4th edition of Air Express Market Outlook is out
Cargo Facts Consulting (CFC), a global consultancy to the air logistics industry and a sister venture of industry publication Cargo Facts, has released its latest report. The 4th edition of Air Express Market Outlook provides a historical overview and five-year growth... more
PAC helps deliver male rhino to Honolulu Zoo
Pacific Air Cargo has been delivering its share of precious cargo this year. On Tuesday, 15 November 2022, the air freight company helped to deliver Kendi, a male rhinoceros to the Honolulu Zoo from Los Angeles. Kendi, an Eastern black rhinoceros, was born in Cincinnati on... more
Europe to Central Asia rail service launched
Nurminen Logistics has started regular railway transport services from Finland and Europe to Kazakhstan in co-operation with Kazakh State Railways (KTZE). The first consignment from Helsinki to Kazakhstan began its journey last week and the next departures will be in December.... more
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