USD 100 million for Project44 
Project44, a startup founded in 2014 that specialises in supply chain visibility for shippers and logistics companies, has secured a further USD 100 million investment funds in a Series D financing round. The new funding raised by Insight Partners will be used to expand the... more
China-train reaches Europe in 32 days
Fifty feu containers carrying chemical, industrial and retail goods from Suzhou, China recently reached their destination terminal at Ludwigshafen, Germany after a journey of 32 days. This is the first westbound block train to be organised by logistics service provider... more
Connecting Silicon Valleys
From tomorrow, 9 January 2021, Air India will operate the first-ever nonstop flights between San Francisco airport (SFO) and Bangalore (Bengaluru), India. The twice weekly B777-200LR service also represents the only nonstop flights between the "Silicon Valley of... more
Blank sailings significantly down, says eeSea
The latest data from the Danish maritime and supply chain intelligence company eeSea’s ‘Blank Sailings Tracker’ shows that 1.7% (for February) and 0.6% (for March) of head-haul sailings have been cancelled on three main east/west trades at this stage of the year. This is a... more
Sinovac vaccine arrives in Turkey
As part of its continuing healthcare, medical equipment and vaccine shipments across the globe, Turkish Cargo last week carried the first batch of Sinovac, Covid-19 vaccines procured from China by the ministry of health, to Turkey. Loaded inside 17 containers equipped... more
New vessel for Wan Hai Lines
Japan Marine United has delivered a 3,055 teu container ship to Wan Hai Lines. The line has ordered a total of eight container vessels with a design capacity of 3,055 teu which can carry containers with a maximum of 12 rows x 6 stages in the hold and a maximum of 14 rows x 7... more
Yang Ming banks on France
In a joint operation, Yang Ming has set up a new subsidiary with the Naxco Group in France. Yang Ming (France) officially became operative on 1 January 2021. The subsidiary aims at assisting Yang Ming to develop local market and integrate regional resource. With the... more
ITJ Video News – 7 January 2021
In the ITJ Video News of the 7th of January 2021, editor-in-chief Chris Doepgen shines the spotlight on Olfa Hamdi, the 36-year-old new president and chairwoman of state-owned Tunisair; the shipping line ZIM’s plans to go public; an ‘air bridge’ between Belgium and England;... more
Two Japanese partners for "Pupa"
Japan Aerospace Exploratory Agency (Jaxa) and Yamato Holdings are to collaborate on a cargo pod for electric vertical take-off and landing (eVTOL) aerial systems. The two organisations have worked together in designing and evaluating the aerodynamic shape of the... more
Kerry Thailand on stock exchange
Kerry Express Thailand (KETH), established in 2006 as an affiliate of Kerry Logistics Network, has been listed on the Stock Exchange of Thailand (SET) since the end of December. KETH remains a subsidiary of Kerry Logistics Network after the spin-off. The price of the initial... more