Yang Ming's surprising Q1/2020
The Keelung (Taiwan)-headquartered Yang Ming shipping group has published its consolidated revenues for Q1/2020. The total figure of NTD 34.64 billion (USD 1.15 billion) shows a rather moderate decline of 1% compared with NTD 35.08 billion (USD 1.14 billion) in revenue in... more
United Cargo increases capacities
United Cargo's inaugural cargo-in-cabin flight flew from London to Chicago (ORD) last week, with almost 2 t of mail in the passenger cabin, plus a full payload of freight in belly. Initially, cargo-in-cabin shipments will be loaded on B777 and B787 cargo-only flights, which... more
24% more freighters at biggest global cargo hub
In April, cargo throughput at Hong Kong International Airport (HKIA) dropped 14.2% compared to the same month last year, to 338,000 t. The overall decline in cargo handled was mainly attributed to the 51% decline in transhipments, while exports increased by 4%, with North... more
Hapag-Lloyd holds its course in 2020
Hapag-Lloyd's transport volumes of passed the threshold of 3 million teu in Q1/2020 (3.053 million teu), a 4.8 % increase compared to Q1/2019, freight rates went up by USD 15 per teu from USD 1,079 to USD 1,094. Altogether, the first quarter of 2020 was friendly to the... more
DB Schenker transports Corona test kits
Logistics against the pandemic: DB Schenker currently ships rising volumes of Covid-19 diagnostic kits from pharmaceutical companies to public bodies and private companies all over the world. One example is the organisation of the carriage of several hundreds of thousands of... more
Humanitarian hubs and depots around the world
The UN Word Food Programme (WFP) has chosen Guangzhou in southern China and not the Alibaba metropolis Hangzhou (see ITJ 19-20/2020, p 14) as the place to set up one of its eight global humanitarian hubs. These locations form a hubs-and-spokes system that will route medical... more
First cargo airline achieves San Marino AOC
Founded in 2018, San Marino Executive Aviation has become the first cargo airline to achieve the AOC of the Republic of San Marino, which as of April, had the highest death rate per capita due to Covid-19 of any country. SMEA started flying an A300-600R (maximum payload 47.5... more
Central Anatolian rail line reopened
In Turkey, the rail stretch connecting Samsun to Siva in Central Anatolia has been reopened for freight operation. The line was closed for five years and is now upgraded. The Turkish state-owned rail company TCDD has improved the entire infrastructure along the 378-km long... more
Will Maersk weather the storm?
A.P. Moeller-Maersk showed a better performance in this year's first quarter than expected. Nevertheless, the Danish container shipping company warned of a 20-25% decrease in volumes in the second quarter. Maersk posted a USD 197 million net profit in the first three months... more
American Airlines back to the future in May
American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, up from 80 flights the week before. New destinations include daily flights between Dallas-Fort Worth (DFW) and Hong Kong and weekly... more