MOL raises income in first half of financial year 2019 
In the first half of its financial year 2019 (August till September), the Japanese carrier MOL’s revenues went down to USD 5.32 billion, a drop of 45.5% compared to the preceding Q2/FY 2018. The operating profit in H1/FY 2019 also shrunk to 111.6 million USD, whereas in H1/FY... more
Hactl provides ramp handling for Southern Air
Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s major independent cargo handler – has been awarded the contract to provide ramp handling for Kentucky (USA)-based freighter operator Southern Air. The wholly-owned subsidiary of Atlas Air Worldwide Holdings operates... more
120 tank cars to carry sulphur
The Russian manufacturer United Wagon Company (UWC) and Gazpromtrans (a 100% subsidiary of Gazprom) have signed an agreement for the supply of 120 tank cars for transportation of molten sulphur. The parties already signed a contract for delivery of 60 tank cars in August... more
Kerry Logistics wins contract with Smiffys
Kerry Logistics has fulfilled a global supply chain contract with the UK-based family-owned fancy dress business Smiffys. As part of the contract, the Hong Kong headquartered logistics company has set up a new central distribution centre for Smiffys in Ningbo, a key port and... more
Russian Railways to work with Cargo Beamer
Russian Railways (RZD) and Cargo Beamer have signed a memorandum of cooperation to develop joint rail services between Europe and China and create new logistics products in Russia using Cargo Beamer technology. The technology is designed for piggybacking – carrying trailers... more
Growth in world maritime trade slows down
The UN conference on trade and development (Unctad) in Geneva (Switzerland) has published the 2019 edition of its Review of Maritime Transport, covering the development of maritime freight, world fleet, rates and markets, ports and regulatory and legal framework in 2018. The... more
Qantas turns 99 this month
Qantas' newest B787 Dreamliner has rolled out of the paint shop at Boeing’s factory, wearing a special centenary livery to celebrate the flying kangaroo’s 100th year in the skies, as the Australian carrier is embarking on a range of initiatives. The B787 is named... more
Ceva cares about medical equipment in India
In a further expansion of its global healthcare capabilities, Ceva Logistics has launched a specialist installation service in India for large-scale medical equipment using its own dedicated team of engineers and technicians. Ceva’s expert team will be responsible for... more
Coli und Global renewables head jointly for Japan
Global Renewables Shipbrokers (GRS) from Hamburg is starting a strategic partnership with Coli Schiffahrt & Transport in the offshore renewables market in Japan. The aim of the cooperation is to provide joint project development of offshore wind farm projects in the land of... more
U-Freight launches iShipmore
The Filipino partner of the U-Freight Group (UFL) has launched iShipmore, a new online shipping platform to assist individuals who want to ship items bought online to consignees based in the Philippines. A major reason behind the launch of the new platform is to overcome the... more