Taiwanese liners affected by the trend 
In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary pressure, poor demand and downgraded shipping rates.... more
For greener supply chain in Thailand
The Thai grocery retailer Big C and DHL are planning to deploy electric trucks, initially for product distribution in Thailand, from the Big C Wangnoi Distribution Centre to Big C branches in Bangkok. Big C is also considering using other types of electric vehicles to deliver... more
Big role for air cargo in the movies
Turkish Cargo has released three new commercial films presenting its mega hub “Smartist” and the opportunities it offers for the global economy. Designed as the largest industrial building under a single roof at Istanbul airport and situated at a flight distance of 4 hours... more
Asendia deepens commitment to Asia-Pacific
Global e-commerce logistics provider Asendia has hired Senthil Kumar (left) as CEO of Asendia Singapore/South Asia (Asendia Singapore) and Stuart Foster (right) as managing director of Asian Desk, APAC (Asendia Asian Desk). The hires strengthen Asendia's commitment to the... more
Container flows on a positive note?
In December 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) surged to 124.3 points from the 121.9 points (seasonally adjusted) registered the month before, according to... more
Tam Group accelerates expansion in Asean
Tam Group, a GSSA headquartered in Hong Kong, has opened three offices in Southeast Asia. In response to growing demand in the region, the group has embarked on joint ventures with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to launch offices in the key... more
Rental wagons auctioned off
Operail Leasing in Estonia has sold 807 rental wagons in an auction to which more than 40 companies were invited. Twenty interested parties submitted their tenders in the various phases of the process. The majority of the wagons sold are covered with rental contracts. All... more
Traversing the Horn of Africa again
After a 30-year disruption, air traffic control services over Somalia and the surrounding region were operationally restored on 26 January 2023. Some of the region’s busiest airways - linking the African subcontinent south of Ethiopia with the Middle East and Indian... more
Enlarging the Manila terminal
The Manila International Container Terminal (MICT), the flagship of ICTSI, a port and terminal operator headquartered in the Philippines, is growing. The expansion of Berth 8 will increase the terminal’s capacity from 3.3 million teu to 3.5 million teu. Part of the project... more
MSC opts out of JNPT
The Mediterranean Shipping Co's (MSC) Indus 2 service no longer calls at Jawaharlal Nehru Port Trust (JNPT). Indian exporters/importers are now obliged to opt for the single MSC direct call at Mundra Port. MSC added the eight-vessel, weekly Indus 2 to its network in August... more