Big money for ESR
Asia Pacific focused logistics real estate platform ESR Cayman has just entered into a new agreement for a USD 400 million unsecured term loan facility. It consists of a three-year tranche of USD 267 million at Libor plus 2.75% and a five-year tranche of USD 133 million at Libor... more
WHL launches CI8
Wan Hai Lines (WHL), founded in 1965 with a focus on Taiwan, Japan and Southeast Asia, is extending its intra-Asia and West India network by launching a new weekly service between South China – Vietnam and West India (China West India Nr.8/ CI8). The service will be operated... more
Asia-Europe rail service added
The Mediterranean Shipping Company (MSC) has launched a new intermodal solution between Asia and Europe combining both sea and rail services departing from China, Korea and Japan Russia to Europe. The train runs through Russia, passing Vladivostok and Vostochniy with further... more
Expansion pays off
Container transit on the Russian Railways' network along the China – Europe – China route increased by a factor of 2.2 in Q1/2021 compared to the same period last year, rising to 162,600 teu. Shipments of loaded containers increased by a factor of 2.1 to 151,500 teu, which... more
Daily services to China's southern ports
Cargo-partner has introduced a new intermodal service combining rail and ship transport to link Europe with China and the countries in southeast Asia. The consignments are collected from 13 provinces in the Chinese hinterland and carried by train via Chongqing to the... more
More trains for Trans-Sib
Russian Railways (RZD) is increasing the number of transit container trains on the Trans-Siberian Railway, on the Maersk AE19 transcontinental service. The service connects the Russian ports of St. Petersburg and Vostochny by rail. Container trains towards the East will now... more
Auspost announces new group CEO and MD
Australia Post Group has hired Paul Harry Graham as its new CEO and managing director. He will join the company in September after an extensive career working in e-commerce and supply chain logistics, most recently as chief supply chain and technology officer at Woolworths... more
13% more cargo, 15 million vaccine doses
In March 2021, Hong Kong International Airport’s (HKIA) cargo throughput saw a year-on-year increase of 4.9% to 397,000 t. Cargo handled over the first three months of 2021 rose 13% to 1.1 million t. Also in March, the local airport authority jointly completed a pilot... more
Certification for Dachser Shanghai
Logistics service provider Dachser received the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification for its Shanghai branch from Iata in March 2021. The certification also covers Dachser's PVG airport branch. Dachser... more
ANA also finds drone partner from abroad
After Japan Airlines announced plans to partner with the urban drone logistics provider Matternet, ANA Holdings, the parent of Japan's biggest airline All Nippon Airways, is collaborating with German drone manufacturer and service provider Wingcopter to accelerate the... more