CDB Aviation strengthens partnership with Avianca 
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (“CDB Leasing”), has signed new lease agreements with Aerovías del Continente Americano Avianca (“Avianca”) for two Airbus A330-300 passenger-to-freighter (“P2F”) and one A320neo... more
New locomotive type for Hungary
The first e-hybrid shunting locomotive to be manufactured for Rail Cargo Hungaria (RCH) has arrived in Hungary. The unit was developed by CRRC Zhuzhou Locomotive and optimised for RCH’s logistics tasks in accordance with the company’s specifications. Now, the vehicle will be... more
Stable deterioration of reliability
The Copenhagen-based maritime consultancy Sea-Intelligence reports that global schedule reliability is continuing its trend of 2021. In April 2022, schedule reliability declined further by -1.3 percentage points compared to March and was down by -4.7 percentage points compared... more
Swiss cross joins birds
Swiss Worldcargo is entering the joint business agreement signed in 2016 which sees its "sisters" Lufthansa Cargo and Cathay Pacific cooperating closely on international lanes via their hubs, while the handling of cargo in Hong Kong is coordinated under one roof at the... more
Direct Vietnam - Moscow service introduced
Trans Container has launched regular service to ship consumer goods from Vietnam to Russia via the Zabaikalsk border-crossing point. The overland journey covering more than 10,000 km from Hanoi to the Moscow region takes about 35 days. This is Trans Container's first direct... more
Karachi: new gateway for Uzbekistan
It is a first for the Pakistan International Container Terminal (Pict), an affiliate of the International Container Terminal Services (ICTSI) operating in the Port of Karachi. It has just handled the first export shipment from Uzbekistan. The cargo was transported by land to the... more
ARA picks David Blight
ARA Asset Management (ARA) has appointed David Blight as chief investment officer of its private funds division, ARA Private Funds (APF). The appointment follows ARA’s recent acquisition by ESR (ESR Group) in a landmark transaction creating Asia Pacific’s largest real asset... more
Cargo Ai partners with Air Cargo Inc.
Cargo Ai is entering a new strategic partnership with Air Cargo, the oldest and largest network of air freight cartage agents providing first and last mile services to the air cargo industry in North America since 1941. The partnership will provide freight forwarders and their... more
Which cure for the maritime crisis?
Four government advisors and decision makers representing four global regions were present on Fiata's panel entitled “Moving Forward: What are the Solutions to the Maritime Crisis”, a side event of the Fiata HQ Meeting in Geneva on 20 May 2022. Together, they examined how... more
Ten locomotives to add haulage capacity
More than AUD 50 million (EUR 33.4 million) for new locos to support growth in high-demand commodities: Aurizon has received the first batch of four locomotives from manufacturer UGL. The remaining six units will be commissioned in coming months to transport copper, lead, zinc,... more