Expanded trucking services during Corona crisis
As of now, InstaFreight is offering customers stable overland transport for the supply chains from China to Europe and vice versa. Chains in both directions have been strongly affected by the Coronavirus. With this newly added service, the German-based forwarder is maintaining... more
United Cargo upgrades humanitarian efforts
Since beginning using Boeing 777 and 787 aircraft from United's passenger fleet for operating cargo-only flights, the carrier has operated 400+ flights carrying more than 6,000 t of cargo. United Cargo president Jan Krems: "We're proud to play an active role in... more
Vision of Duisport Group prevails
The Duisport Group's CEO, Erich Staake, answered the most pressing question at a press conference, which was held online for the first time. Staake assessed the situation as follows: “Overall, we expect total economic output to decline by around 10% in 2020. In many... more
DHL launches "UbuntuConnect" service via Dubai
DHL Global Forwarding has launched a dedicated 100 t weekly airfreight service for organizations and governments shipping goods from China to Africa and the Middle East. Named after the Nguni Bantu word, ubuntu (humanity) used across Africa to refer to the universal bond of... more
Divestments and investments of Royal Vopak
The tank storage company Royal Vopak achieved revenues of EUR 296.9 million in Q1/2020. Ebitda amounted to EUR 200 million compared to EUR 215 million (pre-divestments) in Q1/2019. On 31 January 2020, Vopak completed the earlier announced divestment of its 100% shareholding in... more
Alliances weathering the storm differently
Deep-sea carriers have currently blanked 435 sailings. The Copenhagen-headquartered maritime consultancy Sea-Intelligence said in a recent bulletin that these cancelations stand for a decline in demand of 7 million t in 2020. The blanking measure, however, protects the... more
Launch of China–Austria container service
RZD Logistics (RZDL) has launched a new transit container service from Shenyang (China) to Enns (Austria) via the Zabaykalsk border crossing. The project was implemented in close collaboration with Chinese logistics company Sinotrans. The first train, loaded with industrial... more
Passing on oil price reductions
The freight forwarding associations Fiata and Clecat have called on the liner industry to relieve the burden imposed by Covid-19. With regards to the sudden decline of the price of very low-sulphur fuel oil (VLSFO), just after the steady rise in costs last year caused by the... more
New locomotives to haul coal in Indonesia
Progress Rail in the USA has signed a contract with PT Kereta Indonesia (PT KAI) for 36 new freight locomotives that will expand the Indonesian railway operator’s existing GT Series fleet. The new traction will go into service for PT KAI’s South Sumatra coal haulage operations... more
IRU-UNECE call for coordinated measures
The International Road Union (IRU) and the UN Economic Commission for Europe (UNECE) continue their cooperative and proactive joint response to the Covid-19 pandemic. In a joint letter addressed to customs administration bodies, the two organisations stressed the importance... more