Freight volume halved due to sanctions 
International transport and logistics company Operail reported a freight volume of 5.2. million t in the first nine months of this year. This is 50% less than in the same period last year, the carrier said. The decline in freight volume is due to the sanctions imposed by... more
Matson feels transpacific drop
The Honolulu-based Matson Navigation Company recently reported its Q3/2022 results, disclosing its deployment strategy. Chairman and CEO Matt Cox spoke of "lower demand in the transpacific trade lane”. The carrier thus decided to end its temporary CCX service about six... more
Chattogram to open in December
A.P. Moller-Maersk’s new 9,000 sqm warehouse at Chattogram (Bangladesh) will soon be operational. The three-storied facility is expected to go live by December. The hub is situated close to Chattogram Port and well-connected by the outer ring road and Karnaphuly tunnel to the... more
Bringing widebody capacity back to Tokyo
Commencing from Sunday, 13 November 2022, IAG Cargo, the cargo division of International Airlines Group (IAG), is restarting its direct service between London and Tokyo HND. The revival of this service will be welcomed by IAG Cargo customers from both Europe and Japan after... more
DB Schenker strengthens management board
DB Schenker is setting up its management team for the future and has elected two top international managers to strengthen its management board. The Dutchman Hessel Verhage (left), formerly executive vice president global strategy and transformation, is moving up to the top... more
336 million barrels of oil saved
Lineage Logistics, a specialist in temperature-controlled industrial REIT (real estate investment trusts) and logistics solutions, has renewed its participation in the Smartway transportation partnership of the US environmental protection agency EPA. The programme provides a... more
Silk Way West orders Boeing 777-8 freighters
At a ceremony recently held in Everett, Washington (USA), Azerbaijani cargo carrier Silk Way West Airlines signed an order with Boeing for two state-of-the-art 777-8 freighters with options for two additional aircraft. Under the agreement, aircraft deliveries are planned for... more
Seven LNG carriers in a row
NYK affiliates have inked a long-term time-charter contract with Qatar Energy. Seven liquefied natural gas (LNG) carriers will be deployed for the state-run energy company. The shipbuilding contracts for the LNG carriers with a capacity of 174,000 cbm each go to the South... more
Rituals in Hanover
The home and body scents company Rituals Cosmetics and the service provider Arvato Supply Chain Solutions opened a logistics hall at the Hanover Fair site (Germany) last week. Arvato will now handle Rituals Cosmetics’ online business for Germany, Austria, Switzerland, and... more
