Negative impact on world trade
In October 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined sharply to 120.8 points from the 124.2 points (seasonally adjusted) registered the month before,... more
Allcargo makes big purchase
The Belgian affiliate of India-based Allcargo has inked an agreement with NBG Logistik Beteiligungs- und Beratungsgesellschaft to acquire 75% of the shares of Fair Trade Schiffahrt, Handel und Logistik. The price of the transaction is approximately EUR 12 million, subject to... more
Shipping giant launches rail service
A.P. Moller - Maersk is flagging off Pratigya Express, a new dedicated weekly rail service running on the Western Dedicated Freight Corridor (DFC) from the National Capital Region (NCR) around Dehli to the Pipavav Port in Gujarat on the western coast of India. Pratigya... more
Mindanao working on its equipment
In the North of the Philippine island of Mindanao, the port and terminal operator International Container Terminal Services (ICTSI) is upgrading its facilities in the region. The Mindanao Container Terminal (MCT) in the province of Misamis Oriental has acquired a mobile... more
Third runway at HKIA commissioned
The third runway at Hong Kong International Airport (HKIA) was officially commissioned today, 30 November 2022, marking a key milestone in the airport’s expansion into a three-runway system (3RS). The commissioning ceremony, held at HKIA’s new integrated airport centre, was... more
A triple of shares for Emons
A Cologne (Germany)-based company is pursuing its international activities and pushing air, sea, and logistics in Asia. As part of its "go international" strategy, Emons is acquiring stakes in three Chinese companies: Founder Air & Sea Cargo, Wanda International... more
Unctad: e-commerce driving maritime
The UN Conference on Trade and Development (Unctad) has published its flagship "Review of Maritime Transport 2022". For 2022, Unctad projects global maritime trade growth to moderate to 1.4%. Asia remained the world’s leading maritime cargo handling centre in 2021,... more
More trains to run through Central Asia
KTZ Express, Russian Railways Logistics and the Transport and Logistics Centre of Turkmenistan have signed a memorandum of cooperation to develop a container service on the North-South railway corridor through Central Asia. Specifically, the partners agreed to organise... more
Air NZL Cargo picks ACP Worldwide for Australia
ACP Worldwide has been appointed as GSA (general sales Agent – cargo) for Air New Zealand in key Australian markets including Adelaide, Hobart, Cairns and the Gold Coast. Through ACP Worldwide the airline’s customers will be able to obtain rates and access to over 160... more
JD Logistics Airlines: from Shenzhen to Hangzhou
As JD Logistics announced on 22 November 2022, its affiliate JD Logistics Airlines (formerly known as JD Airlines) has launched a self-owned all-cargo route between Shenzhen, Guangdong province and Hangzhou, Zhejiang province. The first flight took off from Shenzhen Bao’an... more