More capacity for freight transport in Kazakhstan
The Kazakh railway company KTZ is investing heavily in the expansion of its railway infrastructure in preparation for an increase in freight volumes. A major expansion programme has already been approved, whereby existing tracks are to be extended and additional ones built by... more
Baltic Air Freight Index rises again
In the midst of anxieties about inflation and interest rates, geopolitical stresses and a fluctuating oil price, global air freight rates maintained a firm tone during the month: The overall Baltic Air Freight Index (BAI00) was up another +2.9% over the four weeks to 30 October.... more
ONE grows port holdings
Ocean Network Express (ONE), the world’s sixth largest container carrier, has acquired a majority stake in two US West Coast terminal operators, Trapac in Oakland and Yusen Terminals in Los Angeles, and a significant stake in Rotterdam World Gateway (RWG). These strategic... more
Teleport and Vietjetair Cargo ink MOU
Teleport, an air logistics provider based in Southeast Asia, has announced a new partnership with Vietjetair Cargo. The companies signed a memorandum of understanding (MOU) at the Air Cargo Southeast Asia 2023 event in Singapore. This partnership enables Teleport to combine its... more
Railway brings Chinese e-cars to Russia
The electric vehicles travelled by direct train in universal 40-foot containers from Shengdu in south-west China to Selyatino, southwest of Moscow. Responsible for the transport along the entire journey, RZD Logistics first transferred the vehicles from the warehouse to the... more
J&T registered at Hong Kong exchange
Dylan Tey, CFO, J&T Express: "Hong Kong is a major international financial centre and home to Asia's most dynamic capital market. We will continue to work closely with our partners to lead the transformation of the global logistics industry." J&T Global... more
Heavy-haul e-loco soon to start mining service
Wabatec and iron miner Roy Hill have celebrated the debut of the FLX drive battery locomotive in Australia. FLX drive is the world’s first 100% battery-powered, heavy-haul locomotive for mainline service. Once Wabtec completes the final battery installations and track... more
Menzies strengthens female leadership in MEAA
Global airport services provider Menzies Aviation has strengthened its leadership with the appointment of two senior members of its Middle East, Africa and Asia (MEAA) team. Lina El Mallah has been promoted to the position of senior vice president (SVP) organisation change... more
Introducing Columbia Shipmanagement Vietnam
The Columbia Group has expanded its global network of manning agencies by establishing Columbia Shipmanagement Vietnam (CSM Vietnam), a dedicated manning agency. This move aligns with Columbia's goal to access the emerging Vietnam seafarers' market directly. While Columbia... more
Alphabet expanding in three countries
In Mexico, the mobility specialist has formed a partnership with leasing company TIP, thus entering its 36th market. The expansion allows customers with branches and fleets to benefit from services and business relationships across national borders in the countries of North... more