Iata expects slight improvements for 2020 
Iata has forecast that the global airline industry will produce a net profit of USD 29.3 billion in 2020, above the net profit of USD 25.9 billion expected in 2019. If achieved, 2020 will mark the industry’s 11th consecutive year in the black. $ In 2019 cargo traffic turned... more
"Hot" air cargo in Alaska and Australia
The Fairbanks International Airport Police and Fire Department have seized a total of 222.8 l of alcohol, with an estimated street value of over USD 133,000 and 144 g of illegal drugs, destined for rural Alaskan communities in the last six months. These seizures of illegal items... more
Combining road haulage and air freight
Due to fluctuating air freight capacities in flights from China and south-east Asia, an increasing number of customers are opting for cargo-partner’s alternative solutions combining air freight and road haulage services. In addition to the existing connection from Myanmar via... more
New feeders to be built on dual-fuel LNG-basis
The Chinese Huangpu-Wenchong Shipbuilding Company (HPWS) has entered into a joint development project (JDP) with DNV GL on a 5,000 teu LNG dual-fuel containership. According to the agreement, the two partners will jointly develop a new dual-fuel 5,000 teu Panamax container ship... more
ONE takes another step towards digitalisation
ONE makes digital and mutually enforceable contracts part of its business environment. The shipping group joins a number of carriers that use the platform NYSHEX. Seven of the major global ocean carriers are already on board, representing not only approx. 60% of global capacity,... more
Another generation of MOL vessels
The Tokyo-based Japanese carrier MOL is ordering two new bulk carriers from Oshima Shipbuilding. The so-called 'EeneX' series was designed in pursuit of the best possible coal carrier for electric power companies in Japan. The two vessels MOL has ordered will operate under... more
New boost for rail logistics
In Germany, Duisport and Cargo Beamer have joined forces to plan eco-friendly supply chains from ramp to ramp. The project centres on Cargo Beamer’s first wagon park in Duisburg, which offers automated cargo handling for semitrailers from road to rail, robotised cargo... more
Authorities support Hong Kong's cargo hub status
To reinforce Hong Kong International Airport (HKIA)’s competitiveness and its global status as one of the largest air cargo hubs (2018: 5.1 million t), the Airport Authority Hong Kong (AA) supports carriers to introduce the terminal charge (TC) concession scheme with effect from... more
Many trucks held up at borders every day
At the latest high-level panel in New York, the UN adopted a resolution to connect landlocked countries, the International Road Union (IRU) has reported. The resolution paves the way for further TIR implementation in landlocked countries, to help them achieve the economic,... more
Allcargo buys majority share in Gati
Allcargo Logistics, an Indian integrated logistics solutions provider has made a foray into the express logistics market by acquiring a controlling stake in Gati. Through this transaction Allcargo has added another domestic service to its portfolio by entering a segment that has... more