Russian carrier to test 200 innovative tanks
Railgo has signed a contract with United Wagon Company (WC) on the supply of 200 innovative Model 15-9993 tank cars for transporting petroleum products. The deal will allow the company to assess the model’s operational advantages and take a decision on further investments in... more
Vels wholesales for everyone
A new airfreight wholesaler has been launched by long-serving Dutch airfreight specialist Rinaldo Vels, particularly targeting non-Iata-licenced forwarders, courier companies, trucking companies, e-commerce forwarders and nextgen digital forwarders. Based near Amsterdam... more
Singapore sends hot signals to the cargo world
Today, 9 November 2020, Singapore Airlines (SIA) makes its return to New York, when it launches nonstop flights to JFK. Operating to JFK (instead of ERW, which was served before the pandemic restrictions) with Airbus A350-900s will allow SIA to better accommodate a mix of PAX... more
Noronha next CEO of Shipping Australia
Scott Henderson, chairman of Shipping Australia (SAL), a peak national shipping association comprising 29 shipping lines and ships’ agents that handle over 70% of Australia’s container and car trade, announced that Melwyn Noronha will be appointed as the next CEO, effective 1... more
WMS for Chinese Genzon Cold Chain
In China, Genzon Cold Chain and Shenzhen Woer Heat-Shrinkable Material have adopted the warehouse management systems (WMS) developed by Infor. Genzon Cold Chain, a service provider for high-tech industrial solutions, is leveraging the WMS to overhaul its cold chain logistics... more
ICTSI holds the fort
Filipino port and terminal operator International Container Terminal Services, Inc. (ICTSI) has released its unaudited consolidated financial results for the first nine months of 2020. Revenues from port operations amounted to USD 1.1 billion, moving sideways compared to the... more
Farewell to Tu-154
Russian Alrosa Airlines has withdrawn its Tu-154 from service. Hence, North Korea’s Air Koryo now remains the last civilian operator of the trijet that was introduced in 1968. The airline apparently uses the aircraft for domestic flights. The Tu-154 continues to be deployed by a... more
Ready for World Shopping Day
In Spain, Ali Express, an affiliate of Alibaba, is reshaping its delivery network. The company has established three warehouses near Madrid, where it has a stock of thousands of different products sent by sellers in Asia, which can be delivered to Spanish customers within three... more
TIR carnet use in Mongolia triples
Growing numbers of Mongolian transport firms are taking advantage of the facilitation and security benefits of the TIR system. Compared to 2019, the number of TIR carnets issued by the national road transport association of Mongolia has almost tripled in 2020. China’s recent... more
ESR's latest facility investment
Hong Kong-based ESR Cayman, a major Apac-focused logistics real estate platform, has closed a new facility agreement. The investment amounts to about JPY 15 billion (USD 143 million) for a three-year unsecured term loan facility with an upsize option to JPY 20 billion in the... more