ICTSI secures Metrobank loan
International Container Terminal Services, Inc. (ICTSI), a major global terminal operator, has obtained a USD 750 million loan from Metropolitan Bank & Trust (Metrobank), marking the largest credit facility secured by ICTSI and the largest bilateral facility extended by... more
DSV buys its first e-truck in Singapore
The transport company has signed a MOU with Volvo Trucks about the purchase of one Volvo FL electric truck. Developed and specially adapted to an urban environment, the vehicle will be used for package deliveries in the Asian city-state. The acquisition is only a first step... more
China launches cargo service to Central Asia
The first train of the new service is currently on the track between Zhangjiakou in China’s Hebei Province and Tashkent in Uzbekistan. Managed by China Railway Beijing Group and loaded with auto parts, home appliances and textile products, the train will reach Tashkent in... more
Road haulage partners in Europe
Two Arab cargo airlines expanding their RFS networks. July saw two full-freighter airlines operating from the Arabian Peninsula announce that they had assigned their pan-European road feeder services to a single experienced partner each. While Etihad Cargo from Abu Dhabi (UAE)... more
Gebrüder Weiss takes solar car to Australia
The international logistics company Gebrüder Weiss will transport an innovative solar car to Australia for the ‘aCentauri’ solar racing team of the Swiss Federal Institute of Technology (ETH) in Zurich. The World Solar Challenge will begin there at the end of October. 31 teams... more
What about this year's golden week?
With the golden week, China’s national holiday, just five weeks away, carriers are grappling with blank sailings amid a drop in demand. Unlike previous years, carriers have not announced significant capacity reductions for the Transpacific route during this period. Scheduled... more
‘Cargo Eye’ to maximise flight cargo capacity
Global air and travel services provider Dnata has partnered with Speedcargo, a specialist for logistics technology solutions, to deliver cargo services to Etihad Cargo at Singapore Changi Airport (SIN). Speedcargo’s AI-based 'Cargo Eye' and 'Assemble' solutions installed at... more
Thai mangoes: better by sea
Daikin Reefer collaborated with Thai mango shipper Swift and CMA CGM to conduct static and live trial shipments using Daikin's Active CA technology, converting shipments of Nam Doc Mai and Mahachanok mangoes from air to sea transportation. The trials successfully preserved... more
Boxes keep coming at Oakland
The Port of Oakland witnessed a significant increase in loaded container throughput in July 2023, reaching the highest level since October 2022. Full twenty-foot container equivalents grew by 16.8% compared to July 2022, with imports rising by 12.5% and exports by 23.1%.... more
Keep on rolling for rail and road
The Kezad Group is diversifying its portfolio. Khalifa Economic Zones Abu Dhabi (the Kezad Group) has operated the deepwater gateway Khalifa Port, located between Abu Dhabi and Dubai (UAE), since 2012. In July the subsidiary of the AD Ports Group, which specialises in integrated... more