Pall-Ex strengthens international business unit
Pall-Ex continues to drive its brand on a global scale: The pallet shipping network has appointed Karolina Thompson as its new director for international development. The goal is to further promote master licensees across the globe. Thompson, who has been with the company... more
Records also for OOIL
The first six months of 2021 were good to the Hong Kong-based Orient Overseas (International) (OOIL), a Cosco affiliate and the holding company of the liner Orient Overseas Container Line (OOCL). Profit in H1/2021 amounted to USD 2.8 billion, the group's best result so far.... more
Joint effort to ship agricultural goods by rail
The heads of Russian Railways (RZD) and Kazakhstan Railways (KTZ) have signed a memorandum of cooperation to organise the transport of agricultural products by rail. The Agroexpress service specialises in expedited deliveries of agro-industrial and food products in container... more
CMA CGM banks on development in Indonesia
The CMA CGM Group has launched its fourth container depot in Indonesia. The site in Cakung, East Jakarta, covers a surface of 35 000 sqm and has an operating capacity of more than 4,000 teu. Indonesia exports paper and rubber as well as manufactured garments, footwear and... more
More sales staff for B&H in Asia
UK-based Aerospace logistics provider B&H Worldwide has appointed Joel Eley to join its sales team in the South East Asian region. Before, Eley served as head of supply chain at the Airbus MRO subsidiary SAE (Sepang Aircraft Engineering) and SR Technics in Malaysia. He... more
Mixed results for ZTO Express
Shanghai-headquartered ZTO Express (Cayman) has released its financial results for Q2/2021. Parcel volume amounted to 5.8. billion, a 25.6% increase compared to Q2/2020 (4.6 billion). Revenues grew by 14.4% to RMB 7.3 billion (USD 1.1 billion), recording an uptick of 14.4% (RMB... more
Changes at the Ports of Auckland
Bill Osborne, chairman of the board at the Ports of Auckland, has decided to retire at the end of September. “The business now has as clear plan for the safety at the port, and for the completion of its automation project,” he said. The former rugby player wants to pave the... more
India revises inland navigation law
The ship classification society Indian Register of Shipping (IRClass) helped draft the inland vessels bill which was recently passed by the Indian parliament. The inland vessels act 2021 repeals the earlier inland vessels act 1917, which required major revisions, and is... more
Covid testing sites for Australian drivers
Two additional freight-friendly pop-up testing sites in NSW Australia are opening along key regional freight routes to support the industry and keep drivers Covid safe. The two new facilities in Yass and in Ballina complement the six sites already set up at various locations in... more
Good results for ESR
APAC focused logistics real estate platform ESR Cayman Limited (ESR) has released its results for the six months from January till June 2021. Revenues in H1/2021 amounted to USD 177.7 million, up 24.7% from the same period a year earlier (USD 142.4 million). Ebitda... more