ICTSI: volumes up in Q1/2020 
The outbreak of the pandemic also affected the results of Q1/2020 of terminal and port operator ICTSI. Enrique K. Razon Jr., ICTSI chairman and president, spoke of "devastating effects on our societies" and a necessary "significant amount of combined effort from... more
Newtek Logistics joins Neptune Cargo Network
Neptune Cargo Network, the global NVOCC and LCL cargo alliance reports that Newtek Logistics Services (Douala, Cameroon) has registered and confirmed its membership. Newtek was established in 2008 and is a 100% Cameroonian private capital company focusing on logistics and... more
Bridge to boost trade between Cameroon and Chad
The African Development Bank (AFDB) has approved grants worth EUR 40.94 million for the construction of a bridge across the Logone river. The funds will co-finance the costs of construction of the bridge between Yagoua in Cameroon and Bongor in Chad, access roads and... more
Two different paths for Virgins
Virgin Atlantic will operate over 90 cargo-only flights per week this month as it helps customers reopen vital trade lanes connecting the UK with global markets. The airline will also operate cargo-only flights through Dublin for the first time, enabling Ireland's medical... more
Imperial retires from inland navigation in Europe
As announced some time ago, South Africa-based Imperial Logistics has decided to sell its inland shipping activities in Europe. The buyer is the German company Häfen und Güterverkehr Köln (HGK). The purchase price is EUR 176 million with the value of the business being... more
New chartering desk for East Africa
Dutch shipping company Universal Africa Lines has established a new chartering desk in Denmark. Allowing UAL to expand its current services with new regular sailings from the Mediterranean and the Black Sea to West Africa, the Danish chartering desk will additionally focus on... more
February 2020 already gloomy, says Drewry
British maritime consultancy Drewry reports that its global container port throughput index fell to 108 points in February 2020, 15.6% down month on month and 4.4% down year on year. The index plunged 20 points, which is the largest fall in a single month since the launch of... more
Road transport industry needs support to recover
The International Road Union (IRU) is calling for wide-ranging support for the road transport industry to drive global COVID-19 recovery efforts. New findings reveal the scale of the impact the pandemic has had on the over 3.5 million companies that provide road transport... more
One GSSA found, three still needed
Starting Saturday, 9 May 2020, Globe Air Cargo Argentina will represent Qatar Airways Cargo in sales, marketing, operations and airport services activities in the South American country. The new GSSA is part of the ECS Group, and its nomination comes after the Middle... more
China and Europe on an equal footing?
The current container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) shows mixed results. Overall, the seasonally adjusted index for March recorded an increase of 5.9 points to 111.2, which... more