Mining company tests electric locomotives 
Vale, a mining and logistics company based in Brazil, has received its second 100% electric and battery powered locomotive. Manufactured in China by CRRC Zhuzhou Locomotive, the unit will initially operate in the Ponta da Madeira Terminal's switchyard in Sao Luis. Its batteries... more
Cosco still doing fine?
The first quarter of 2022 could be the calm before the storm for Cosco Shipping Ports. Throughput moved sidewards compared to Q1/2021, amounting to 30.3 million teu, a slight increase of 0.3%. Yet, revenues surged by 21.4% to USD 329.7 million on the back of "effective... more
UPS picks Ufku Akaltan
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Opening new ways to Volga-Dnepr Airlines
Following the recent agreement between the administration of Moscow and the Volga-Dnepr Group, Volga-Dnepr Airlines operated its first Moscow-Delhi-Dhaka flight and return. On the outward leg, the Russian cargo airline's IL-76 brought 18 t of metal components for export to... more
FM Logistic's double strike in Asia
French logistics player FM Logistic is widening its footprint in Asia. A new multi-customer facility offering 70,000 sqm of warehouse space was recently inaugurated in India. Located in Farrukhnagar, the site is close to the Kundli-Manesar-Palwal (Delhi) highway. The... more
Boost for Western Australia’s railfreight network
Western Australia's key agricultural areas will receive an AUD 200 million (EUR 135 million) funding boost for the first four projects of the agricultural supply chain improvement (ASCI) programme. The improvements will help WA grain growers and other primary producers transport... more
Stella Wang joins Jettainer's team in Hong Kong
Jettainer, a global provider of unit load device (ULD) management services, has appointed Stella Wang in Hong Kong. Along with serving customers in the East Asia region, Wang will also take on a newly created role overseeing the development of the ULD expert's leasing business... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
