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
Two new Asian maindeck destinations for Ethiopian Cargo
The African cargo operator Ethiopian Cargo & Logistics Services has started a once weekly B777F service to Bangkok and Hanoi, the capitals of Thailand and Vietnam, as of 16 August 2019. Ethiopian Group CEO Tewolde GebreMariam: "Our new cargo service to Bangkok and... more
New Eurasian train via Poland/Belarus border crossing
Jointly with Belintertrans-Germany and with the assistance of the Belorussian Railways, UTLC has introduced an additional container train route via the Kuznitsa/ Bruzgi (Poland/Belarus) border crossing. The first container train departed from the Lodz, Poland, on this route and... more
LSCI confirms trend towards Asia
The most recent LSCI – Liner Shipping Connectivity Index, showing a list of this year’s best-connected container ports, was published by the United Nations Conference on Trade and Development (Unctad) in July. The index covers 900 ports in 178 countries and shows maritime... more
New Sydney airport attracts forwarders' interest
Ten of Australia’s major freight companies have signed memoranda of understanding with Western Sydney Airport (SWZ), which is on track to open in 2026. The MoUs will see the airport work with the air freight industry to design concepts for an on-airport freight precinct... more
ANA Cargo launches direct B777F NRT-PVG service
Starting from today, 26 August 2019, All Nippon Airways (ANA) will offer a direct cargo flight from Tokyo NRT (Japan) to Shanghai PVG (China), operated with its new B777F. ANA introduced the Triple Seven to its fleet on 2 July, aiming to react to increased cargo demand in Asia... more
New head for Shiprocket's supply chain
Shiprocket, the logistics aggregation platform for online sellers, has taken Indranil Nath on board as senior VP supply chain and operations. Prior to this, Nath held key positions in a number of industry start-ups like Club Factory, Flipkart and Ola Cabs. Saahil Goel, CEO... more
Korean cargo carriers reduce domestic services
Starting today, 23 August 2019, as part of its strategy to expand its overseas services, Korean Air Cargo is adding a third weekly flight to its Incheon (South Korea) - Anchorage (AK, USA) – Miami (FL, USA) - São Paulo (Brazil) - Santiago (Chile) - Lima (Peru) - Los Angeles (CA,... more