Kerry Logistics in wonderland
In its interim results for the first six months of 2021, Hong Kong-based Kerry Logistics reports group revenues of HKD 36.7 billion (USD 4.71 billion), a surge of 68% compared to the HKD 21.9 billion in H1/2020 (USD 2.81 billion). Operating profit also grew significantly to HKD... more
Cargo Ai’s advisory board grows
David Lara will join Cargo Ai’s advisory board, effective 1 September 2021, after having served as SVP global airfreight procurement & capacity management at Ceva Logistics for 20 years. Cargo Ai was launched by founder and CEO, Matthieu Petot in 2019 as a SaaS... more
India: major logistics player on the rise
In India, CEP giant Delhivery has acquired Bengaluru-based Spoton Logistics. It is said that the company is enlarging its footprint in order launch an initial public offering (IPO) in due course. Although financial terms were not disclosed, business estimates mention an... more
SIA Cargo adopts Envirotainer's "Releye"
Singapore Airlines (SIA) has approved Envirotainer's temperature-controlled "Releye" RLP container for use on board its freighter and passenger aircraft. These containers, which are powered by rechargeable batteries and can maintain the shipment’s integrity for over... more
Empty containers: filling the gaps
Hamburg-based shipping company Hapag-Lloyd has ordered another 75,000 teu dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd in the course of Q4/2021. Since the beginning of 2020, Hapag-Lloyd has ordered no less than 625,000 teu. The carrier... more
News from the "world's drone delivery capital"
Next month will mark the second anniversary of Wing, an Alphabet company created in 2012, in Logan, Australia. Between bushfires of 2019 and the most recent lockdowns, the 300,000 neighbours of Brisbane have received over 50,000 deliveries directly to their homes by Wing... more
Reliability at a stable low, Sea-Intelligence says
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including July 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. While schedule reliability is not getting any... more
Two to share Walker's former function
DHL Supply Chain has named Michael Lai as chief operating officer (COO) and Noel Singgih as chief information officer (CIO) for Asia Pacific. They take over from Steve Walker, who was recently appointed CEO for the division's regional cluster which includes Thailand, Vietnam,... more
ETCS refit for Thailand’s railways
SRT, Thailand's state-owned railways, is investing in ETCS' level 1 onboard automatic train protections (ATP) system. Progress Rail's subsidiary ETM will design, supply and install its system on 70 SRT locomotives. The ATP system increases efficiency, safety and reliability, ETM... more
Aurizon wins contract for grain haulage
Aurizon and the CBH Group have signed a long-term rail haulage and maintenance contract covering all rail requirements for CBH’s Western Australian grain harvests. The Australian rail freight operator will begin hauling for CBH later this month, delivering from regional rail... more