A good year for Yang Ming, too 
Taiwan-based Yang Ming Marine has reported its 2020 annual financial results. Consolidated revenues increased by 1.4% to NTD 151.28 billion (USD 5.11 billion) last year (2019: 5.03 billion), while handled volumes amounted to 5.07 million teu. Yang Ming’s profit after-tax... more
Asian Pacific cargo continues to grow
Preliminary February traffic figures released by the Association of Asia Pacific Airlines (Aapa) showed that a robust export activity amid improving global business confidence boosted demand for air cargo. For the region’s carriers, international air cargo demand, as... more
A strong year for KLN
Hong Kong-based KLN reported strong results for 2020. China’s Kerry Logistics Network benefited from measures to counter Covid-19. Its revenues increased by around 30% to HKD 53.4 billion (USD 6.9 billion) compared to 2019. Its core operating profit increased by about 20% to... more
HMM's maiden on tour
The HMM “Nuri”, the first of eight 16,000 teu-class newbuild containerships, started its first voyage from the port of Busan in Korea. The vessel flying the Liberian flag is deployed on the Far East Europe 4 (FE4) route under THE Alliance’s product plan, with the following... more
Increasing rail capacity for Mid Canterbury
New Zealand’s railfreight carrier Kiwi Rail has signed an agreement with Fairfield Freight Hub, paving the way to increase rail volumes through Kiwi Rail’s current Ashburton rail site and creating the potential for a new container terminal and freight hub outside Ashburton.... more
Osprey: more than 600,000 hours
The Bell Boeing V-22 Osprey has logged more than 600,000 flight-hours since its first flight over 30 years ago, providing continuous customer support to maintain mission readiness and transport critical cargo and personnel. Built by Bell Textron, a Textron company, and... more
Taking a big step into 2035 
Many people would appear to have forgotten that the Chinese economy remains a centrally-planned effort. The 14th five-year plan that has just been passed includes an ambitious scheme for the transport sector with a 15-year horizon. more
Viaduct near Beska completed
RZD International has laid the last link of the railway track on the viaduct in the Beska area at 51 km of the Stara Pazova - Novi Sad section of the Belgrade - Budapest line. Now this viaduct is finally complete. It intersects the Maradik - Beshka road. Its span structures,... more
New regional HQ down under
Agility's Australasia regional headquarters has moved to a new 32,000 sqm facility in Melbourne airport's business park. Qanstruct, a Melbourne-based design firm, led the construction of the facility, which took 13 months. The property covers 30,000 sqm devoted to warehousing... more
Department heads for USA and Russia
Mitsui O.S.K. Lines (MOL) has announced changes within its executive team: Katsumi Nagata, currently chief country representative of United States of America, will be promoted to chief executive representative of North America, Central America and Caribbean; and Kenji Yokoi,... more