Guardians set for change
Restraint practiced by cartel authorities could soon come to an end. The cycle of mergers and acquisitions is continuing in the logistics industry. GXO wants to finalise its purchase of Clipper Logistics in the UK by the end of this year. Antitrust authorities’s green lights... more
China launches another Southeast Asian service
A new train links China’s northwestern province of Shaanxi with Vietnam. The first train left Xi’an on Tuesday, 23 August 2022, marking the first China–Vietnam freight train route connecting Shaanxi and Vietnam, according to the Chinese government’s homepage. The train is... more
Australian all-rounder under Bolloré’s flag
Lynair Logistics in Australia has been taken over by Bolloré Logistics, effective 1 August 2022. Lynair, which is based in Adelaide, will retain its brand name temporarily and continue its business operations as usual following the acquisition. Established in South Australia... more
A new connection on the Red Sea
P&O Maritime Logistics and Unifeeder are joining forces in the Middle East region. This is the first time P&O Maritime Logistics will be trading in the Red Sea with containers on a liner basis between Port of Jeddah and Port Sudan. The partners are establishing this... more
First “Together Green Global Hero”
DHL and the ABB FIA Formula E World Championship completed Season 8 earlier this month at the Hana Bank Seoul E-Prix in South Korea. At this occasion, they announced the winner of the first DHL & Formula E together green award: Monica de Russis from “Amigos en el Camino”... more
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