Analysts expect seafreight volumes to fall 
Copenhagen-based maritime analyst Sea-Intelligence sees reasons to assume that the demand-led spikes seen during the pandemic that propelled container shipping to record earnings might be over. Sea-Intelligence has gone over the numbers on supply and demand from February... more
CJ Logistics is on the move
Seoul-based CJ Logistics has reported its results for Q2/2022. The South Korean company achieved revenues of KRW 3.1 trillion (USD 2.3 billion), up 14.2% compared to the same period last year, while the operating profit rose by 28.2% to KRW 116.1 billion (USD 86 million). CEP... more
Three new Turkey connections
The Austrian carrier Rail Cargo Group (RCG) is adapting its Transnet offer from and to Turkey. ÖBB’s freight branch has introduced a direct train from Giengen in Baden-Würtemberg in Germany to Cerkezköy, which is 80 km west of Istanbul (Turkey). With two round trips per week... more
New facility to be established in Yachiyo
In Yachiyo, Japan, DHL Supply Chain, the contract logistics arm of DHL, has broken ground for a new logistics centre. The player thus reinforces its business presence in Greater Tokyo. The 40,000-sqm facility aims at customers in the consumer and retail sector, especially those... more
Recovering relatively well 
Chinese ports provide global economy with renewed impetus. Although the overall situation concerning congestion has eased somewhat, all that glitters still isn’t gold in Chinese ports. Although volumes are rising, especially in exports, the figures from before the shutdowns... more
Zhengzhou airport more than doubles cargo capacity
Dimerco Express worked with Cathay Pacific to arrange its first flight for the new Zhengzhou North Cargo Terminal in Henan Province. The 160,000 sqm addition to CGO can handle 600,000 t of annual freight, bringing the airport’s total air cargo capacity to 1.1 million t. The... more
More parcels for ZTO Express
In China, ZTO Express has reported its Q2/2022 results. The CEP's total revenues were RMB 8.66 billion (USD 1.3 billion) in Q2/2022, a rise of 18.2% from the same period in 2021. Gross profit was RMB 2.2 billion (USD 328.9 million), an uptick of 31.6% from H1/2021. The core... more
Grant to promote hydrogen transport project
Western Australia’s government has approved an AUD 10 million (EUR 6.8 million) grant to support a hydrogen project. It will set up a renewable hydrogen production, storage and refuelling facility at Woodside Energy's H2Perth site in Rockingham to support the early adoption of a... more
Hutchison Ports banks on Egypt
The Egyptian government and Hutchison Ports recently enhanced their cooperation by initialling agreements for two new concessions to operate container terminals in Ain Sokhna Port and El Dekheila Port. Marking the event, an initialling ceremony was hosted by Mostafa Madbouly,... more
Singaporean platform opens Caribbean capacities
Caribbean Airlines Cargo, headquartered in Trinidad and Tobago and with hubs in Miami, New York, Kingston, Guyana and Barbados, has entered into a partnership with the digital air cargo solution platform CargoAI. CargoAI users have thus had access to more connections between the... more