Yang Ming: profit amidst shipping slump 
The Taiwan-headquartered carrier Yang Ming reported a consolidated revenue of NTD 35.9 billion (USD 1,160.72 million) in Q3/2023. Net profit amounted to NTD 2.81 billion (USD 90.73 million). For the first three quarters of 2023, the consolidated revenue was NTD 107.9 billion... more
DHL Express at Asia's crossroads
DHL Express has opened its expanded Central Asia Hub (CAH) in Hong Kong. DHL Express has invested EUR 562 million in the facility since it was founded in 2004. It now handles almost 20% of the company’s global shipment volume, a six-fold increase since 2004. Air freight... more
Trans Montana locos for Green Cargo
The Romanian manufacturer Softronic Craiova recently delivered four new locomotives of its Trans Montana model to the Swedish carrier Green Cargo, with a further two more units to follow by the end of this year. The locomotives are designed to function in all weather conditions,... more
Ruth Wood, first woman to lead Mersey Maritime
After just five months as an interim chief executive of Mersey Maritime, Ruth Wood has now been appointed to the role on a permanent basis. A former senior manager at Peel Ports Group and latterly head of commercial at Mersey Maritime, Wood took the helm in July following... more
Icao and Iaea to deepen cooperation
Icao and the International Atomic Energy Agency (Iaea) have agreed to enhance their cooperation around the transport of radioactive materials by air, notably to improve the efficiency and speed of these shipments that are vital for cancer care and other medical uses around the... more
Linking up with Indonesia's e-commerce market
Singapore Post and Pos Logistics have signed an MOU concerning cross-border logistics with Indonesia. With the Indonesian e-commerce market growing to USD 67.30 billion by 2027, the partnership aims to find ways to keep supply chains to and from the country efficient. It will... more
MOL & Kyuden launch LNG ship "Reimei"
Mitsui O.S.K. Lines (MOL) and Kyushu Electric Power (Kyuden) have introduced "Reimei", a Panamax coal carrier powered by LNG, which began operations on 14 November 2023. Launched at Namura Shipbuilding's Imari Shipyard, "Reimei" serves to transport coal to... more
Autonomous truck integrated into daily business 
The Einride autonomous vehicle has begun daily transports finished goods in the USA. The deliveries take place between GE Appliances’ manufacturing facility and warehouse in Selmer, TN, Monday through Thursday, enabling up to seven shuttles a day. The autonomous operation... more
Crowley names offshore wind veteran as VP
Crowley has named offshore wind veteran Christy Guthman as VP of business development for its wind services business as the company grows in the clean, sustainable energy sector. Crowley provides landside and marine logistic solutions throughout the wind lifecycle. Guthman... more
Etihad Cargo launches IOR solution
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has launched an innovative “Instant Offer Rate” (IOR) tool, further enhancing the carrier's online booking portal to streamline the booking process, provide faster response times and raise the levels of customer... more