Antonov continues to assemble new transport aircraft 
The Ukrainian aircraft manufacturer Antonov is continuing to produce the AN-178 aircraft under quarantine conditions. As of last week, the preparatory works for jig assembly of the aircraft’s fuselage were completed. In total, 25 Ukrainian companies and about 30 European and... more
Omniq appoints Barak Hershkovitz to advisory board
Omniq, a Salt Lake City UT (USA)-based provider of supply chain and artificial intelligence-based machine vision solutions, has chosen Barak Hershkovitz to fill a seat on its advisory board. He will act as a technology advisor. Hershkovitz is currently the director of... more
Fight against Covid-19 in the Antipodes
Hawaiian Airlines reports that "while our nearly empty cabins signal the difficult new reality facing the airline industry, the containers that fill the bellies of our aircraft tell a different, more uplifting, story": Each day approximately 51 t of produce,... more
Divestments and investments of Royal Vopak
The tank storage company Royal Vopak achieved revenues of EUR 296.9 million in Q1/2020. Ebitda amounted to EUR 200 million compared to EUR 215 million (pre-divestments) in Q1/2019. On 31 January 2020, Vopak completed the earlier announced divestment of its 100% shareholding in... more
Efforts abound in South American markets
After widening its intra-American network, Latam Cargo is strengthening its supply between South America and Europe. Specifically, the company added a seventh weekly frequency, totalling a 40% increase in its offer compared to the period prior to the pandemic. Up until 18... more
Alliances weathering the storm differently
Deep-sea carriers have currently blanked 435 sailings. The Copenhagen-headquartered maritime consultancy Sea-Intelligence said in a recent bulletin that these cancelations stand for a decline in demand of 7 million t in 2020. The blanking measure, however, protects the... more
Maxine Krajniak joins Crane Worldwide Logistics
Crane Worldwide Logistics announced that Maxine Krajniak has joined the senior management team as vice-president cruise, marine & hospitality, to support the cruise industry, marine industry, and hospitality industry in their recovery post-Coronavirus Covid-19. Krajniak,... more
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