ZIM: best half-year results so far 
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The shipping group ZIM has published its consolidated results for Q2/2022. Volumes carried went down by 7% year-on-year to 856,000 teu (Q2/2021: 921,000 teu). H1/2020 saw 1.72 million teu handled compared to 1.74 million in H1/2021. The average freight rate per teu over the... more
Free trade does the trick 
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How important are preferential tariffs in economic treaties? Switzerland as a neutral country – be it ‘actively’ so or not – depends on imports and exports for its economy. It’s economics ministry has teamed up with Efta to investigate the effect free trade has on companies’s... more
Expanding business with new locomotives 
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CD Cargo has placed an order with Siemens for ten interoperable multi-system Vectron MS electric locomotives with a maximum operating speed of 160 km/h. The new rolling stock be used for the transport in other countries with port access like the Netherlands and Belgium. The... more
Menzies-RAS expands in Pakistan 
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By acquiring a stake in Royal Airport Services, Menzies has created a strong growth platform for Menzies Aviation in Pakistan, with Menzies-RAS securing contract wins with several major carriers in the region since forming in early 2021. Menzies-RAS recently won a contract... more
Autonomous road haulage in Texas 
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Autonomous vehicle company Aurora and transport service provider Schneider National have launched a multiphase commercial pilot to haul freight autonomously. For a first phase, the two companies recently started weekly autonomous hauls between Dallas and Houston with Aurora... more
Is this the beginning of the end for CBER? 
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In Brussels, the shipping industry is back on the agenda. The European Commission (EC) is asking for input as it starts its review of its competition regulations for carriers. This initiative follows a demand from about ten organisations of European shippers, freight... more
Cargo-Partner buys stake in Sim Cargo 
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The European general cargo network Sim Cargo has accepted Cargo-Partner's offer to acquire a third of its shares. With its 50 employees, Sim Cargo, which was founded in 2020, provides logistics and digital services for 260 medium-sized system partners. Both parties know each... more
Prestigious newcomer to executive board 
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Hans Airways, a new long-haul hybrid airline readying to start cargo-friendly scheduled flights between Birmingham, UK and Amritsar, India, has appointed Baroness Usha Prashar, CBE to its executive board. Since 1970, Baroness Prashar has served as director, or chair, of a... more
Silk Way West Airlines unveils new website 
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Cargo carrier Silk Way West Airlines, a member of the Silk Way Group operating in the Caspian and CIS regions, has launched its redesigned website. The website has several new features, including a responsive, user-friendly layout, simplified navigation and newly... more
Throughput and awareness in Abidjan 
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In the Ivory Coast, Terminal Roulier d’Abidjan (Terra), which provides handling services and operations related to ro-ro ships at the Port of Abidjan, has received the “Green Terminal” label issued by Bureau Veritas. This award, which was bestowed in June 2022, attests to... more