Not U-turn, but Uway
A new round of financing plans is on for the Indonesian e-commerce platform "Uway". The company spoke of a sum of USD 500 million financing and continued that "Uway's goal is to create a fully optimised supply chain that allows every consumer to get the goods they... more
A double anniversary for Intrapass
Anis Khan, CEO of Intrapass, a logistics provider at Zurich Airport, was able to celebrate a double anniversary at the beginning of August: the 18th year of his company, but also his own 65th birthday. During a gala dinner, the guests heard the story of Khan’s career.... more
“We remain agile and active”
In conversation with Nova Traffic CEO Daniel Stein. Nova Traffic has been active in the transport and logistics market since 1982. Commitment and good luck, which is occasionally also deserved, has kept the firm from Kloten, near Zurich, going. The ‘haulage artists’ celebrated... more
Not in cloud cuckoo land
Mohanned Badri, Saudia Cargo’s vice-president for operational performance. The latest figures portend a great future for Saudia Cargo. At Air Cargo Europe, Mohanned Badri, who’s been at home in the airfreight industry for 21 years, told ITJ editor Andreas Haug about the... more
Shipping line launches express rail shuttle
At the beginning of July, CMA CGM introduced the Duisburg express rail shuttle as an expansion of its intermodal services. The new train connects Duisburg in Germany’s Ruhr region with Rotterdam in the Netherlands. Taking one day to complete the journey, the shuttle runs... more
Iata data show weak market conditions
The international air transport association (Iata) released its data survey on global air cargo markets for May 2023, showing weak market conditions. Global demand, measured in cargo tonne-kilometres (ctk), fell 5.2% compared to May 2022 (-6.0% for international operations).... more
Rerouting Transpacific-West Coast service
The Alliance member Hapag-Lloyd has announced that, "in consideration of the present market situation, the Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service and enhancing the existing PS3, PS6, and PS7... more
Cargo-Partner opens hub in Turkey
The new iLogistics Centre has 20,000 sqm of warehouse space with 5,850 sqm of bonded warehouse space. It is located close to Istanbul's new airport and the region's seaports. At the new location, Cargo-Partner offers a wide range of logistics services, including... more
PIL’s new service sets sail
Starting today, 6 July 2023, the new weekly direct "Korea China Straits Service" (KCS) of Pacific International Lines (PIL) will be connecting key ports in South Korea, China, along the Malacca Straits and Vietnam. Surendran Mathilagath, head of Intra-Asia... more
The first ten (or 50)
Maritime Energy Heli Air Services (Mehair) has inked a deal with Jekta, the Switzerland-based Pha-Ze 100 amphibious aircraft manufacturer, for ten firm orders and options for 40 more. The Indian seaplane operator would therefore be the first customer to receive the aircraft in... more