MOL to back Metaprop 
MOL Group’s Osakan subsidiary is planning to invest in Metaprop, a New York-based real estate technology investor. Daibiru Corporation, which was fully acquired by MOL in 2022, is collaborating with the desk of the group’s corporate venture capital fund. Its newest project... more
Sustainably bridged 
Financing a section of a trunk road. Turkey – and its largest city Istanbul in particular – is a vital hub for freight traffic between Europe and the Middle East. The ‘Northern Marmara Highway’ will soon provide better roads in the west of the metropolis. more
100,000th China-Europe freight train now en route
The jubilee freight train was loaded with electronic products, vehicles and auto parts, mechanical components, and household appliances. It departed last Friday, 15 November 2024, in southwest China's Chongqing municipality, and will arrive in Duisburg, Germany, after a ten-day... more
KN moves into marine drayage
Kuehne + Nagel (KN) is acquiring 51% of the shares of marine drayage provider IMC Logistics. Based in Collierville, Tennessee, IMC has boosted its US network to 49 locations close to major seaports and rail transport hubs. Founded more than four decades ago, IMC specialises... more
Further digitising Cairo's air cargo operations
Hermes Logistics Technologies (HLT) has upgraded the current cargo management system at Cairo airport. The final stage of the migration of CACC Cargolinx operations to Hermes' latest cloud-based SaaS service sees the launch of two add-on apps that aim to increase data insights... more
Heavier trains for Australia's farmers
The Australian Rail Track Corporation (ARTC) has completed the upgrade of the 35 km line between Narrabri and Turrawan in Australia. The construction work finished just in time for what’s anticipated to be one of the largest grain harvests for farmers in north-west New South... more
DP World diversifies Down Under
DP World Australia has strengthened its hold on port and contract logistics by fully acquiring Silk Logistics Holdings’ issued share capital. The logistics provider’s subsidiary Down Under is looking to expand its own network of four container terminals, three container parks,... more
A sustainable gateway for Latin America
Cosco Shipping has officially commenced operations at Chancay Peru Terminal, its first green and smart port investment in South America. Situated 78 km north of Lima, this advanced deep-water port features four berths, including two berths for containers, and can handle 1... more
Forty years of dedication to safety
Peregrine Storrs-Fox has stepped down as TT Club’s mutual’s risk management director. The celebrated advocate for risk mitigation and safety in the freight industry will now assume a consultancy role to further offer his expertise to TT’s membership and the industry at large.... more
New cargo airport in Azerbaijan
Silk Way Group held an unveiling ceremony during COP 29 to announce plans for the development of a new cargo airport in the Alat Free Economic Zone. This ambitious initiative aims to enhance the group's operational capabilities, foster growth, and leverage the zone’s... more