Here’s how to adjust prices
A global management consultancy’s price expert shows the way. Navigating these turbulent economic times is a major challenge for many a logistician. Although inflation decreased again slightly last year, companies in our industry nevertheless continue to face the problem of... more
A first in Hong Kong
Asia Airfreight Terminal (AAT), a subsidiary of Sats, has introduced autonomous electric tractors (AET) for cargo handling at its terminal in Hong Kong. AETs offer uninterrupted service for extended hours, provide reliable support, and maintain operational efficiency. They... more
ICTSI wins bid to modernise Iloilo port
International Container Terminal Services, Inc. (ICTSI) has officially been granted a 25-year concession to manage and develop the Visayas Container Terminal (VCT) in Iloilo City, Philippines. The aim of the deal is to enhance the economic prospects of the Western Visayas region... more
Hong Kong again tops the busiest cargo airports
Hong Kong International Airport (HKIA) handled 4.3 million t of cargo in 2023. According to the latest data released yesterday by Airports Council International (ACI), it is the 13th time since 2010 that HKIA has been named the busiest cargo airport in the world. Jack So,... more
Maersk expands to Sri Lanka
Logistics provider Maersk has opened a new 9,290 sqm facility in Wattala, Sri Lanka to focus on 3PL and export consolidation services. Wattala is located close to major trade routes and is only 11 km from the seaport. The warehouse can serve almost the entire Colombo market... more
Upgrading truck stops for tired truckies
Original: Truck drivers across the country will soon be able to stop at new and upgraded rest areas to improve road safety and productivity thanks to nearly $6.7 million in Australian Government funding. This funding is the first tranche of the Australian Government’s $140... more
Optimising cargo operations in Budapest
Kale Logistics Solutions (Kale), a provider of technological solutions for the logistics industry, has begun to collaborate with Budapest airport (BUD), Hungary, to enhance cargo operations through the implementation of its airport cargo community system (ACS). The... more
Rates continue to rise despite holiday periods
Despite a fall in tonnages from most regions linked to holiday periods such as Easter, Ramadan, and the Qingming Festival, worldwide air cargo rates have continued to rise into the first week of April. According to the latest weekly figures and analysis from World ACD Market... more
Decades of experience join TGP
Trans Global Projects (TGP) has appointed three new executives to its team based in Bremen, Germany. Morten Guba (centre) and Nicholas Schubert (right) have both joined as project managers, while Knuth Meinardus (left) has been named sales manager. Guba and Schubert bring... more
New all-cargo air route links Hangzhou with Miami
Zhejiang Province, a manufacturing and trade hub in East China, has launched a new cargo air service linking its capital city of Hangzhou with Miami, USA. A freighter operated by Atlas Air and loaded with 104 t of cross-border e-commerce goods that include clothing and... more