Maritime goes smart
The maritime industry in general is changing fundamentally as vessels transform into sophisticated sensor hubs, generating data and connecting through satellites in an expanding interconnected web. To enable the uptake of these systems and unlock the associated efficiencies,... more
C. H. Robinson tackling the times
C. H. Robinson has published its figures for Q3/2020 and the months from January till September 2020 - and they are on the positive side. In Q3/2020, the 3PL's revenues increased by 9.6% to USD 4.2 billion compared to the same period in 2019, due to higher prices in some fields... more
EMSA on ship calls during the pandemic
The ports of Croatia, Iceland, Slovenia and Spain are statistically the ones that have suffered the most from the decrease in the number of ship calls throughout the European Union, Norway, Iceland and the United Kingdom since the end of July due to the pandemic. According... more
World trade on the rise
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) showed a robust improvement in September, rising from (corrected) 116.5 to 119.7 points. The uptick was felt in Chinese... more
Sri Lankan logistics and Singapore technology
The Sri Lankan logistics group John Keells Logistics (JKLL) will leverage Infor Warehouse Management Systems (WMS) and Infor Birst to digitise its logistics value chain. JKLL is a subsidiary of John Keells Holdings, Sri Lanka's largest listed conglomerate group, and a... more
Order placed for 100 timber flat cars
Russia’s largest manufacturer of freight cars UWC will supply 100 new generation flat cars (60 feet) to Kronospan. The global manufacturer of wood-based panels will use the new equipment for the transportation of timber freight. The rolling stock is expected to be shipped to the... more
Trade body elects chair and Asian representative
Interferry, a trade association representing 260 members of the global ferry industry, has appointed Christophe Mathieu as the new chair of its board of directors. Board member since 2010, he was elected at the association’s AGM on 27 October - held virtually e due to Covid-19... more
India: 20 years without docking
India’s first LNG-FSRU (Floating Storage Regasification Unit) has been classified by the Indian Register of Shipping (IRClass), an international ship classification society, which is a milestone in India’s energy shift towards natural gas. The unit is owned by Triumph... more
ITJ Video News – 29 October 2020
In this week’s ITJ Video News, editor-in-chief Chris Doepgen presents Fitch Ratings’ assessment of container shipping’s spot rates; the aviation e-booking platform CargoAi’s new goals; XPO Logistics’ new chief commercial officer; Uzbekistan’s ratification of the digital... more
OOCL also going strong
Like most of the maritime carriers worldwide, the Hong Kong-based Orient Overseas Container Line (OOCL) reported positive results for Q3/2020 despite the Covid-19 pandemic. Overall average revenue per teu increased by 6.2% compared to Q3/2019. Volumes also took a... more