Chinese investment for Italian Post 
Poste Italiane and Cloud Seven Holding recently inked an agreement to form an e-commerce partnership. The Italian group acquired 51% of the shares of Sengi Express, a company based in Hong Kong that specialises in providing logistics solutions for Chinese e-commerce companies... more
10,000th Taiwan-made truck
In Dadu, Taiwan, the 10,000th locally assembled DAF truck has rolled off the assembly line just three years after production of the 5,000th vehicle. The jubilee truck was ordered by Yong Yuan Transport. It is a CF 480 tractor unit which will be used to transport gravel and... more
Clarksons’ overview on newbuilds
In 2020, global orders for newly-built ships amounted to 53.9 million dwt, 29% less than in 2019, according to current data from Clarksons Research. The decrease in orders for bulk carriers was particularly strong, with a drop of 58%, or a total of 13.5 million dwt, compared to... more
Over 500,000 t of Pacific seafood
Russian Railways (RZD) transported 507,500 t of fish products in 2020, 0.2% more than in 2019. The Pacific seafood was dispatched from the stations of Far Eastern Railways. For the shipment of seafood, RZD has introduced a dedicated transport service as part of fast... more
MOL fund for future investments
The Japanese shipping line MOL is establishing a wholly-owned corporate venture capital fund, called MOL Plus. It will make a broad range of investments, mainly in start-ups that can reform ocean shipping business models and create new opportunities. Investments will centre... more
United African Feeder Line for sale
Investors have taken another interesting step in the shipping business: a Luxembourg investment fund is about to acquire the carrier United Africa Feeder Line (UAFL), according to news from Alphaliner. The owners, Deutsche Afrika Linien (DAL)/John T Essberger Group (JTE),... more
Second attempt to increase maindeck capacity
In order to successfully implement the tasks stipulated in the "national programme for the development of civil aviation of Turkmenistan" for 2012-2030, president Gurbanguly Berdimuhamedow signed the purchase of two converted A330-200 earlier this month. On this... more
Better rail links between China and Ukraine
DHL, Ukrainian Railways and its logistics division CTS Liski have signed a memorandum of understanding (MOU) for the organisation of container trains, the acquisition of additional cargo and the geographic expansion of their transport services. With a population of 40... more
Stengg extends contract with cargo carrier
ST Engineering has signed a five-year airframe heavy maintenance contract "with an international air cargo carrier". As part of the contract that took effect 1 January, the company is to provide heavy maintenance support for multiple fleet types at the group’s airframe... more
Double-track links Volgograd and South-Ports
Traffic recently began running on the new second track of the 5.4 km stretch between the Maxim Gorky Station and Gornoplolyansky Station in the Volgograd region in Russia. The construction work was carried out as part of a comprehensive project to upgrade the section between... more