ADY adds Prima to its locomotive fleet
Manufacturer Alstom has delivered the first seven Prima T8 AZ8A freight locomotives to Azerbaijan Railways (ADY). They will operate on the main freight transit line, which has recently been converted from 3 kV DC to 25 kV AC. The Prima T8 AZ8A locomotives will be running... more
New office in Xi'an
Cargo-partner has opened a new branch office in Xi’an. The Chinese town is the capital of Shaanxi Province and an important inland hub for international logistics. Besides its extensive road network and international airport, it is also the starting point of the Silk Road with... more
All-clear signal in Yantian?
Congestion in Yantian and the neighbouring ports seems to be easing, according to Chicago-headquartered logistics software provider Four Kites. The company sees evidence for an improvement in the continuous decline of dwell times across pickup and discharge categories. After... more
DHL in the land of plenty
Deutsche Post DHL Group (DPW) has reported its preliminary results for Q2/2021 and raised its outlook for the current financial year and for 2023. Operating profit (ebit) more than doubled in the second quarter compared to the previous year and amounted to almost EUR 2.01... more
Cargotec - Konecranes merger revisited
The European Commission, which recently started a phase II review of the merger between Cargotec and Konecranes, decided to open an in-depth investigation to assess the project under the EU merger regulation. The message is clear: "The Commission is concerned that the... more
Flying three fire trucks on one AN-124
Antonov Airlines has safely transported three Rosenbauer Panther 6x6 fire trucks, weighing 21 t each, on a single AN-124-100M-150 flight from the Middle East to Central Asia. The carrier's team managed to find a solution within a week to get the trucks to destination after a... more
2,000 mineral hopper cars ordered
In Russia, Euro Chem and freight car manufacturer UWC have signed a contract for the supply of 2,000 new generation hopper cars for mineral fertilisers. All the relevant agreements are set to be fully implemented by June 2022, with the complete batch of railcars to be dispatched... more
Peters returns to logistics sector
Lineage Logistics, a USA-based temperature-controlled industrial REIT and logistics solutions provider, has appointed Harld Peters as SVP Europe. He brings extensive experience leading technology-driven transformation and accelerated growth, most recently serving as... more
"Ever Given" now free to go
As the Suez Canal Authority (SCA) confirmed recently, it has agreed on a settlement for the compensation it is demanding from the owners of the mega container vessel "Ever Given". Details of the transaction with Shoei Kisen Kaisha, the Japanese owner of the ULCV,... more
Schedule reliability: no surprises
According to the latest figures published by Copenhagen-based maritime consultancy Sea-Intelligence, big liners’ schedule reliability declined by -0.2 percentage points to 38.8% in May 2021. Compared to the same period last year, schedule reliability was down a drastic -36.0... more