The many facets of air cargo in Q1 
The chargeable weight flown as air cargo worldwide in the first quarter of 2023 ended up 11% below that of the equivalent period last year (Q1/2022), according to market data released by World ACD. But there is tremendous variation globally, depending on factors such as... more
ASA’s first International Shipping Forum
A series of top executives addressing the Asian Shipowners’ Association’s first International Shipping Forum (ISF) voiced their optimism concerning cooperation to overcome the challenges of the future. The ISF, held at the Marina Bay Sands hotel in Singapore, addressed ‘Blue and... more
Manage supply chain risks with a PSA BDP tool
PSA BDP, a provider of integrated and port-centric supply chain and transport solutions. has launched its ‘Risk Monitor’, a digital tool that provides real-time supply chain visibility to customers through data analysis, also with the help of an add-on feature called ‘Smart... more
Jas Worldwide expands footprint in China
Atlanta (GA, USA)-based JAS Worldwide has completed the acquisition of Tigers, a freight forwarder and supply chain management company headquartered in Hong Kong, China. The transaction allows JAS to further reinforce its freight forwarding activities and broaden its service... more
Hacis to open new cool zone in Hong Kong
Hong Kong Air Cargo Industry Services Limited (Hacis), a logistics arm of Hong Kong Air Cargo Terminals Limited (Hactl), has opened ‘Cool Zone’, new climate-controlled facility to cater for the increasing volumes of perishable and temperature-sensitive e-commerce transiting Hong... more
Wärtsilä and MPA Singapore sign MoU
Wärtsilä, a global provider of innovative technologies and lifecycle solutions for the marine and energy markets, has signed a memorandum of understanding with Maritime and Port Authority of Singapore (MPA). The aim of this partnership is to enable the introduction of next... more
CGSA handles its biggest vessel so far
Contecon Guayaquil (CGSA), the Ecuadorian subsidiary of International Container Terminal Services, Inc. (Ictsi), recently handled “Maersk Camden”, which is the largest vessel to call the port of Guayaquil to date. The ship has a capacity of 15,413 teu. Operating Maersk's... more
Smartist: a global hub for DHL
DHL Global Forwarding is extending its operations to Smartist, Turkish Cargo’s cargo hub at Istanbul Airport. The two logistics companies have implemented a memorandum of understanding to this effect. DHL will now leverage the mega cargo facility as one of its global hubs, which... more
Hupac: standing up for combined transport
Swiss combined transport operator Hupac shipped 1,104,000 road consignments in combined road/rail and seaport-hinterland services last year. This is 1.8% less than in 2021. Economic slowdowns, price increases and persistent capacity bottlenecks on the Rhine-Alpine corridor... more
More growth - despite market challenges
Hellmann Worldwide Logistics increased its total sales by 24% to EUR 5.0 billion in 2022, with shipment volumes rising year-on-year to just under 20 million (2021: 18.1 million). Ebit grew by 31% to EUR 210.8 million. With an improved cash flow from operating activities of... more