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
DSV Panalpina acquires e-commerce specialist
The DSV Panalpina conglomerate is taking over Denmark-based Prime Cargo from Mitsui-Soko Group in Japan. Prime Cargo is an international forwarding company which offers customised warehousing and logistics solutions. Headquartered in Kolding, Denmark, Prime Cargo runs its... more
Qantas puts world's first A321P2F into service
ST Engineering, Airbus and their joint venture Elbe Flugzeugwerke (EFW) achieved a key milestone in their joint A321 passenger-to-freighter (P2F) conversion programme in September with the re-delivery of the "head of version" to launch customer Vallair. The A321P2F,... more
"No sign of recovery in sight" for Asian carriers
Preliminary September 2020 traffic figures released by the Association of Asia Pacific Airlines (Aapa) showed that both international passenger and cargo demand is "at markedly depressed levels, with no sign of recovery in sight". Whilst manufacturing conditions... more
The rising sun over Frankfurt
Nikkei-listed All Nippon Airways (ANA) is launching its first scheduled freighter flights to Europe with the start of services between Tokyo and Frankfurt today. The Boeing B777F flights will operate twice a week (Wednesdays and Saturdays) and offer 100 t capacity per flight.The... more
Another service calling Le Havre
The Marseille-headquartered carrier CMA CGM will again include Le Havre, part of the Haropa association, as a port of call in its FAL 1 service. The rotation of the FAL1 line (French Asia Line) is thus revised. This decision to call at Le Havre next December, taken within... more
Central Asian country accedes to e-CMR
Uzbekistan has become the 29th country to ratify the use of the digital consignment note, based on the UN’s CMR convention, for all national and international transports from and to the country. This important step is in line with the joint call by the transport ministries... more
Intuitive IT solutions for air cargo
Launched last year in Singapore, the e-booking platform CargoAi aims to combine the air cargo experience of its founders with world-leading technology. CEO Matthieu Petot (2nd from left): "We have taken our inspiration from the many modern applications that have been... more
A partnership to boost container traffic
The Russian Delo Group and Russian Railways (RZD) have signed a cooperation agreement for the organisation of railway container transportation. The document provides for long-term cooperation between the monopoly and the largest transport and logistics holding, RZD said. The... more