New Eurasian rail service launched
Maersk has dispatched the first eastbound train from St. Petersburg port, carrying goods from Europe to Asia. The overall transit time of the new intercontinental service from ports in North Europe to ports in Korea and Japan will be between 23 and 32 days, which halves the... more
ESR adds new logistics facility to Greater Tokyo portfolio
ESR, a large APAC focused logistics real estate platform, will develop another modern logistics facility, ESR Ukishima distribution centre, on a 32,227 sqm logistics development site the company has acquired in the Greater Tokyo bay area. The total expected investment is... more
Emirates Skycargo calibrates cargo ops
Emirates Skycargo has announced a new flight schedule for its global operations which also includes cargo flights operated on Emirates' B777. These flights will offer around 40 t of lower deck cargo capacity per flight and will supplement the cargo capacity being offered on... more
First delivery of oil in flexitanks completed
Fesco Transportation Group and logistics operator Rail Cargo Logistics – RUS recently organised the first transportation of canola oil in containers equipped with flexitanks from the Krasnoyarsk Territory in Russia to the port of Nantong in the Jiangsu province in China. The... more
One Swiss belly to Beijing, two series to New York
Swiss World Cargo will re-introduce additional capacity into its network. Ashwin Bhat, head of cargo, Swiss International Air Lines: "In addition to our three-times weekly service to EWR, we will offer a cargo-only belly capacity to JFK two times per week. To Asia we will... more
K Line to adjust previous forecasts
The Japanese liner K Line is planning to record the extraordinary loss on valuation of investment securities in the consolidated financial results for the fiscal year ending 31 March 2020. These are investment securities classified as “available-for-sale securities”, where... more
Kerry Logistics grows despite difficult environment
Kerry Logistics has announced the group’s annual results for 2019. Revenue increased by 8% to HKD 41.139 billion (EUR 4.811 billion); 2018: HKD 38,139 million (EUR 4,467 billion). Core operating profit increased by 17% to HKD 2.765 billion (EUR 323.38 million); 2018: HKD 2.364... more
Ports and forwarders overstretched
Although freight traffic is less affected by the impact of Covid-19 than passenger traffic, major problems do arise. In many ports, warehouses are reaching the end of their capacity, because goods destined for Europe remain in Asia for the time being. This poses a great... more
No April Fool: Greek carrier temporarily adjusts PAX cabin
Star Alliance member Aegean and Hellenic Petroleum support the current effort to combat the Covid-19 crisis, by operating cargo flights for the transport of medical and pharmaceutical supplies. By further expanding their cooperation recently launched in Greece, the two... more
Special function for Hill Dickinson's legal director
Edward Liu, legal director with Hill Dickinson Hong Kong, has been appointed member of the region’s advisory committee on promotion of arbitration. The appointment was made by Teresa Cheng, secretary for justice at the department of justice of Hong Kong Special Administrative... more