All business units profitable in Q1/2023 
For Kuehne-Nagel, the start of the 2023 business year was marked by geopolitical and inflation-related challenges worldwide. Nevertheless, the Switzerland-based global logistics company achieved a high profitability in all business units compared to the years before the... more
Digital Freight Exchange goes live in India
India’s National Digital Freight Exchange (NDFE), powered by Semi Cab, has now gone live. The platform is an initiative supported by major supply chain players to make India’s transport network more efficient. NDFE is intended to provide live tracking for every load, achieve... more
ONE’s containerised wind assist units
Two containerised wind assist units will be installed on one of Ocean Network Express’ (ONE) operated container feeder ships before the end of 2023. The Singapore-based company has developed a cost optimisation project called “Sapphire + Project”, which will contribute to the... more
A caravan from Seattle... 
...and one of Dreamliners from Charleston soon. Iraq’s national carrier is making great efforts to meet international standards again, also with brand-new aircraft from the USA. This represents an important step towards getting off the EU’s blacklist. more
Hong Kong airport expands services to mainland
Fred Lam, CEO of the Airport Authority of Hong Kong (AAHK), introduced the novel sea-air intermodal cargo transhipment initiative to John Lee, chief executive of the Hong Kong special administrative region (HKSAR), and a group of legislative council members. Under this... more
ZIM christens two new vessels
At SHI Shipyard in Korea, the Israeli shipping company ZIM recently held a naming ceremony for "ZIM Mount Everest" and "ZIM Mount Blanc", two 15,000 teu LNG-powered vessels for its new fleet. “Godmothers” Alice Tham, ZIM Singapore country manager, and... more
Keith Lim de Nan joins Interoll
Interoll, a global provider of material handling solutions, has appointed Keith Lim de Nan as new manager for Singapore. He will oversee the company’s business and customer services in Singapore, Malaysia, Philippines and Indonesia. Lim de Nan has a master in system... more
Cargo Ai: cargo capacities stable in March 2023
Q1/2023 closed on a positive note showing signs of stability in terms of global capacity, tonnages as well as air freight yields, as may be seen in the report which compares month-on-month (MOM) data from March 2023 vis-à-vis February 2023, based on the total capacity on... more
Stronger focus on timber transports
Delo Group’s affiliate Trans Container and Lesofond have joined forces to develop new strategies for export, import and domestic transports of a wide range of cargo. The companies recently signed an agreement to this effect. The document provides for the development of... more
Hapag-Lloyd buys 40% of Baxi terminal operator
After an agreement with an affiliate of Bain Capital Private Equity, which held a 35% stake in the Indian port operator J M Baxi Ports & Logistics (JMBPL), Hapag-Lloyd completed its acquisition of a 40% shareholding in JMBPL. The transaction has now been approved by the... more