Along the trans-Caspian route
LX Pantos is working with a major Kazakhstani logistics player to advance freight services along the trans-Caspian international transport route. Founded in Kazakhstan in 2022, PTC Group now operates the largest rail vehicle fleet in Central Asia. To boost logistics... more
Hong Kong Air Cargo welcomes new chairman
Hong Kong Air Cargo has appointed Ma Yunpeng as chairman, effective 13 October 2024. Ma brings over 21 years of extensive management experience in the aviation industry, including his role as chairman of Grand China Air. His leadership experience and extensive aviation... more
512,000 t of airfreight
For Q3, Changi airport registered 512,000 t of airfreight throughput, exceeding the same period last year by 13.5%. Growth was seen in all segments – exports, imports and transhipments, contributed by major improvements in cargo flows between Singapore and China, as well as the... more
Stepping into South Africa
By establishing its 62nd international office in Durban, Charter Link Logistic has now moved into the South African market. The business will be led by Natasha Kassipersad on account of her industry experience. The new investment in this area will enable the Hong Kong-based... more
Supporting Hong Kong's gold storage strategy
Since 2009, Airport Authority Hong Kong (AAHK) has been operating the Precious Metals Depository at Hong Kong International Airport (HKIA) to facilitate physical bullion trading and settlement activities. With a capacity for 150 t, the depository has been providing secure... more
Rest stations for drivers in India
Amazon’s Ashray project is providing its delivery associates with rest points in India, aiming to set up five pilot centres in the country’s major cities. The inaugural site was opened in Gurugram, Dehli NCR, in late August, while two further ones came on stream this month... more
Mr. Marine welcomes new CEO
Mr. Marine, which specialises in the testing, inspection, and certification of marine elevators, ballast water treatment systems and marine fixed and portable instruments, has appointed Charles Laarhuis as its new chief executive officer, effective 15 October 2024. Succeeding... more
Paving the Silk Road
Ten years ago, Bulgaria joined China’s ’One Belt, One Road’ initiative. This hasn’t been manifested, however, in concrete transport infrastructure projects in the Balkan country – unlike in Serbia and Montenegro. ITJ correspondent Frank Stier asked around a little in Sofia,... more
Cargo-Partner: three anniversaries in 2024
The international transport and logistics company Cargo-Partner has achieved significant milestones at several of its branches this year, underpinning the company's consistent growth and success in Hungary, Taiwan, and Serbia. Founded in Austria in 1983, Cargo-Partner, a... more
KTZ to rejuvenate its loco fleet
Manufacturer Wabtec closed a USD 405 million agreement to supply Evolutions Series ES44ACi locomotives to Kazakhstan Railways (KTZ). The new units will upgrade KTZ’s aging fleet and support growing rail demand in the region, the operator said. The locos will be built at... more