India to lead growth in Asia
After an all-time high in 2018/2019, the global market for freight wagons began to slow down already at the end of 2019. This development was driven primarily by China Railways, which failed to fulfil its procurement plan for up to 210,000 freight wagons between 2018 and... more
Ceva expands its capabilities in Africa
Ceva Logistics has acquired a controlling stake in AMI Worldwide, a third-party logistics provider with an extensive network in East and Southern Africa. Effective 1 July, the AMI Worldwide office network in 12 countries in East and Southern Africa and its almost 1,000... more
Rail service restored at Apapa Port
APM Terminals Apapa and the Nigerian Railway Corporation (NRC) have restored rail connectivity for containers to the Lagos Port Complex in Apapa, Nigeria. This move follows the acquisition of two new mobile harbour cranes earlier this year. The two companies have developed a... more
Difficult times ahead for car carriers
The research and data mining company Vessels Value has analysed the development of the demand for maritime vehicle carriers in 2020. Demand globally is down 18% year on year so far. In detail, some markets (Japan exports and China imports) are showing faster recovery than... more
Swissport and Xiamen Airlines active in Accra and Belgium
After many years of loss-making operations, Swissport Belgium and its subsidiary Swissport Belgium Cleaning, will file for bankruptcy and prepare to cease operations. As a separate legal entity, the group's cargo business in Brussels (BRU) and Liège (LGG) is not affected.... more
Study examines rail link from Addis Ababa to Port Sudan
The African Development Bank has approved a USD 1.2 million grant to Ethiopia’s government to finance a feasibility study for the construction of a standard-gauge railway link between Ethiopia and neighbouring Sudan. The two-year, comprehensive feasibility study will assess... more
Volumes and sailings keep slipping
Carriers worldwide announced another 521,000 teu of blank sailings in the course of the calendar week 23, said Copenhagen-based maritime consultant Sea Intelligence, which is a 15% increase over the announcements made the week prior. Accordingly, the six-week plateau during... more
CMA CGM's sound start of the year
In his most recent outlook on the carrier's current situation, Rodolphe Saadé, chairman and CEO of the CMA CGM Group, commented: “Despite the uncertainty around global economy, we anticipate an improvement during the second quarter.” CMA CGM Group, member of the Ocean... more
Analyst issues warnings for June
May 2020 was not as bad for the air cargo industry as the previous month. As indicated in data from Clive Data Services, the industry has passed the lowest point. After a -37% decline in volumes YOY in April, the corresponding figure for May of -31% showed a slight upward... more
DHL says "thank you" in Linz
DHL Express came up with a special gesture to thank frontline workers amid the coronavirus pandemic. A DHL aircraft with rainbow symbols and huge stickers saying "Thank you" shows the express service provider's gratefulness for all essential workers who keep operations... more