Europeans buy out South African courier
DSV Panalpina is acquiring Globeflight Worldwide Express, a South African based courier company. The takeover includes all Globeflight’s operations in South Africa and Swaziland. The small express parcel courier sector is the core aspect of the transaction. Keith Pienaar,... more
Barloworld feeling Covid-19
The South African company Barloworld has reported on its last financial year ending on 30 November 2020. The company's revenue of ZAR 49.7 billion (EUR 2.7 billion), down 17% in comparison to the previous year, while the operating margin was also down from 6.6% to 4.1%. In... more
Digitalising the timber supply chain
Timber Ex-change is the new marketplace launched by the timber trade company Centersource. It is designed as a digital toolset for forwarders, sawmills and importers. The digital platform provides users with a common marketplace to streamline every step of the timber supply... more
Tiaca starts digital ACF with people-focused session
Because of the Covid-19 pandemic, the International Air Cargo Association is organising a wholly digital version of its Air Cargo Forum (ACF) this year and inviting interested persons to register for six sessions scheduled until 10 December, starting with yesterday's (1 December... more
More capacities to tackle pandemic
With the arrival of the first converted B767-200 freighter in Africa, which will join Astral Aviation in January 2021, the Kenyan carrier will offer an on-demand charter service for vaccines to Africa. This will complement its existing regional freighter fleet consisting of... more
ITJ Video News – 26 November 2020
In the ITJ Video News of the 26th of November 2020, editor-in-chief Chris Doepgen presents news on Valenciaport’s figures for October; Ethiopian Cargo’s new trans-Pacific route; a retirement at Danser; Union Pacific’s new intermodal terminal in the USA; and a new Pernod Ricard... more
African locomotives transport 10 million t
Transnet Freight Rail (TFR) awarded Bombardier the contract to supply 240 electric locomotives in March 2014. Since then, Bombardier has been delivering the Traxx locomotives to Transnet as part of South Africa’s rail modernisation plan. Furthermore, on-site manufacturing is... more
Container index climax
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) showed a robust improvement in October, rising from (corrected) 119.6 to 122.6 points, an all-time high. The leap forward was... more
Secured trade lane between Egypt and Italy
The first pilot project to ship containers from Italy to Egypt under the control of RFID eSeals has been completed. The fast & secure trade lane between the ports of Genoa and Alexandria is now a fact. The project, developed within the framework of the European project... more
Change in Iata's leadership
The International Air Transport Association (Iata) has announced that its director general and CEO Alexandre de Juniac (right, together with Glyn Hughes, who will leave its position as Iata’s global head of cargo in January 2021), will step down from his role at the association... more