More plans for rail logistics on the Silk Road
The United Transport and Logistics Company - Eurasian Rail Alliance (UTLC ERA) and the Slovak railfreight company ZSSK Cargo have decide to increase their cooperation with regard to goods and container transport services between Europe and China. They have signed a memorandum of... more
75% of Eurasian goods shipped through Kazakhstan
The competitiveness of rail services on the 1,520 mm railway gauge improved due to the reduction in transportation costs and a shortening of delivery times throughout the year 2018, according to the “Eurasian Rail Alliance Index” (ERAI), which was developed by the transport... more
World's cargo hubs see volume growth weaken in 2018
According to the preliminary world airport traffic rankings published by Airports Council International last week, the air cargo market did not fare as well as passenger traffic (+6%) with a year-end growth figure of 3.2%. This is a much lower growth rate than in 2017 (7.7%),... more
Hill Dickinson’s strengthens its maritime services
The international maritime law practice Hill Dickinson has announced the following appointments: Joining Hill Dickinson are master mariner Kevin Austin, Korean market specialist Beth Bradley, and transactional lawyer Sung Hwan Choi. Austin, currently a legal director with... more
Rising cargo yields in the Far and Middle East
Cathay Pacific’s cargo business of benefited from robust demand in 2018. Group revenue grew by 18.5% to USD 3,607 million. Capacity of Cathay Pacific and Cathay Dragon increased by 2.6%. The load factor inched up by 1 percentage point to 68.8%. Tonnage carried was up 4.7%. Yield... more
China to open four more border points for TIR
China Customs will open more border-crossing points for TIR, kick-starting trade flows and reinforcing overland trade to and from China. The four crossing points with Kazakhstan designated to start TIR operations from 25 March 2019 are Maikapchagai – Jimunai, Dostyk –... more
Dallas air cargo stakeholders on the move
Several key logistics service providers within the community at Dallas Fort Worth (DFW) airport in Texas (USA), have been awarded the Center of Excellence for Independent Validators (CEIV) certification from Iata. Dnata Cargo USA, SCL Cold Chain, Big Logistics and Expeditors... more
GAC wins Caspian Sea contracts with Petronas
GAC’s marine branch in Turkmenistan has been awarded two contracts by Petronas Carigali, a subsidiary of Petronas, to provide marine services for its development of the Garagol Deniz west field. GAC Marine will supply three anchor-handling vessels manned by experienced crew... more
Monday's the day for new Chicago - Sydney service
DB Schenker has launched its "direct express – Australia" service using the 102 t cargo capacity of a B777-300F which a non-specified airline partner schedules every Monday from Chicago IL (USA) to Sydney. "No other freight forwarder provides a faster... more
Lufthansa Cargo reports positive trends in 2018
In 2018 revenue in the logistics segment of the Lufthansa group rose by 7% to EUR 2.713 million, particularly due to a strong rise in yields. Total revenue increased by 7% to EUR 2.770 million. Capacity at Lufthansa Cargo (13.555 million ftk) increased by 5% in 2018. Belly... more