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
Rhenus starts new business in China
Rhenus Group has set up its first office in Changsha, Hunan Province in China. It will offer a wide range of logistics services to enable local businesses to expand their overseas outreach. The new office will offer solutions all along the supply chain, including air and... more
Major renewable energy certificate deal for Hactl
Hong Kong Air Cargo Terminals Limited (Hactl), the SAR’s largest independent handler, has signed an agreement to purchase renewable energy certificates (RECs) from CLP Power Hong Kong Limited equating to 45.9 GWh of power generated from renewable energy sources.The move is the... more
Empties take their toll
A new container yard for empties has opened in the Port of Shanghai. It is intended to help the Shanghai International Port Group (SIGP) tackle the flow of empty containers. Located in the Yangshan Special Comprehensive Bonded Zone, the yard is expected to handle a... more
Amur tigress treated as a princess
Last month, Aeroflot transported a tigress from the Russian Far East for treatment in Moscow Zoo’s centre for rare animal reproduction. The transfer took place on a scheduled flight from Vladivostok to Moscow.The Amur Tiger Centre addressed the airline with a request to... more
Rail First changes ownership
DIF and Amber are jointly acquiring the Australian railfreight leasing company Rail First on a 50-50 basis. The companies have signed a takeover agreement to this effect. The transaction is subject to approval by Australia’s foreign investment review board and is expected to... more
Western / Eastern quality standards 
September will see a management change for Nippon Express Switzerland. It’s a generational changing of the guard. After eight years with Nippon Express Switzerland, Beat Högger is moving up to become the company’s chairman of the board of directors. He’s passing the operational... more
EV Cargo picks Dorothy Zhang
EV Cargo, a global freight forwarding, supply chain and technology company, has appointed Dorothy Zhang as managing director, global forwarding, Central & Northern China. Zhang, an experienced senior executive with 26 years of international logistics knowledge, joins EV... more
Fifth warehouse in India
Maersk India has just opened a new warehouse in Bhiwandi on the outskirts of Mumbai. With a surface of 23,000 sqm, the new facility will be the company’s fifth warehouse inaugurated this year in India after Sikandrabad in Uttar Pradesh, Kolkata in West Bengal, and Pune and... more
Founder leaving firm
Russian air cargo group in turmoil after sanctions. Russia’s Volga-Dnepr Group is facing significant problems due to the international sanctions that followed Russia’s invasion of Ukraine. Now the company is parting ways with the chairman of its board of directors and half of... more