The deal is undone
On 27 September 2021, Maersk said goodbye to its subsidiary Maersk Container Industry (MCI), which had been in business since 1991, and to the latter’s Qingdao facilities. Maersk signed and sealed the takeover agreements the China International Marine Containers Group (CIMC),... more
Efficient rail solution for energy transports
Canadian National Railways (CN) and the energy company Keyera have signed a memorandum of understanding that will leverage their joint expertise to evaluate the creation of a specialised clean energy terminal in Alberta’s industrial heartland. The partners believe that this new... more
DHL Express partners with Singapore Airlines
International express service provider DH has welcomed the arrival of its new Boeing 777 freighter at Singapore Changi Airport. The freighter, which sports a dual DHL-Singapore Airlines (SIA) livery, has a maximum capacity of 102 t. SIA will operate it on routes to USA via... more
UK’s Hico charms Bengal Tiger and CFS
The trust fund Hico, owned by the British Hartnoll family, has acquired all the assets of Bengal Tiger Line (BTL) from CMIA Capital Partners, formed in 2017. With initial roots in Hamburg (1986), registration was subsequently transferred to Cyprus before BTL moved to Singapore... more
Intermodal transport to Qingdao
Dimerco recently transported six light civil aircraft from the USA to China, despite lockdowns, port congestion, unfavourable weather conditions and a time-critical schedule. The re-assembly of the cargo and the testing took place on arrival at Guangyuan airport, to coincide... more
Eimskip holds a steady Atlantic course
Eimskip has reported its results for Q2/2022. Volumes were strong in imports to Iceland and in Trans-Atlantic services. The domestic Iceland segment performed well driven by overall high activity in the Icelandic economy, although fish transportation was down compared to the... more
IonQ’s algorithms to improve air cargo handling
IonQ, a quantum computing specialist, is launching a collaboration with Airbus to explore the potential application and benefits of quantum computing for aerospace services and passenger experiences. The quantum aircraft loading optimisation & quantum machine learning... more
70 years ago: air freight concept scrapped
The XC-120 packplane project was finally scrapped in August 1952. Based on a converted C-119 military aircraft ("flying boxcar"), the plane designed by US manufacturer Fairchild wanted to adopt the concept of road transport with interchangeable trailers - six years... more
Montevideo's green plans for Europe
The ports of Montevideo and Hamburg have been in close contact since 2005, when they signed the first memorandum of understanding (MoU), which was renewed in 2013. Then as now, the focus was on the international exchange of knowledge and experience. The third MoU was signed... more
Guardians set for change
Restraint practiced by cartel authorities could soon come to an end. The cycle of mergers and acquisitions is continuing in the logistics industry. GXO wants to finalise its purchase of Clipper Logistics in the UK by the end of this year. Antitrust authorities’s green lights... more