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
After Bangkok, back to Hong Kong today
Today, 1 June 2022, IAG Cargo is restarting its cargo-only services between London Heathrow and Hong Kong. Together with the four-times weekly flights to Bangkok, which IAG Cargo restarted on 24 May, these daily flights are responding to the continued acceleration of consumer... more
ONE also expanding its fleet
Another round of ten Very Large Container Ships (VLCS) is in the pipeline. The Ocean Network Express (ONE), headquartered in Singapore, recently inked two ship building contracts at the same time. One contract was signed with Hyundai Heavy Industries, the second with Nihon... more
Genk's new logistics centre operational
It is the group’s fourth business location in Belgium. Nippon Express Holdings recently launched the Genk Logistics Centre in Genk Green Logistics Park in the Eastern part of the country. The new centre is adjacent to the terminal port for barge transport from the port of... more
Cloudy in Thailand, sunny in the Philippines
Thai Air Asia X, a low fare long haul carrier within the Air Asia Group, has suffered too much under the pandemic travel restrictions and filed for rehabilitation process while assuring that there will be no impact on its operations. On the other hand, Air Asia Philippines... more
Index shows clear decline in China
In April 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined to 122.8 points from 123.3 points (seasonally adjusted) the month before, according to the latest flash... more
Asia expansion for Mycrane
Mycrane, a Dubai-based digital disruptor for the cranes and construction sector, is to roll out the world’s first online crane rental platform in three key Asia-Pacific (APAC) markets, following the signing of a franchise agreement covering Singapore, Thailand and Indonesia.... more
Is the middle corridor sustainable?
Because of security risks, sanctions and payment problems caused by geopolitical events, many suppliers and manufacturers prefer not to send their goods from China to Europe via Kazakhstan, Russia and Belarus to the route’s main transhipment terminal in Malaszewicze (Poland).... more
On how a carrier can buy back stocks
At its 2022 annual general meeting, Evergreen International, a corporate shareholder (4.96%) in Evergreen Marine, launched a request via its representative, lawyer Chu-chun Wu. He said that "Evergreen Marine should buy back stocks in the form of "treasury stocks"... more
