ICTSI on par with 2019 
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
CFO for CIS
The USA's Cass Information Systems (CIS), a provider of information and payment management solutions, has named Michael J. Normile (photo) as executive vice-president and chief financial officer. He succeeded P. Stephen Appelbaum, Cass EVP and CFO since 2006, who will help... more
Vaccines from Belgium distributed in South Korea
Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain storage, were packed in Belgium for their journey, and... more
New president for Penske subsidiary
Phil Peck, the chief operating officer of Epes Transport since 2019, has been promoted to president. He succeeds Richard Kuehn, who is retiring, having helped to lead Epes for 23 years. Epes Transport is a business unit of the USA’s Penske Logistics, and is celebrating its 90th... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
Still committed to protecting wildlife
On 2 March 2021, San Francisco airport (SFO) welcomed the return of Emirates with the arrival of its first nonstop flight from Dubai in eleven months. The Middle Eastern airline started SFO operations in 2008 and made it its first A380 West Coast destination that same year.... more
Seasonal upgrade for PAD
CMA CGM and Marfret will enhance their joint Europe-Australasia Panama Direct (PAD) as from the end of March. The frequency will be increased from fortnightly to weekly, with CMA CGM providing eleven vessels and Marfret one unit. The rotation will remain the same. Ports of... more
TSA "qualifies" dual-view air cargo scanner
The HI-SCAN 145180-2is pro of Smiths Detection, an American specialist for threat detection and security screening technologies, has been added to the “qualified” section of the transportation security administration’s (TSA) air cargo screening technology List (ACSTL) under... more
Drones assist in vaccine logistics
Zipline is cooperating with UPS and the UPS Foundation to assist the government of Ghana in the delivery of Covid-19 vaccines across the West African country. Supported by the coordination of UPS Healthcare with vaccine manufacturers, UPS deliveries of initial vaccines... more