ESR: a logistics park near Jakarta
ESR Group has started building the ESR Karawang Logistics Park 1, the first Grade A facility in this part of West Java, which contains many industrial firms, particularly automotive manufacturers. ESR Karawang Logisitscs Park 1 will offer tenants a combined gross floor area... more
Temperature-controlled wine from Chile to Japan
Yusen Logistics is launching a less-than-container load (LCL) ocean freight service for wine from Chile to Japan in October. The cargo will be consolidated in the San Antonio Port warehouse in Chile and shipped in temperature-controlled containers directly to the port of... more
Ceva opens new route from China
The new international road transport (TIR) routes run along the China-Kyrgyzstan-Uzbekistan and China-Pakistan corridors. The first six trucks recently departed from Kashgar, China, crossed the border into Kyrgyzstan and arrived in Samarkand, Uzbekistan after a 1,100... more
Less throughput in Hong Kong
In Q2/2023, the Port of Hong Kong saw a decline in throughput compared to Q2/2022. The handling of containers dropped to 3.69 million teu, marking a nearly 22% yoy decrease, as reported by the regional census and statistics department. Overall cargo throughput also fell,... more
Block trains from Shenyang to Moscow
Transcontainer has launched import cargo services from China to Russia via the Suifenhe - Grodekovo border-crossing point. The line connects Shenyang, China and Selyatino in the Moscow Region. The first train was loaded with 124 teu of passenger cars. Transit time is about 20... more
Spot rate at its lowest in more than three years
According to the latest weekly market analysis from Clive Data Services, part of Xeneta, the global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic. Of ten major trade lanes, only China-USA and Southeast Asia-USA... more
The supply chain and Mother Nature
More natural catastrophes take a higher toll. In the past it used to be mainly reinsurance companies that were concerned. Today, however, all of the players in the supply chain have to pay more attention to the effects of natural disasters. Low water levels are currently an... more
U-Freight celebrates 55th anniversary
Hong Kong-based U-Freight Group has celebrated its 55th birthday in its first annual global conference since the Covid-19 pandemic. Almost 200 delegates gathered in Hong Kong for the event. Chief executive officer Simon Wong: “Since 1968, U-Freight has developed a network of... more
Fesco's H1/2023 performance
Russia's Fesco Transportation Group recorded significant growth across various sectors in H1/2023. International cargo shipping rose by 30% to 199,000 teu compared to H1/2022. Intermodal transport saw a 25% increase, reaching 306,000 t teu, while coastal shipping surged by 17%,... more
Indian naval ship rules 2023 unveiled
The Indian Register of Shipping (IRS) has launched the 'rules for construction and classification of Indian naval ships 2023.' They were officially presented during the naval commanders’ conference 2023 in New Delhi, in the presence of top military officials, including the... more