Global transit times improving 
The Ocean Shipping Index from E2 open is based on information from a business network that includes 420,000 interconnected companies managing 13.5 billion transactions and tracking 71 million containers annually. In its issue for Q4/2022, the index reports that, in major... more
Tonnages make a big jump again - yields not yet
The latest preliminary figures from World ACD Market Data reveal a strong post-holiday season recovery of global air cargo tonnages in the second week of 2023. The 19% upswing is delayed compared with last year, when tonnages had already begun to recover by the end of the first... more
More traction units to bolster interstate service
Qube in Australia is acquiring twelve new GT46 locomotives from Progress Rail. With 4,500 horsepower, the heavy-haul units will be used for Qube’s new interstate services between Melbourne and Sydney. The GT46s will be delivered in New South Wales, commencing August 2023. ... more
Cooperation in Japan
Silk Way West Airlines and Nippon Express Holdings have signed an air cargo memorandum of understanding to enhance their solutions portfolio and respond more flexibly to changing supply chains. The agreement strengthens Silk Way West Airlines’ presence in the Japanese market... more
Threefold replacement of APAC services
Ocean Network Express (ONE), the Singapore-based conjunction of the three biggest Japanese Container carriers, is launching three new Southeast Asia to Australia services as a direct replacement of existing routes. The new services will commence in early March, subject to... more
Korean Register reappoints Lee Hyungchul
The current chairman and CEO of Korean Register (KR) Lee Hyungchul is extending his tenure for three more years, as he was elected as the company’s twenty-fifth chairman and CEO at the extraordinary meeting of KR’s general assembly on 22 December 2022. During his thirty... more
From Singapore with love
Floristique Singapore has kicked off the new year with a change in its sustainability policy. The florist has opted for the transition away from diesel-powered vehicles — known for their high carbon emissions — towards electrically powered units. With a debut fleet of seven... more
Aircraft lessor invests in cargo drone fleet
Libra Group subsidiary LCI has signed an agreement with Elroy Air, a USA-based developer of advanced autonomous cargo aircraft systems, to acquire 20 aircraft with an option for a total of up to 40 units of the company’s "Chaparral" vertical take-off and landing... more
Extra cargo flights: a boost for Kiwi delicacies
China Airlines has scheduled eight dedicated B777F freight aircraft between Taipei and Christchurch for January 2023 to take famous South Island delicacies into Asian markets. The services will transport 800,000 kg of high value exports, including live lobsters, live... more
Recent developments in global piracy
The ICC International Maritime Bureau (IMB)'s report on global piracy in 2022 sums up 115 recorded incidents of piracy and armed robbery against ships – compared to 132 in 2021. In total, 107 vessels were boarded, two vessels hijacked, five attack attempts failed and one vessel... more