CCTT vice chairman honoured 
At the last plenary session of the CCTT (coordinating council on Trans-Siberian transportation) in Kazakhstan, InterRail-president Hans Reinhard stepped down as the CCTT vice chairman for personal reasons. RZD-president Oleg Belozyorov honoured Reinhard with a diploma for his... more
DHL Express: EUR 131 million for expansion in South Korea
DHL Express has signed a concession agreement with the Incheon International Airport Corporation to implement its largest investment in South Korea to-date - a EUR 131 million expansion plan for its gateway in South Korea. The multi-year investment is expected to encourage... more
A matter of trust in Pakistan
The Philippines-based International Container Terminal Services (ICTSI) recently reaffirmed via its subsidiary Pakistan International Container Terminal (PICT) its commitment to improve Pakistan’s port industry. At a recent visit to the Honourable Sindh Governor Imran Ismail... more
Stadler wins first large contract in the Pacific region
Switzerland-based rail manufacturer Stadler has won a tender for the supply of 34 diesel-electric locomotives to Taiwan Railways Administration (TRA) in Taiwan. Just over three weeks ago Stadler announced the establishment of a joint venture with PT Inka in Indonesia. The... more
Longest heavy-load railway sets off
The 1,814 km railway connects Haolebaoji South Railway Station in the Ordos, Inner Mongolia autonomous region with Ji'an Railway Station in Jiangxi province. It will mainly be used for transporting coal from northern to central and southern China. The line's construction... more
Dutch airport operator expands Down Under
Already familiar with the Australian market through its participation in Brisbane airport, Royal Schiphol Group and the Australian institutional investment managers QIC have won the bid for a 70% stake in Hobart International Airport (HBA). Both consortium partners will acquire... more
La Salle acquires facility in South Korea
La Salle Investment Management has completed the acquisition and leasing of Logiport West Anseong located in Anseong City, South Korea. The project’s gross floor area is 46,800 sqm and the construction was finished in December 2018. Steve Hyung Kim, La Salle Investment... more
Non-tariff measures affect trade in APAC
Unctad's Asia-Pacific Trade and Investment Report 2019 was recently published in Geneva (Switzerland). The report finds that, while applied tariffs in the Asia-Pacific region have halved over the past two decades, the number of non-tariff measures (NTMs) rose significantly, now... more
Introducing more Asia - Europe routes
Effective immediately and in addition to its existing routes from major Asia Pacific markets, Fedex is expanding the destinations of its international economy service to cover Bulgaria, Malta and Cyprus and its international economy freight service to Romania and Estonia,... more
Temperature-controlled ULD specialist expands in Asia
Vaqtec, a pioneer in highly efficient products and solutions in thermal insulation, is strengthening its position on the Chinese market. The German company offers Chinese clients a comprehensive portfolio of safe, cost-efficient and green temperature controlled packaging... more