New rail service between Lithuania and Ukraine
Containerships has launched a new rail service between Klaipeda (Lithuania) and Kiev (Ukraine). The transit time between the KKT terminal in Lithuania and the company’s own Brovary terminal in the Ukraine is 50 hours. The dry port is equipped with two cranes (65 t and 12 t)... more
Air Asia invests in e-commerce venture
Teleport, the rebranded cargo and logistics platform of the Malaysian carrier AirAsia, and the venture capital firm Gobi Partners have invested USD 10.6 million (EUR 9.4 million) in the regional e-commerce and parcel delivery player EasyParcel. This company, which has almost... more
Milestone towards a more sustainable tomorrow
Greencarrier Freight Services is introducing its first all-electric vehicles in China, with the first deliveries marking an important step in its efforts to reduce the company’s logistics carbon footprint. The first all-electric trucks began deliveries in Shanghai on 1 July... more
A new joint venture in Thailand
In Thailand, SCG Logistics and PSA Thailand have concluded an agreement to invest in the development and operation of the Thai Prosperity Terminal. A rebranding of the facility as Thai Connectivity Terminal (TCT) is part of the contract which involves the setting up of a joint... more
Chang'an freight train to improve services
The China-Europe Chang'an freight train has improved its efficiency by establishing an online ordering platform and saved logistics costs by a system of merging manifests. The deployment of the Beidou monitoring system has enabled the train to ensure real-time control over the... more
Jenny Zhao to manage APAC at Silk Way West Airlines
Effective immediately, Jenny Zhao has been appointed head of the Asia-Pacific region (APAC) at Silk Way West Airlines. In her new position she will be responsible for providing strategic and tactical direction for a dynamic business development in the Asia-Pacific region. Zhao... more
Cathay Pacific feels the tension
Hong Kong's Cathay Pacific Group's cargo revenue in H1/2019 was HKD 11,498 million (EUR 1.3 billion), 11.4% less than in H1/2018. Flown cargo capacity of Cathay Pacific and Cathay Dragon increased by 1.1% (8,635 million aftk), principally due to additional belly cargo space in... more
Yang Ming's policy pays off
Reporting on Q2/2019, Yang Ming has reduced its financial losses significantly by 66.22% as compared to the same period of the previous year. The Taiwan-based carrier announced a gross profit from operations of NTD 1.16 billion (USD 36.9 million) in Q2/2019, compared to a... more
Kale Logistics Solutions wins prestigious award in India
Kale Logistics Solutions has won the “best air cargo IT solution provider” award bestowed by the Air Cargo Agents Association (ACAAI) at the ACAAI Air Cargo Awards 2019. The award ceremony took place at The Lalit Great Eastern hotel, Kolkata, India. Kale Logistics Solutions... more
Air Dispatch marks CLC milestone
Air Dispatch, a provider of centralised load control (CLC) services, has recently produced its five millionth load sheet since its foundation. The milestone document was issued from the Prague facility, ensuring safe and efficient operations of a Hong Kong-bound flight. The... more