A new hub in Vietnam
French contract logistics provider FM Logistic has opened a multi-client facility in Binh Duong, Vietnam. Built by NG Concept, the warehouse is located 43 km from Ho Chi Minh City centre and provides warehousing, handling, co-packing, distribution, and e-commerce services. It is... more
China's Golden Week impact weaker than last year
Air freight fgures for week 40 (2-8 October 2023) show a 5% drop in tonnages, compared with week 39, while rates decreased by 3%, based on the +400,000 weekly transactions covered by World ACD’s data. But the week-on-week (WoW) drop was less pronounced than during last year's... more
Sparx Logistics expands to Thailand
Warunee Katasai, Sparx’s operations manager in Thailand: “The Thai economy's consistent growth is opening up fresh possibilities for businesses. Sparx can assist them in their journeys to achieve their supply chain objectives.” Thailand is a growing market in Southeast... more
A joint expansion to Africa/Indian Ocean
Van den Bosch has joined forces with Celero Group to expand its network in East Africa and the Indian Ocean. Celero Group was founded in 2009. Its presence in the African and East Indian transport sector includes employees and offices in Madagascar, Reunion Island, as well as... more
OOCL confirms trends on liftings and revenues
In container shipping, the gap between volumes and revenues keeps widening. Q3/2023 results of the carrier OOCL, an affiliate of Cosco Shipping, confirmed this trend. Over the third quarter ending on 30 September 2023, the carrier's total revenues decreased by 65.1% to USD... more
ICS on how to measure emissions
The International Chamber of Shipping (ICS), the global association of shipowners that represents more than 80% of the world's merchant fleet, presented the data collection system of the Carbon Intensity Indicator (CII) of the International Maritime Organisation (IMO) in London... more
AAL: a major delivery to Texas LNG facility
AAL Shipping has successfully transported 12,800 freight tonnes (frt) of heavy lift project cargo from South Korean ports to Beaumont, Texas, using its Asia to Americas trade lane and the vessel ‘AAL Brisbane’. The cargo, part of a significant LNG project in Texas,... more
Two JVs to promote rail-road traffic in Uzbekistan
Rhenus Group and Uzbekistan Railway have signed a memorandum of cooperation to develop existing transshipment facilities in Uzbekistan. Specifically, they aim to jointly operate and expand combined road-rail terminals in Andijan and Samarkand. Under the agreement, two joint... more
Bulk logistician banking on special tanks
Germany-headquartered Hoyer is planning renew its fleet of tank containers with 3,000 tanks by the end of 2023. With this update, the company is responding to a rise in demand for specialist equipment for European road and intermodal services as well as overseas logistics in... more