ZTO tackles tough environment 
The Chinese CEP services provider ZTO Express, founded in 2022 and listed on the Shanghai stock exchange, has reported its unaudited financial results for Q3/2022. Parcel volumes grew by 11.7% compared to the same period in 2021, with 6.4 billion parcels handled. The company... more
Ammonia-powered vessel on the horizon
K Line has revealed that it has teamed up with the Itochu Corporation, the Nihon Shipyard Co, the Mitsui E&S Machinery Co and NS United Kaiun Kaisha and together they have obtained approval in principle from the Nippon Kaiji Kyokai classification society to design an... more
Maersk's new centre in Pakistan
Maersk recently opened the gates of its new Integrated Logistics Park at Port Qasim in Pakistan. The facility makes the Danish group the country’s largest logistics and warehousing provider, with more than 120,774 sqm in seven cities. In 2020, Maersk Pakistan decided to... more
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... more
Best ever loading achieved
India’s Central Railway (CR) transported freight loads of 50.93 million t during the period April to November 2022. This figure represents the best ever freight loading and an uptick of 6.46% compared to the same period in 2021, which recorded a total load of 47.84 million t.... more
DHL Supply Chain picks Mihaela Isac
DHL Supply Chain, a global contract logistics provider and a business division under Deutsche Post DHL Group, has appointed Mihaela Isac as its chief information officer (CIO) for Asia Pacific. She was most recently vice president of IT life sciences & healthcare in North... more
SF Airlines: flights between Tokyo Narita and Xi'an
SF Airlines launched a new cargo service between Tokyo Narita airport and Xi'an at the beginning of November. Founded in 2009 and based in Shenzhen (China), SF Airlines runs an extensive domestic network in China as well as a global air cargo service. The new service will... more
Messi knighted as logistics ambassador
Indonesia-based global logistics provider J&T Express has chosen football star Lionel Messi as its first international brand ambassador. As part of his partnership with J&T Express, Messi will showcase J&T Express' prominence not only as a logistics provider, but... more
IGS service to roll
The Ocean Network Express (ONE) is launching a new weekly India Gulf Service IGS to connect India to/from UAE. With this new offer, ONE is responding to a rise in demand due to the increase in trade between the two countries after they signed the comprehensive economic... more
Changes at APM Terminals in India
Following a successful three years as COO of Gateway Terminals India (APM Terminals Mumbai), Girish Aggarwal (left) has been appointed managing director for Gujarat Pipavav Port (APM Terminals Pipavav), effective 1 January 2023. Aggarwal joined A.P. Moller - Maersk in 2013... more