Hutchison Ports invests in Saudi Arabia
In Saudi Arabia, the Royal Commission in Jubail and Yanbu and Hutchison Ports have inked an agreement to invest and operate JCPDI Port, which consists of multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI). Due to the pandemic, it was... more
Air cargo information for freight forwarders
Fiata recently informed that Icao has released amendments to the 2021-2022 edition of the Technical Instructions for the Safe Transport of Dangerous Goods by Air relating to the containment of Covid-19. One of the amendments aims to facilitate the transport of vaccines, by... more
Dachser restructures regional management
Dachser Air & Sea Logistics (ASL) has reorganised the management of two regional business units. Tobias Burger (photo), already in charge of the strategic development as deputy director ASL, has assumed the position of managing director ASL Europe, Middle East and Africa... more
Track to “Titanium Valley” under construction
Russian Railways (RZD) has started the construction of railway infrastructure to support the “Titanium Valley” special economic zone in Sverdlovsk Oblast in the Russian Urals federal district. The building and installation works have been organised simultaneously at two... more
HMM also scores
Like the other big carriers, HMM took advantage of the cargo boom in the pandemic year of 2020. The South Korean group, formerly known as Hyundai Merchant Marine, was able to achieve an operating profit in 2020 of USD 831.1 million, a rise of more than USD 1 billion compared to... more
45 new projects to generate 800 new jobs
Genesee & Wyoming’ (G&W) has announced its 2020 US industrial development results, with 45 new projects representing USD 1.6 billion in customer investments expected to generate more than 800 new jobs in communities served by G&W’s freight railroads. Highlights... more
VW following in BMW’s tracks
Johor is an attractive region for German vehicle makers to do business. Four years ago BMW entered the scene; now Volkswagen has followed suit and set up a distribution centre in Malaysia’s southern-most state. It will serve 21 national markets from there. more
Python train serves North India’s industries
CMA CGM has launched a Python train service in India, running along the western dedicated freight corridor. The two double stack ‘ship-to-rail’ dedicated trains will join at New Kishangarh junction for their onward journey to New Ateli junction and will again split up for the... more
Masks to Graz
The demand for high-quality medical products - currently mainly FFP2 masks and rapid antigen tests - continues to grow significantly throughout Europe due to the new regulations. To meet this demand, the Diwa Medical Group, in cooperation with Belenos and Quehenberger... more
Hapag Lloyd turns mega
It’s no mean feat: carrier Hapag-Lloyd is breaking new ground in financing by securing USD 889 million in loans for its next projects. The Hamburg-based shipping company was able to conclude two debut transactions according to the Green Loan Principles of the Loan Market... more