Singaporean acquisition Down Under 
ESR has completed the acquisition of 10% of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore for AUD 60.5 million (SGD 62.4 million / USD 46.6 million). This acquisition in Australia marks ESR’s first overseas... more
Roofing ceremony in Roermond
It's an investment from Singapore in Europe. Frasers Park in the Roerstreek-Noord industrial park in Roermond, the Netherlands, held its roofing ceremony recently. Frasers Property Industrial, which acquired the 50,000 sqm site of in November 2020, is a business unit of... more
Number of China trains doubled
Railfreight traffic between Asia and Europe continues to grow. Around 878,000 teu were transported on the New Silk Road's various rail corridors in 2020. The International Union of Railways (UIC) assumes that this figure could double by 2025. Metrans is also benefiting from... more
Smartlynx to provide widebody cargo capacity
Smartlynx Airlines Malta, an EU-based specialist in full-service ACMI aircraft leasing solutions, has extended its Airbus fleet. Currently operating an A320 and A321, the carrier has now added the A330 type as well. Five A330 will be modified to Zero LOPA by removing... more
Express service for automotive manufacturer
Priority Freight finds a time-critical logistic solution for an automotive manufacturer: The company's plant in Spain required immediate support transporting 2 t of automotive parts from Tianjin, China, in just 48 hours. When the call came in from the customer in Spain on... more
Kick-off for e-truck trial in New Zealand
Fuso truck is celebrating: After five years of preparation in New Zealand and more than three million km of road testing internationally, six of the world’s first series-produced fully electric light trucks with integrated safety features have now arrived in Auckland. It... more
Fast China – UK link launched
DHL Global Forwarding has launched a new rail-sea freight solution that will link businesses in China with UK, and vice versa, in 18 to 20 days. Compared to ocean freight that would typically take 40 days, the new service cuts transit time by more than half. Consolidating... more
Sputnik V to India, Mexico and Moldova
144 thermo-containers with Sputnik V Covid-19 vaccines were recently delivered onboard charter flights of Volga-Dnepr Group's carriers – Air Bridge Cargo Airlines and Atran Airlines - to Hyderabad, Kishinev and Mexico City. The transportation of over 25 t of special cargo... more
Rasquinha: back to the roots
Aditi Rasquinha will join DB Schenker on 1 July as new head of ocean freight for the APAC Region, based in Singapore. She is currently working for Kuehne + Nagel, where she has held several senior management positions since 2014, most recently as director sea freight for the... more
Wan Hai sets new sails
Shipping company Wan Hai Lines recently reported its results for Q1/2021. Wan Hai's revenue was up a significant 114% from Q1/2020, to TWD 38.62 billion (USD 1.37 billion), while net profit took a great leap of 157% to TWD 14.78 billion (USD 526.09 million). The Chinese... more