Metrans expanding in the East
The German intermodal company Metrans, a subsidiary of HHLA, has taken over the firm CL Europort, and the logistics centre of the same name, in the Polish town of Małaszewicze. The centre is near the Belarusian border and is a key hub for freight traffic in Central and Eastern... more
No short-term injection of long-haul cargo services
Cathay Pacific Cargo will continue to implement very substantial reductions to its long-haul capacity in the first quarter of 2022, on account of the latest aircrew quarantine measures imposed by the government of the Hong Kong SAR, decreed in view of rising cases of infection... more
80 years ago – first commercial flight around the world
80 years ago, a Boeing 314 Clipper completed the first commercial flight around the world. When the flying boat set off from San Francisco CA (USA) on 2 December 1941 for a scheduled flight to Auckland (New Zealand), there was no sign yet of the feat – in contrast to 1929’s the... more
Strong start to 2022 – but clouds on the horizon
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 123.9 points (seasonally adjusted) to 125.3 points in November, according to the latest flash estimate. The index... more
Three New Silk Route players join forces
Russian Railways Logistics (RZDL), Rail Cargo Hungaria and CER Cargo Holding have signed a letter of intent to establish a joint venture to strengthen transport routes between China and Europe by providing quality logistics services. The managers expect the new company to start... more
Barge service for Latin American exports
A new barge feeder service between the port of La Plata, close to Buenos Aires, and the port of Santa Fe, in the northeast of the country introduced by ICTSI’s Argentinian business unit creates a new and direct link to Brazil and Asia. International Container Terminal Services... more
LF Logistics sold for USD 3.2 billion
Just before Christmas Copenhagen-based A.P. Moller-Maersk announced the acquisition of LF Logistics, a Hong Kong-based contract logistics company that specialises in omni-channel fulfilment services in the Asia-Pacific region. According to CEO Soren Skou the move represents... more
Eurasian intermodal services introduced
Far East Land Bridge (Felb), part of Russian Railways, has launched a new container train from Hamburg (Germany) to Beijing (China) via St. Petersburg (Russia). The first test train arrived at the China terminal in Beijing on 11 December 2021. The train carrying 45... more
A new giant raising its head
In its recent analysis, Unctad provides new insights into the Regional Comprehensive Economic Partnership (RCEP). The Asia-Pacific free-trade agreement set to enter into force on 1 January 2022 will create the world’s largest trading bloc by economic size, according to an Unctad... more