Full speed ahead from Hong Kong to Europe
A China Railway Express (CRE) train carrying electronic products, electrical and mechanical equipment, light textiles and other goods, was despatched from Pinghu South Station in Shenzhen and left China via the Alataw Pass. The train recently arrived in Duisburg, Germany after a... more
Aircraft engines flown from Siberia to Western Europe
Atran Airlines and Air Bridge Cargo Airlines (ABC), both part of the Volga-Dnepr Group, have cooperated to carry out a complex delivery of aircraft engines for Yakutia Airlines. Two Pratt & Whitney engines, PW123 for Bombardier Q-300, weighing 1,520 kg in total were... more
Smarter ports with 5G private networks
Ericsson has released its new Connected Ports report, describing smart use cases that aim to optimise port operations. According to the World Bank, trade represented more than 60% of the world's gross domestic product (GDP) in 2019, with maritime transport playing by far the... more
Jumbo and SAL bundling forces
Heavylift and project cargo companies Jumbo and SAL are forming a joint venture. SAL is headquartered in Germany and Jumbo in the Netherlands. They will be joining forces in combining a large part of their fleets, engineering and commercial activities. In a press release,... more
Importance of increasing automotive charters
Since the New Year, IAG Cargo, the cargo division of International Airlines Group (IAG), has transported over 8,000 t of automotive spare parts. A significant proportion of these shipments were delivered via 95 charter flights utilising the group’s B777s and B787s and arranged... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
“Re-setting” Europe–Australia air cargo routes
Consol Alliance, an Australian wholesaler founded in 2011, and the recently-formed airfreight consolidator Wholesale-by-Vels, have entered into a strategic partnership to develop trade air cargo business on the Europe-Australia route.Initially, the alliance will operate weekly,... more
Further expansion in China
Just like other players, Seko Logistics also wants to expand its footprint in China, with its new investment partner, Ridgemont Equity Partners, backing the plans. Thus Seko opened an office in Qingdao in February, which will be followed later this year by the expansion of its... more
Overland transport – quicker and cheaper
Concor, a specialist for containerised rail transport in India, and Russian Railways Logistics (RZDL) have signed an MoU to cooperate in promoting intermodal transport in the international north–south overland transport corridor. The agreement enables players to transport cargo... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more