New Zealand's carrier relies on Swiss quality 
Kiwi Rail and Stadler have signed a frame contract for the development and construction of 57 diesel locomotives for mainline service. Under the contract, the Swiss manufacturer will supply a latest state of the art Co-Co monocoque narrow gauge locomotive. The 57 locomotives... more
Eukor delivers LRV in Manila
The Port of Manila recently took delivery of eight light rail vehicles (LRV). Citadel Shipping, the local ship agent of the ro-ro shipping company Eukor, organised the transport with the vessel "MV Morning Margareta". It is the seventh LRV delivery for the Philippines’... more
Auckland Airport picks Carrie Hurihanganui
The Auckland Airport board has appointed Carrie Hurihanganui as the company’s new chief executive. She is the airport's first female chief executive in its 55-year history. She joins the airport from Air New Zealand, where she has worked for 21 years, most recently in the role... more
OOCL: another record result
OOCL has published its unaudited results for Q3/2021: While volumes contracted, revenue in general and per box grew significantly. In detail, for the third quarter ended on 30 September 2021, revenues amounted to USD 4.3 billion, a growth of 125.3% compared to the same period... more
German delight for Chinese consumers
Since summer 2021, the German confectionery brand Reber - known for its "Mozartkugel" - has been gaining a foothold in the Chinese market. The ambitious market entry is being planned and carried out with the Vienna-based Austro-Chinese e-commerce agency Zeevan. The... more
Oren Poleg to head IAI North America
Israel Aerospace Industries' (IAI) president & CEO Boaz Levy has announced the appointment of Oren Poleg as president and CEO of IAI North America (IAI NA), an IAI subsidiary, effective 14 October 2021. Poleg brings extensive experience in business defence operations,... more
More funds for Moldovan railways
The European bank for reconstruction and development (EBRD) is providing Moldova’s national railway operator Calea Ferata din Moldova with an additional EUR 23.5 million loan to upgrade key infrastructure. The new loan follows a EUR 110 million financial package. To date, twelve... more
TIR slashes 80% off transit time
With the arrival of two trucks in Istanbul on Friday, 8 October, TIR transports were launched along the new Islamabad-Tehran-Istanbul (ITI) trade corridor. The trucks, operated by Pakistan-based NLC and carrying textiles and tyres for export, have demonstrated transit time... more
CEP at CDG
CEP companies are increasing their footprint at Paris CDG, where DHL has made its largest investment (EUR 170 million) in Europe in recent years and its biggest ever in France since its arrival in 1976. Its new international hub covers 32,000 sqm - ten times larger than the... more
Five weekly flights to West Africa
IAG Cargo is introducing a new direct route to Dakar, Senegal from Madrid, running five times a week with Iberia A330 and A350, as the company responds to increasing demand for the transportation of goods to West Africa. Freddie Overton, regional commercial manager for... more