New locomotives to haul coal in Indonesia
Progress Rail in the USA has signed a contract with PT Kereta Indonesia (PT KAI) for 36 new freight locomotives that will expand the Indonesian railway operator’s existing GT Series fleet. The new traction will go into service for PT KAI’s South Sumatra coal haulage operations... more
Passing on oil price reductions
The freight forwarding associations Fiata and Clecat have called on the liner industry to relieve the burden imposed by Covid-19. With regards to the sudden decline of the price of very low-sulphur fuel oil (VLSFO), just after the steady rise in costs last year caused by the... more
IRU-UNECE call for coordinated measures
The International Road Union (IRU) and the UN Economic Commission for Europe (UNECE) continue their cooperative and proactive joint response to the Covid-19 pandemic. In a joint letter addressed to customs administration bodies, the two organisations stressed the importance... more
Emirates witnesses inbound e-commerce boom
"Emirates Delivers", the e-commerce delivery platform launched by the freight division of Emirates some six months ago, has witnessed a month on month jump of 20% in shipments delivered in March and April 2020. Targeted at individual shoppers and small businesses... more
Service in the Caribbean enhanced
Evergreen, which started its services in the Caribean in 1995 and appointed four agents in the region in 2008, will now extend its intra-Caribbean CAJ service to the US Gulf. The new rotation will include calls at Port Everglades, New Orleans and Houston, as the maritime... more
Spanning the Pacific Ocean
Aerolíneas Argentinas arranged its first two return flights to China last week. The flights took approximately 55 hours with 6 hours of estimated loading work, using an A330–200 specially prepared with nets to enlarge cargo capacity by up to an additional 84% (13 t). Taking... more
Biggest total cargo volume ever flown
Witnessed by about 80,000 people in Warsaw (Poland), the AN-225 landed on 14 April carrying a record cargo volume of medical supplies. The day before, "Mriya", loaded with about 100 t of medicines, reagents for laboratory tests, medical masks and other protective... more
Another good start and big plans in Brazil
An affiliate of the Miami (FL, USA)-based global private equity investment firm HIG Capital has invested, through convertible debt, into Modern Logistics, a major Brazilian one-stop-shop full service logistics firm. Terms were not disclosed. Modern Logistics, the only firm... more
Peak of blank sailings reached?
Copenhagen (Denmark)-based maritime analyst Sea-Intelligence reports that, as of 11 April, the number of blank sailings due to the pandemic now amounts to 384. Over the last week, the carriers announced an additional 83 blank sailings on various deep-sea trades. The count of... more
Management changes at Delek Logistics
Delek Logistics Partners, a Tennessee (USA)-based provider of oil products logistics, has announced the following organisational and management changes along with the appointment of a new CFO: Reuven Spiegel will become EVP and assume the role of CFO following the departure of... more