Is it a price war - or is it competition? 
According to a market forecast made by Container X Change, an online platform for container logistics, “the probability of an all-out price war in 2023 is high," as CEO Christian Roeloffs put it. After the times of scarce capacities and exceptionally high container rates,... more
Iata – cargo volumes to stay above pre-covid levels
The International Air Transport Association (Iata) expects that next year, airlines will collectively post a small net profit of USD 4.7 billion – a 0.6% net profit margin. This would be the first profit since 2019, when industry net profits were USD 26.4 billion (3.1% net... more
2,000 e-vans for last-mile deliveries
Ford Pro and the Deutsche Post DHL Group recently signed a memorandum of understanding to accelerate the deployment of electrified vans used for logistics operations worldwide. Underscoring the planned collaboration, Ford Pro will equip the Deutsche Post DHL Group with more than... more
Etihad to start connecting China and India
Etihad Cargo reinstated a twice-weekly freighter service from Shanghai to Abu Dhabi, via Chennai, today, 8 December. With the additional freighter service the cargo and logistics arm of the Etihad Aviation Group provides additional capacity to two key global markets. Martin... more
Changes at Airport Authority Hong Kong
Airport Authority Hong Kong (AAHK) has appointed two new senior managers. Vivian Cheung, currently the executive director of airport operations, will be the new COO, and Steven Yiu, currently the deputy director of airport operations, will become her successor. The appointments... more
Groupe Pierre in Belgium sold
In order to widen its pharmaceutical logistics services, the Japanese player Yusen Logistics has acquired the Groupe Pierre in Belgium. The group, based in the Walloon Brabant region, consists of the three units Transports Pierre (GDP-certified overland transport), Pierre... more
Railway to market its services directly in China
From the beginning of 2023 the ÖBB Rail Cargo Group (RCG) will strengthen its market position in Eurasia with the newly-founded subsidiary Rail Cargo International Freight Forwarding, based in Shanghai. The subsidiary will enable the rail freight operator to offer its entire... more
Affordable next-day parcel delivery by Teleport Pink
Teleport, the logistics arm of Capital A (formerly the AirAsia Group), officially launched Teleport Pink recently – a next-day international parcel delivery service that allows customers in Kuala Lumpur to send anything to Singapore at a flat rate of MYR 40. Teleport Pink was... more
Opening up in Mumbai
In India, Rhenus Warehousing Solutions recently launched a multi-user facility in Bhiwandi. The warehouse, which covers approximately 28,000 sqm, focuses on storing chemical and petrochemical products. The building features solar panels and rainwater recycling. A large part... more
More volumes in sweet waters
Puerto Aguadulce (Colombia) passed a threshold by handling the largest-capacity vessel so far to call the port and in the country at all. The ‘CMA CGM Argentina’, a 1,572 teu vessel, was built in 2019 and sails under the Maltese flag. The milestone highlights Buenaventura’s... more