RZD: China – Madrid route needs an additional freight base
Russian Railways’ CEO Oleg Belozorov has discussed the further cooperation in the railway sector with Spain’s minister José Luis Ábalos. One of the priorities is to increase transit traffic between Spain and China, which is of particular importance for the growing container... more
JAL's first full freighter flights for nine years
In accordance with an agreement between Japan Airlines and Kalitta Air, the US carrier has been operating three codeshare B747-400F flights per week between Tokyo-NRT and Chicago-ORD since 1 August 2019. In recent years, since it ceased offering its own maindeck capacity,... more
H1/2019 marks a turnaround for OOIL
The Hong Kong-based Orient Overseas (International) Line (OOIL), an affiliate of Cosco Shipping, witnessed a turnaround in its business activities in H1/2019. "Despite an economic environment filled with uncertainties and with seemingly slowing growth in terms of demand for... more
New heads in London and Hong Kong
In a circular to members of the American P&I Club, its managers, the Shipowners Claims Bureau, have announced that Arsinoi Iliokaftou has been appointed claims executive in London, to add further strength to its existing capabilities in the claims liaison sphere, whilst in... more
Atlas Air opens up freighter future
Atlas Air has prevailed in an arbitration case against the union that represents its pilots. The 26 August 2019 arbitration decision affirms that the merger provisions of the collective bargaining agreement apply in connection with the acquisition of Southern Air in 2016. It... more
Port in Mayotte in the Indian Ocean turns smart
The Longoni port community in Mayotte, part of an archipelago in the Indian Ocean to the Northwest of Madagascar and the 101st department of France, is enhancing its port community software. Through its company ICM+, Mayotte has consolidated its commitment to the smart port... more
Locomotives unit will be sold to Chinese manufacturer
Vossloh, a provider of railway infrastructure based in Germany, has signed a contract for the sale of its locomotives business unit to the Chinese manufacturer CRRC Zhuzhou Locomotive. The agreed purchasing price is said to amount to a low single-digit million figure. The... more
Record revenue for Lindsay Australia
Lindsay Australia delivered a record result for the 12 months ending 12 June 2019. The company reported a revenue of AUD 386.07 million (EUR 235.7 million) and a net profit after tax of AUD 8.87 million (EUR 5.4 million), an increase of 10.2% over the prior year, as part of its... more
Chinese Jinan plans more train routes to Europe
A new China-Europe freight train service has been launched between Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary in Europe in the framework of the Chinese Belt and Road Initiative. This is the fifth freight train service Jinan has opened to... more
Urban Fox expands footprint in Southeast Asia
Urban Fox, an omnichannel logistics and commerce solutions provider, is expanding into Southeast Asia. Tapping into the established logistics network of its parent company Keppel Logistics, Urban Fox will soon be able to support brands in meeting the demands of both... more