Poor start for SF Express in 2021
The Chinese Logistics and CEP provider Shun Feng Express (SF Express Holding) has a long and winding road ahead of it in 2021. In Q1 its turnover of CNY 42.62 billion (USD 6.57 billion) was 27% up in comparison with the same period last year. It didn’t make a profit, in... more
More than 1,000 express trains dispatched
China Railway Express (CRE) trains handled 1,053 express trains along the eastern corridor in China in Q1/2021. The figure is thus about 66% higher than in the same period in the previous year.The trains delivered 99.902 teu of goods, which represents about 65% more than in... more
Treats that contravene regulations
On 14 April US Customs and Border Protection (CBP) agriculture specialists working at Dallas Fort Worth airport intercepted a shipment of prohibited and restricted treats for pets that was manifested as men’s sweaters. The shipment didn’t contain any clothes, but... more
In one month at the museum
Russia's Air Bridge Cargo Airlines (АВС) has delivered over 200 museum exhibits on board its regular B747-8F flights from Moscow to Hong Kong. The delivery, organised and carried out in cooperation with ART-Сourier, contained 170 sets of exquisite court treasures from the... more
Agility becomes DSV Panalpina
After acquiring the Inkas Group of companies in 2021, UTI Worldwide in 2015 and Switzerland-based Panalpina in 2018, Danish transport and logistics company DSV is taking over Agility Global Integrated Logistics (GIL). The transaction is valued at USD 4.2 billion (DKK 26... more
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