Holiday season ends, air cargo rebounds
World ACD’s data reveal that global tonnages increased in the third full week of August (21 to 27 August), following a similar pattern as one year ago, mainly driven by Europe rebounding from the holiday season, while rates remained stable. Comparing weeks 33 and 34 (14 to... more
Maskargo flies panda cubs home to China
Maskargo, the air cargo arm of Malaysia Aviation Group, successfully flew panda cubs Yi Yi and Sheng Yi back to their new home at the Chengdu Research Base of Giant Panda Breeding in China via flight MH6476 which departed KL International Airport at 22:45 h on 29 August 2023.... more
Global container turnover declines
The RWI/ISL Container Turnover Index, a collaborative effort by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), showed a slight drop in July, reaching a seasonally adjusted 121.9 points compared to the revised 123.3... more
KPI Ocean Connect reshuffles management team
KPI Ocean Connect, a global marine energy provider, has restructured its management. The leadership of its trading business will be divided into regions covering Apac, Emea, and Americas. New regional leads have been promoted from KPI Ocean Connect’s existing management team.... more
ANA expands "Prio Temp" container range
ANA will add Csafe, Va-Q-Tec and SkyCell containers to the container lineup of ‘Prio Temp’, a dedicated product for transportation service using temperature control containers except for pharmaceuticals. ANA has only offered ANA's containers, Envirotainer and Dokasch for... more
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