Logos acquires logistics estate in Melbourne 
Real estate manager Logos has entered into an agreement to acquire a strategic logistics estate in Epping, one of Melbourne’s northern industrial suburbs, via an off-market deal. The estate, which is currently under development by Time & Place and due for completion in... more
Yang Ming's H2/20020 on the rise
Benefiting from strong freight rates and relatively low fuel costs, Keelung-headquartered Chinese shipping group Yang Ming was able to improve its figures despite the corona impact. For H1/2020, the company’s consolidated revenues were down by 12% compared to the same period... more
Triple Seven for ABC, more China for Atran
A B777F joined the Volga-Dnepr Group fleet of 24 Boeing freighters earlier this week. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo (ABC), a subsidiary of the Volga-Dnepr Group, which is among the world's largest Boeing freighter operators,... more
JD Logistics launches warehouse in Langfang
JD Logistics has inaugurated a new warehouse in Langfang, Hebei province, near Beijing, equipped with the first automated storage and retrieval system for bulky items in Asia’s e-commerce industry. It is expected to greatly improve efficiency in handling items including air... more
LNG for three PCTC
As previously reported (see ITJ Daily of 22 June), European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, will build three LNG battery hybrid powered generation PCTC with China Ship Building Trading and Jiangnan Shipyard Group.... more
From XI’an to Amsterdam in 17 days
As of 1 September 2020, Dutch forwarder Nunner logistics will join forces with its partners Tiedada and TMA to launch a new intermodal service between China and the Netherlands with further connection to London, UK by short sea. The new train will run directly between Xi’an... more
Eastland Group welcomes new board members
Eastland Group, the New Zealand-based infrastructure, logistics and energy company, has two new directors. Shareholder Trust Tairāwhiti has appointed Candace Kinser and Jim Quinn to the Eastland Group board. They join chair Matanuku Mahuika and directors John Rae, Jon Nichols... more
Far-reaching newcomer from Moldova
7 August was a historic day for Aerotranscargo, as its Boeing B747-400ER-JAI landed in Australia for the first time. Brisbane airport guided the aircraft to a nose-in gate of its international terminal. To get a ‘Foreign Air Transport AOC’ and thus be able to operate to... more
Maritime arbitration - a centred business
London continues to dominate the market for international maritime arbitration, according to an analysis presented by the law firm HFW, accounting for more than 80% of all cases worldwide.London handled 1,737 maritime arbitrations in 2019 – up by 14% on the previous year – which... more
Kaliningrad to become east-west gateway
Russian Railways RZD is set to develop a multimodal transport and logistics centre in the Kaliningrad exclave, to increase delivery speeds and reliability and reduce logistics costs for shippers.The export-import hub will see freight shipped both to and from Russia, as well as... more