Evergreen jacks up its profit 
Evergreen Marine Corp. has published its results for Q2/2019. The Taipeh (Taiwan)-headquartered carrier announced a jump in gross profit of almost NTD 3.7 billion (USD 118 million). In the same period of 2018, the gross result was just about in the black at NTD 109 million (USD... more
LLamasoft lands JD Logistics supply chain deal
The US-based software company LLamasoft has announced a strategic partnership with JD Logistics, part of the Chinese e-commerce giant JD.com. The company will exclusively deliver and integrate LLamasoft’s solutions as part of its service and technology offerings to select... more
Hyderabad attracts Spicejet's freighter
GMR Hyderabad International Airport (HYD) in India has added yet another domestic freighter to its existing range of freighter offerings, the latest entrant being SpiceJet freighter that landed at the airport on 1 August 2019. The cargo arm of SpiceJet has commenced its... more
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