E-commerce: great expectations 
Inspired by a recent report issued by Transport intelligence (Ti) on the global e-commerce logistics market, which grew by 27.3% in 2020 and is expected to hit EUR 557 billion by 2025, Simon Wong, CEO of the Hong-Kong-based U-Freight Group said: “E-commerce has been one of the... more
Oxygen train helps combat Covid-19
Indian Railway is running “Oxygen Express” trains to support the fight against Covid-19. Oxygen Expresses with Liquid Medical Oxygen (LMO) tankers have already arrived at Nashik & at Lucknow for the states of Maharashtra and Uttar Pradesh, respectively. A few containers were... more
New partner for China-France e-commerce
Following the 2019 launch of DPD China under the Lenton Group umbrella and benefiting from the rollout of multimodal services between China and Europe, Lenton Group is implementing additional logistics solutions to strengthen its connections with the DPD Group network in Europe.... more
Digitalisation in Central Asia goes ahead
The digitisation of transport services is proceeding apace in Central Asia, with successful eTIR pilots between Kazakhstan and Uzbekistan in 2020. The International Road Union (IRU) is now working with the Asian Development Bank (ADB) to facilitate trade with greater... more
OOCL doubles revenues in Q1/2021
Hong Kong-based container shipping company OOCL, an affiliate of OOIL whose shares have been held by Cosco (90.1%) since 2018, started strongly in Q1/2021. Total volumes surged by 23.8% in comparison to the same period last year. In Q1/2020, barely 1.6 million teu were... more
Toll's Express brand to stay for two years
Toll Group is selling its global express business to Australian Allegro Funds, a private equity firm. The global express business provides express parcel, freight delivery and domestic forwarding services in Australia, and transport and contract logistics services in New... more
Silk Way West wins award in South Korea
During its fifth annual award ceremony, South Korea's Incheon Airport (ICN), one of the world’s biggest air cargo hubs (see upcoming ITJ 19-20/2021, "Aviation supplement", p. 13) honoured Silk Way West Airlines with the prestigious 'cargo airline of the year 2020'... more
RZD strengthens position in Japan
Russian Railways (RZD) has opened a representative office in the Japanese capital Tokyo. The new location will represent the company’s interests in Japan, formulate proposals aimed at developing RZD Holding’s international business, promote transport and logistics services and... more
Strong environment for K+N
Q1/2021 brought large profits for Kuehne + Nagel. Net turnover (CHF 6 billion), ebit (CHF 431 million) and a CHF 318 million profit in this quarter were all significantly above the levels of Q1/2020. The positive turnaround, which had already begun in the second half of 2020,... more
Ceva: two air cargo services 
Ceva Logistics, the Switzerland-headquartered logistics arm of CMA CGM, has launched two new services. First, the company announced its Skycapacity programme, guaranteeing access to global air cargo capacity for customers in a volatile market. To this end, the company has... more