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
Back from Asia
Martin Wawra, currently managing director of Voith Turbo in China and the joint ventures with CRRC, is taking over the management of the mobility division and joining Voith Turbo’s management board from June this year. He replaces Cornelius Weitzmann, who will succeed Uwe... more
Increased UK-Australia frequencies
Consol Alliance is now serving Melbourne, Sydney, Perth and Brisbane 20 times per week from UK. All cargo is pre-palletised before presentation to carriers for added security, safer transits and faster handling. The airfreight consolidator is offering both door-door and... more
Big investment in China-Europe fleet
Rolling stock operator RB Group has ordered of 3,600 container flat cars from Russian manufacturer UWC. The freight cars will extend the group’s fleet of 1,500 flat cars and will use them for the China-Europe traffic. The chosen 13-6903 model has a length of 24.4 m and a... more
Doubling its size in Singapore
The demand is there. Aerospace logistics company B&H Worldwide is doubling the size of its operation in Singapore. The new facility is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport. It will provide significant additional... more
Distributing vaccines in the islands
Cebu Pacific flew another batch of Covid-19 vaccines last Friday, 16 April 2021. This shipment of 35,080 doses was the fourth for the province of Tuguegarao, situated in the northern part of the Philippines, while Puerto Princesa's shipment with 6,400 doses was the second flown... more
Indigo to take Spicejet's path
Indigo - India’s largest carrier in terms of fleet size (280+ aircraft) and flights operated (1,200 daily) - has signed a LoI with a lessor for 2+2 A321ceo to be converted into a full freighter configuration. The initiative tries to make best use of the airline's natural... more
Ships' values soar
It is indeed a record. According to data from Clarkson Research, the value of the global merchant fleet has surpassed a trillion dollars in April due to rising prices for second-hand ships, especially in the container and bulk sectors. The broker's general second-hand price... more
Last mile service for pipe transport
Russian Railways Logistics (RZDL) is transporting steel pipes for the building of the gas mains in the Samara Region in Russia. As part of this project, the logistics provider offers a “last mile” service comprising the reception of freight at the Syzran 1 station, the... more