Raft picks Rod Talbot 
Raft has appointed industry veteran Rod Talbot as vice president sales, Asia, to help increase its presence and expertise in the Asia Pacific region. Talbot, a seasoned senior director and business executive with over 25 years’ experience in supply chain and logistics, was... more
Major privatisation in East Asia
In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank (KDB) and the Korea Ocean Business Corporation... more
Multi-user facility to open in Shanghai
Geodis has signed a ten-year lease agreement with the PRD Group for a 20,000 sqm multi-user facility in Minhang district, Shanghai (China). The facility is set to bolster the company's contract logistics capabilities for retail partners and to support the e-commerce industry... more
Yang Ming posts historic profit
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... more
10 x ONE
Singapore-based Ocean Network Express (ONE) has ordered ten large containerships with a capacity to carry more than 13,700 teu each, to be delivered in 2025 and 2026. This order is in line with the company's medium-term strategy, announced in March 2022, and follows on from... more
Broad-gauge network fully electrified
Indian Railways is working in mission mode to become the largest green railway in the world and is moving towards becoming a net-zero carbon emitter before 2030. Its affiliate, Central Railways, has achieved 100% railway electrification on all of its 3,825 km of broad-gauge... more
Greater visibility for Menzies thanks to Wipro
Wipro Limited, a technology services consultancy, has been chosen by Menzies Aviation, the world’s largest aviation services firm, to transform its air cargo management services. Wipro’s cargo handling options will provide greater visibility of cargo location to both Menzies... more
Takeover expands event logistics portfolio
Estes Forwarding Worldwide (EFW), a US domestic and international forwarder that specialises in customised logistics and warehousing solutions, has acquired Legacy Logistics, a trade show and event logistics provider headquartered in Pennsylvania (USA). The acquisition... more
Christening the new king of capacity
Most of the general managers concerned held speeches welcoming the first ship of the 24,116 teu ultra-large containership series at a christening ceremony which was held on 9 March 2023. Other representatives signed the delivery document. This vessel was built by Bank of... more
New record for PSA Singapore
PSA Singapore has compared the results of the financial years 2022 and 2021. In 2022, it achieved a new record in container throughput measured in teus since PSA Jurong Island Terminal began operations in 2012. On 31 December 2022, PSA Singapore recorded an annual volume of... more