From Siemens to Daimler Truck 
Eva Scherer will join Daimler Truck Holding’s supervisory board on 1 April 2024. Her current position is executive vice president and global head of investor relations at Siemens. Scherer started her professional career in 2003 as a trainee at Siemens, and then held various... more
Bolstering business in Indonesia
BBN Airlines Indonesia, a part of Avia Solutions Group, the world's largest ACMI (aircraft, crew, maintenance, and insurance) provider, has added three Boeing 737-800s and one Boeing 737-400F to strengthen its position in the Indonesian aviation sector. The four aircraft... more
Air cargo rates: a new moon rises
Ahead of the Lunar New Year on 10 February, World ACD has reported a strong increase of rates for air cargo shipments from China to North America (+14%) and to Europe (+8%), although rates are still well below their level in early December. The analysis reveals that, in... more
Germany and Mongolia sign agreement
Among other things, the agreement redefines the framework conditions for road freight transport. Until now, Mongolian companies in Germany and German companies in Mongolia had to apply for a special permit for transport to and/or through Germany and Mongolia, respectively. In... more
More than 1,200 flatcars
Transcontainer has signed contracts to purchase 1,230 new 80-foot flatcars in response to the growth of the container transport market that continued in 2023. The intermodal operator and affiliate of the Delo Group will receive the new rolling stock manufactured by Russian... more
CBP intercepts lethal chemical compound
US Customs and Border Protection (CBP) officers at the port of Cincinnati seized a shipment containing the deadly, addictive, and illegal substance tianeptine on 26 January 2024. Officers seized the 5.443 kg for violation of the federal food, drug, and cosmetic act.... more
Post-lockdown blues 
The Indian air cargo industry hasn’t recovered from Covid-19 yet. The national and international air cargo industry is meeting up in Mumbai for Air Cargo India on 14–16 February. The trade fair and conference will focus on a market that, although very lively, still hasn’t quite... more
A strategic move to Stansted
Aiming to tap into the growing demand for online shopping and cross-border trade between China and Europe, Hong Kong Air Cargo, founded in 2017, has launched a new intercontinental route to London Stansted, its first UK route. Operated by one of the airline's five... more
No buyer for HMM (yet)
The bidding process for South Korea's key global container carrier, HMM, has finally failed. From the original six bidders that emerged (Hapag-Lloyd, SM Group (SM Line), LX Holdings, Dongwon Group, Global Sae-A. and Harim) just the latter remained in the end – with a partner... more
GAC's Seoul debut
GAC Group, which provides shipping and logistics services in the Asia-Pacific region, recently opened an office in Seoul, South Korea. The company thus continues its efforts to engage with the expanding South Korean market, which now accounts for more than 10% of the global... more