Swire launches PWX
A new service has been introduced in the Asia-Pacific trade lanes. Swire Shipping, the former China Navigation Company, has launched the Pacific Weekly Express (PWX) service. It calls ports on a seven-day frequency in Papua New Guinea, Solomon Islands, New Caledonia, and Fiji,... more
Tianjin maintains speed
The Port of Tianjin has drawn a positive balance for 2022. The Chinese port, which also services Beijing, passed the threshold of 21 million teu last year, an upswing of 6.9% compared to the median of the last five years and 3.9% above the level in 2021. China Tianjin Port... more
DP World wins bid in India
DP World has won a major concession at Deendayal port in Gujarat, on the western coast of India. The key purpose of the project is the construction, development, and operation of a container terminal at Tuna-Tekra within the framework of a public private partnership (PPP).... more
Only two weeks left to express interest
Uzsama, Uzbekistan's State Assets Management Agency, and Uzbekistan Airways have appointed the British aviation services group ACC Aviation on an exclusive basis for the remarketing and disposal of various aircraft. Founded in 2002 as an aircraft leasing specialist, the... more
Heavier trains in the West
Australia is boosting railfreight in the West: The NSW government is investing more than AUD 24 million (EUR 15.6 million) into upgrading 96 km of rail line between Gilgandra and Coonamble to help increase freight loads and lower costs. The rail line will be upgraded to... more
AAL fosters presence in the Middle East
AAL Shipping (AAL) established its first representative office in the Middle East in Dubai in early 2015. The carrier is now operating at least one scheduled multipurpose heavy lift cargo sailing through the region every month (via its Europe, Middle East / India, Asia liner... more
10 minutes, 6 hours
Two aeroplanes fly high. Mid-January saw the largest aircraft in the world back in the air again – higher and for longer than ever before. Research into hydrogen as a fuel for aviation has also reached a milestone, with the largest hydrogen aircraft to date. more
14th Emerging Markets Index: stability and upheaval
The Agility Emerging Markets Logistics Index for 2023 has just been published. Now in its 14th edition, the Index ranks countries for their logistics competitiveness based on their logistics strengths, business climates and digital readiness. In this year's rankings, China... more
All-time high for truck deliveries
2022 was a record year for Volvo Trucks. The Swedish manufacturer delivered 145,195 trucks in 2022, an all-time high and an uptick of 19% from the 122,525 in 2021. Volvo Trucks also increased its market share in the heavy truck segment (≥ 16 t) in 41 markets globally. The... more
155,000 km rail tracks in operation
China invested CNY 710.9 billion (EUR 97.5 billion) in railway fixed assets in 2022, building and putting 4,100 km new rail tracks into service, including 2,082 km of high-speed routes. By the end of 2022, the country had 155,000 km rail tracks in operation, 42,000 km of... more