leader Kim Jong-un in Hanoi, two privately-held Vietnamese airlines have signed big airplane orders with Boeing. Vietjet has purchased 100 additional B737 MAX airplanes, taking its MAX order... more
Launching new train on Silk Road
Metrans, part of HHLA, will launch a new intermodal service along a section of the new Silk Road, running from Malaszewice (Poland) to Ceska Trebova (Czechia), from 10 March 2019, with two roundtrips a week. This regular connection will offer significant time and cost... more
“Curiosity of the Day”
The smallest flying insect is the African parasitic wasp, which at 0.129 mm is smaller than the eye of a housefly. more
Ceva cuts debts and raises revenue
Ceva Logistics has reported its results for Q4/2018 and full year 2018. Revenue rose to USD 7.35 billion in 2018, 5.2% more compared to the previous year. The group’s ebitda was USD 198 million in 2018 with an ebitda margin of 2.7%. Net debt was down to USD 1.19 billion as... more
Air New Zealand and Red Cargo to interline
Red Cargo Logistics, the cargo and logistics platform of Malaysia-based Air Asia, has signed an interline agreement with Air New Zealand to expand and provide market access to its respective cargo businesses. The partnership, the first of its kind for Red Cargo, provides shared... more
K+N banks on improvements via eTouch up to 2022
The strategy of the forwarding & logistics giant Kuehne+Nagel (K+N) remains multifold, as CEO Detlef Trefzger and CFO Markus Blanka-Graff pointed out during the company's annual press conference in Schindellegi (Switzerland). The 2018 turnover came in at just below the... more
Exports in the front row
State-owned CP sold its railfreight subsidiary CP Carga to MSC in 2015; great criticism followed in 2016, when the firm was renamed Medlog, or Medway in Portugal. The reinvigorated entity is now investing massively in Vila Nova de Famalicão. more
Ownership change for US short line freight railroad
United Rail has acquired the New England Southern Railroad (NES), located in Concord NH (USA). NES, a short line railroad operator, provides rail transport services including transloading, private industrial rail car switching and rail car storage. NES leases and operates... more
APL introduces cargo monitoring system
Cargo monitoring is becoming increasingly important. Given this, APL recently unveiled Traxens to offer near real-time data of the movement and condition of the cargo it transports. The initiative is consistent with the CMA CGM Group’s customer centric strategy, which was the... more