ICTSI secures Metrobank loan
International Container Terminal Services, Inc. (ICTSI), a major global terminal operator, has obtained a USD 750 million loan from Metropolitan Bank & Trust (Metrobank), marking the largest credit facility secured by ICTSI and the largest bilateral facility extended by... more
"Curiosity of the Day"
J.R.R. Tolkien, who died 50 years ago tomorrow, on 2 September 1973, typed the entire trilogy of The Lord of the Rings with two fingers. more
CBP seizes forged devices worth USD 400,000
US Customs and Border Protection (CBP) officers seized 1,200 pairs of wireless headphones and 220 wrist wearable devices for infringing Apple registered copyrights and trademarks. If genuine, the seized products would have had an estimated manufacturer’s suggested retail price... more
China launches cargo service to Central Asia
The first train of the new service is currently on the track between Zhangjiakou in China’s Hebei Province and Tashkent in Uzbekistan. Managed by China Railway Beijing Group and loaded with auto parts, home appliances and textile products, the train will reach Tashkent in... more
Switzerland: guidelines for seven aerodromes
At its meeting on 30 August, the Federal Council approved the amendments to the structural plans for the aerodromes of Saanen (Icao: LSGK), St. Stephan (LSTS), Zweisimmen (LSTZ) and San Vittore (LSXV) as well as new structural plans for the aerodromes of Pfaffnau (LSXP), Bad... more
Cargo growth in Gothenburg
Amid global and domestic economic slowdown, the Port of Gothenburg maintains solid cargo volumes, backed by Sweden's resilient export industry. Import dips, reflecting economic caution, are stabilising, with signs of autumn recovery. The port handled 446,000 teu in... more
Road haulage partners in Europe
Two Arab cargo airlines expanding their RFS networks. July saw two full-freighter airlines operating from the Arabian Peninsula announce that they had assigned their pan-European road feeder services to a single experienced partner each. While Etihad Cargo from Abu Dhabi (UAE)... more
Weekly block trains from Greece to North Macedonia
Starting on 6 September 2023, the new regular container block-train service will connect the Port of Thessaloniki in Greece and Skopje, the capital of the Republic of North Macedonia, initially on a weekly basis. It will depart from Thessaloniki every Wednesday and arrive in... more
Swiss train paths: carriers demand lower prices
The partial revision of the ordinance on access to the railway network access adopted by the Swiss federal office of transport (FOT) provides for an increase of the wear factor by 18.5%. At the same time, energy costs are to rise again: by 16.7% from 2024. For the logistics... more
Gebrüder Weiss takes solar car to Australia
The international logistics company Gebrüder Weiss will transport an innovative solar car to Australia for the ‘aCentauri’ solar racing team of the Swiss Federal Institute of Technology (ETH) in Zurich. The World Solar Challenge will begin there at the end of October. 31 teams... more