XPO Logistics names executives for spin-off
XPO has appointed Eduardo Pelleissone president for the Americas and Asia Pacific regions and Neil Shelton chief strategy officer of GXO Logistics. Their positions will become effective when XPO’s intended spin-off comes on stream in Q3/2021, creating two pure-play industry... more
All hands on deck!
May saw a depressing new record set in India, with more than 28 million cases of a new variant of Sars CoV 2 reported. Bringing the foreign relief available to India and its health system is quite a logistics challenge. The ITJ spoke to Mukesh Aghi, president of the US-India... more
35 new wood chip wagons
VR Group’s Russian subsidiary Finnlog is expanding its rapidly growing operations. The company’s 35 new wagons will be deployed to import wood chips from Russia to the Metsä Group pulp mill in Joutseno, Finland. Finnlog specialises in wagon operating services in eastern... more
Finnair Cargo chooses CargoAi platform
The worldwide offering of Finnair Cargo is now live on CargoAi. Digital booking services - e-quotes and e-booking - of the Nordic and Baltic region’s largest air cargo carrier are available to forwarders directly via the SaaS platform. CargoAi CEO Matthieu Petot: "We’re... more
K Line joins ammonia research
Japan-based carrier K LINE and 22 companies from the energy, mining, power utility, chemical, terminal, shipping, shipbuilding, manufacture and bunkering industries as well as classification agencies have established a “joint study” framework for studying common issues on... more
Fake luxury watches, not "plastic cards"
US Customs and Border Protection (CBP) in Louisville recently halted a shipment, manifested as plastic cards, which was arriving from Hong Kong and heading to Miami. They found a total of 20 Rolex watches deemed to be counterfeit by CBP’s trade experts. All of the watches... more
Air freight specialists for Aero Africa
Hong Kong-based air cargo management group Aero Africa has welcomed Joey Xu (photo) in the newly-created position of director airfreight Asia, and Gary Tobias as regional operations manager. They will join the management team in China and Southern Africa. Xu will be... more
New locomotive pulls 7,100 t
Sinara and the Russian Railways (RZD) have agreed on supplying 2TE5A mainline freight two-sectioned diesel locomotives with asynchronous traction drive. The agreement envisages the production and delivery of 200 2TE35A diesel locomotives by 2031 and the construction of... more
Sichuan Group in long-term agreement
The Sichuan Port and Shipping Investment Group (Spsi) and the Cargotec Corporation signed a contract on 8 June 2021 in Chengdu, China. The agreement establishes a long-term cooperative relationship with the development of land port, water port, logistics park, multi-mode... more
Facility close to Seoul changes hands
South Korean ESR Kendall Square REIT has acquired another mixed-use logistics facility for KRW 103 billion (USD 94.2 million). This acquisition follows the recent launch of “Anseong LP”/“Yongin BRIC” located in the logistics hub of the broader Yongin area about 1.5 hours... more