Corona virus may trap containers in ports
“The recent position of the Chinese government and provinces to extend the Chinese New Year and impose new restrictions on the movement of people in China has a significant downstream effect on the movement of goods, which raises issues for international freight forwarders... more
U-Freight sets up e-commerce hub in South Korea
U-Freight Korea has opened a new logistics hub in Incheon to support its growing e-commerce business. The e-commerce fulfilment centre (EFC) will process domestic and cross-border e-commerce shipments for business-to-business (B2B) and business-to-consumer (B2C) fulfilment.... more
Full steam ahead for On-Dock Rail in Melbourne
The Victorian government in Australia has approved AUD 125 million (EUR 75.5 million) to build a new rail infrastructure at the port of Melbourne. The port’s rail solution will be developed over the next three years. The project includes the construction of a new on-dock... more
ONE sticks to its course in Q3 of its FY
The Japanese alliance of the three big container lines, Ocean Network Express (ONE), remained in the black in its Q3/2019 as well. ONE's financial year starts in April and lasts till the end of March. The lines finished the quarter with a moderate profit of USD 5 million. In... more
Baltic Exchange under pressure
As Reuters reported in a recent analysis, the Baltic Exchange’s main sea freight index is currently strongly affected by weaker demand across vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell last... more
AEI: another conversion for Airwork
Aeronautical Engineers (AEI) has signed a contract with Airwork to provide the New Zealand-based company with an additional B737-400SF freighter conversion. The aircraft represents the 12th AEI B737-400SF freighter conversion for Airwork. All modification touch labour and... more
EUR 3.3 million tax evasion racket at BOM
The Mumbai Central Commissionerate has unearthed an INR 26 crore tax evasion racket that has been found to be transporting jewellery goods without paying GST. Certain jewellers situated in various Indian cities were supplying gold jewellery studded with or without precious... more
Hellmann appoints new regional CEO Asia Pacific
As of 1 March 1020 Sven Raudszus will be taking over the position of regional CEO Asia Pacific (APAC) at Hellmann Worldwide Logistics. He will be responsible for the operative and strategic business within the Asia Pacific region, including South East Asia, Australia and New... more
TIR journeys now operational in Saudi Arabia
In close cooperation between national guaranteeing associations, customs authorities and the international road union (IRU), a TIR transport operation from Dubai, United Arab Emirates, to Amman, Jordan via the kingdom of Saudi Arabia was successfully concluded this... more
First log train runs on New Zealand’s Wairoa line
In New Zealand, regular log trains have started operating between Wairoa and Napier Port following completion of the new log yard in Wairoa. Kiwi Rail will run two trains a week on the route. Each train could take up to 50 long distance truck hauls off the road between... more