Free access to Shipnext platform for ICS students
The Institute of Chartered Shipbrokers (ICS) and Shipnext, a digital SaaS platform, have partnered to enhance education in the shipping industry for its students. Shipnext provides a range of digital solutions, including instant data processing, freight-matching,... more
Spot rates continue to fall
The latest Upply x Ti x IRU European road freight rates index for Europe shows that the spot rates index dropped further below the contract rates index in Q3/2023. The spot index fell for the fourth consecutive quarter, while the contract spot index climbed for the first time... more
Australia Post takes off with new A330 freighter
Australia Post has added a new freighter to its fleet, providing critical capacity and flexibility to support growing e-commerce demands during the busy peak Christmas period. Operated in partnership with Qantas Freight, the newly converted A330-200P2F aircraft doubles the... more
US intermodal offer extended
In the USA the haulier J.B. Hunt and the class I railway BNSF have launched their new 'Quanton' solution, to transport service-sensitive highway freight using rail and offering customised solutions. The 'Quantum' team is made up of J.B. Hunt and BNSF operators housed... more
ATSG: Joe Hete back in action
The board of directors of Air Transport Services Group, a specialist for medium wide-body freighter aircraft leasing, air operations, and support services, has re-appointed Joe Hete, currently chairman of the board and a former longtime chief executive officer, as ATSG’s CEO,... more
Record highs for ICTSI earnings
International Container Terminal Services Inc (ICTSI) has reported a 4% increase in net income to USD 484.5 million for the first nine months of 2023, with ebitda and net income reaching record highs. The company saw a 7% growth in throughput and revenues. Despite the... more
A new head for logistics and distribution
Felipe Morgulis has been promoted to president of UPS Healthcare and Bomi Group's logistics and distribution business for Europe and Latin America (Latam). Morgulis will operate out of Italy as part of the UPS Healthcare leadership team. He will report directly to John Bolla,... more
Germany’s rail industry is growing - abroad
Deutsche Bahn generated record sales of EUR 7.8 billion in Germany in H1/2023, an increase of 15%. However, growth is taking place abroad, with exports accounting for around 40% of sales. The domestic market shrank by 8% to just under EUR 5 billion. Incoming orders in... more
Hactl: an early adopter of the SBTI scheme
The science-based targets initiative (SBTI) has confirmed that the targets of Hong Kong Air Cargo Terminals Limited (Hactl) comply with its criteria and recommendations, and that Hactl’s scope 1 and 2 target ambition is in line with a 1.5°C trajectory for limiting global... more
A step across the Baltic Sea for Hellmann
Hellmann Worldwide Logistics has taken a major step into the Baltic States by acquiring the remaining shares of its local partner companies. The acquisition will strengthen its market position in the region and in Northern and Eastern Europe. Hellmann has been present in the... more