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
Port Klang going strong again
Port Klang, Malaysia's major sea port, handled almost 12.7 million teu from January to November 2021. Throughput is forecast to surpass the result of 2020, which amounted to 13.3 million teu. The port authority expects that by the end of December volumes handled will reach... more
"A strong year for forwarders"
Transport Intelligence (TI), a consultancy located near Bristol (UK), expects 2021 to have been a brilliant year for freight forwarders. According to its analysis, the forwarding market is forecast to have grown by 12% in value compared to 2020. In terms of modes of transport,... more
Chipolbrok's newbuilds come into play
Liner Chipolbrok will soon put a number of newbuilds into service. The first newcomer is M/V “Tai Xing” on her maiden voyage from Penglai in the Chinese province of Shandong to Puerto Bolivar in Ecuador. The vessel is the first of four newbuild XL mpp vessels in this serial... more
Hactl wins sustainability award
Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent cargo handler – has scooped up the sustainability award, at the pride of ground handling awards. Sustainability is a new award category introduced this year. Judges sought evidence of quality,... more