Hong Kong player goes shopping in Spain 
EV Cargo, a Hong Kong-based global forwarder, is investing in Europe. The company has acquired 75% of the shares of Spain’s Air Express Cargo from its family of owners. Air Express Cargo was founded in 2004, operates from Madrid, Barcelona and Valencia, and is active in air and... more
Three Airbus freighters to join Asian fleet
Teleport, the logistics venture of Capital A (formerly the AirAsia Group) has announced the expansion of its fleet with the addition of three Airbus A321 freighters, each capable of carrying 27 t of cargo.They will be leased from the BBAM Limited Partnership (BBAM), delivered in... more
A future for the port of Belawan
According to Reuters a new partnership has been set up to jointly develop the Belawan New Container Terminal (BNCT) in Sumatra. The partners are the Indonesian state-owned port operator Pelindo, a consortium based on the country's sovereign wealth fund INA and the Dubai-based... more
Port luck for Buenaventura 
Colombian port welcomes new lines and new investors. Maritime links between the Far East and Latin America have once more improved, thanks to Yang Ming, Wan Hai and PIL, amongst others. North American investors, in turn, have spotted the potential around the Panama Canal on the... more
Regular service between Italy and Belarus/Russia
Trans Container is launching a new direct cargo train to connect Milan (Italy) with Russia via the Belarus-Russian Brest-Malaszewicze border-crossing point. The service will primarily transport consumer goods for sale at retail chains. Within the transportation framework,... more
LNG to China via MOL
Tokyo-based MOL is focusing on its LNG activities. Through a wholly owned subsidiary, the carrier signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore). The ENN holding’s headquarters are in Langfang City in Hebei Province, China.... more
Rotate joins Cargotech network
By "Turning data into action", Rotate is joining Cargotech, an air cargo technology platform currently composed of ECS Group's Cargo Digital Factory, Wiremind Cargo, both headquartered in Paris, and Singapore-based Cargo Ai. Founded on 1 June 2022 in Utrecht, the... more
K+N picks Siew Loong Wong for Asia Pacific
Kuehne + Nagel, a provider of logistics services with more than 79,000 employees at over 1,300 sites in over 100 countries, has appointed Siew Loong Wong as its head for the Asia Pacific region. A Singaporean, Wong brings more than twenty years of professional experience in... more
Caspian Sea is top
According to the government of the Astrakhan region (Russia), traffic at the port of Astrakhan at the northern end of the Caspian Sea posted a significant growth year-on-year, with throughput rising five-fold compared to the year before. This surge is attributed to the increase... more
Strong financial year for Australian Post
Australia Post has reported its results for its financial year (FY) ending 30 June 2022. The company saw revenues of AUD 8.97 billion (USD 6.14 billion), up 8.5% compared to the FY before. This success was driven by strong first-half parcels revenue, while in the second half... more