More Traxx for Poland, Italy and Scandinavia
Rail vehicle leasing company Railpool and manufacturer Alstom have signed a framework contract comprising 27 newly built Traxx AC3 and Traxx DC3 locomotives and an option for a further 15 locomotives. The locomotives are intended for use in Poland, Italy, Norway and Sweden... more
Trialling a solar energy powered truck
Geodis has joined hands with Volvo Australia to pilot the first fully electric (FE) variant truck for freight forwarding within Australia. The vehicle is powered by both solar energy and energy-efficient charging systems. Geodis will be assessing factors, including the... more
Maersk to recruit South African cadets
Following an extensive review process, A.P. Moller - Maersk (Maersk) has identified South Africa as a suitable source for recruiting additional crews for its fleet, which comprises 280 fully-owned and operated container vessels, employing 12,500 seafarers. South African... more
HMM also sees the tide turning
South Korea-based carrier HMM has reported its 2022 results as the last of the big shipping companies in line. Revenues of USD 14.5 billion (+34.7% compared to 2021) stood against a net profit in 2022 of USD 7.9 billion, an increase of 34.8%. Despite a 3.5% decline in... more
Rail-sea service to the East launched
Ruscon and Sakhalin Shipping Company (Sasco), both part of Delo Group, have launched a joint multimodal service on the Moscow-Vladivostok-Korsakov-Magadan route in Russia. Trains from Ruscon's own terminal at Kresty station (Moscow) depart for Ugolnaya station (Vladivostok)... more
Teleport picks Wexco Group as GSSA in Australia
Wexco Group, Australia’s longest-serving GSSA, has signed a contract with Teleport, the logistics venture of Capital A (formerly known as Air Asia). It covers three airlines for all belly capacity originating from Australia and New Zealand. The contract puts the ECS Group... more
Price for logistics real estate at a record high
2022 was a year of record growth in global logistics property rents since Prologis Research began tracking them in 2007. According to the Prologis Logistics Rent Index, which analyses markets in North America, Europe, Asia and Latin America, global rents increased 30%... more
Cpat: new contract with Aliscargo Airlines
Cpat Global has landed a new contract with Aliscargo Airlines, the only Italian intercontinental cargo airline. Cpat will be providing aircraft systems courseware and access to the aviation specialty courses (general subjects) tailored for Aliscargo’s B767 fleet. “Cpat’s... more
Echo LTL and Roadtex: changes at the helm
Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services, and Roadtex Transportation, an Echo company, have strengthened their executive teams. Frank Hurst, formerly president of Roadrunner, has joined Echo as the executive... more
Silver for haulier’s environmental efforts
Kerry Logistics has won the Silver Award in the transport and logistics category at the Hong Kong Awards for Environmental Excellence for its outstanding green leadership, effective environmental programmes and efforts in encouraging its partners to implement environmental... more