CargoAi launches Cargowallet 
CargoAi is launching Cargowallet, a modern payment solution for air cargo with supply chain financing capabilities, allowing freight forwarders to make payments for their air cargo shipments directly within the Cargomart booking flow. Cargowallet’s key USPs for freight... more
Trialling a solar energy powered truck
Geodis has joined hands with Volvo Australia to pilot the first fully electric (FE) variant truck for freight forwarding within Australia. The vehicle is powered by both solar energy and energy-efficient charging systems. Geodis will be assessing factors, including the... more
Teleport picks Wexco Group as GSSA in Australia
Wexco Group, Australia’s longest-serving GSSA, has signed a contract with Teleport, the logistics venture of Capital A (formerly known as Air Asia). It covers three airlines for all belly capacity originating from Australia and New Zealand. The contract puts the ECS Group... more
Rail-sea service to the East launched
Ruscon and Sakhalin Shipping Company (Sasco), both part of Delo Group, have launched a joint multimodal service on the Moscow-Vladivostok-Korsakov-Magadan route in Russia. Trains from Ruscon's own terminal at Kresty station (Moscow) depart for Ugolnaya station (Vladivostok)... more
HMM also sees the tide turning
South Korea-based carrier HMM has reported its 2022 results as the last of the big shipping companies in line. Revenues of USD 14.5 billion (+34.7% compared to 2021) stood against a net profit in 2022 of USD 7.9 billion, an increase of 34.8%. Despite a 3.5% decline in... more
Silver for haulier’s environmental efforts
Kerry Logistics has won the Silver Award in the transport and logistics category at the Hong Kong Awards for Environmental Excellence for its outstanding green leadership, effective environmental programmes and efforts in encouraging its partners to implement environmental... more
Vessel S&P service backed by Baltic Exchange
Squire Patton Boggs (SPB), a Cleveland (OH, USA)-based international law firm with 42 offices in 20 countries, has partnered with The Baltic Exchange, owned by the Singapore Exchange (SGX) Group. The contribution of the company, which achieved a turnover of over USD 1... more
On big and small anniversaries
Cargo-Partner in Hong Kong recently celebrated the 15th anniversary of its regional head office for the Asia-Pacific region. 2023 also marks the 40th anniversary of the founding of the Austrian group at Vienna Airport. As the company's regional head office, the Hong Kong... more
Wisetech Global's next coup
Sydney (Australia)-headquartered Wisetech Global (WTC), developer of the logistics software Cargowise, recently acquired the US-based company Blume Global (Blume). Amongst others, Blume provides a software solution facilitating intermodal rail in North America. The price of... more
Creating a new rail footprint for Australia
Team Global Express (TGE) has signed an eleven-year partnership with Aurizon to operate its containerised railfreight service along the East-West (Sydney-Melbourne-Adelaide-Perth) and North-South (Brisbane-Sydney-Melbourne) railfreight networks. The Australian carrier will... more