Closing a port can cost a fortune
A study has analysed the costs of closing the port of Auckland. If Auckland’s port was out of action, the cost of imports would rise by between NZD 533 million and NZD 626 million a year. The study, carried out by independent economic consultancy NZIER, looks at what would... more
Going east to expand
DB Schenker is setting up eight new country organisations in the Caucasus and Central Asia region. The countries have been primarily served by partners so far; the services will now be operated by DB Schenker directly. The forwarder takes the first step in Kazakhstan, where... more
Hong Kong's airport authority picks executive director
The airport authority Hong Kong (AA) has appointed Vivian Cheung executive director, airport operations. She succeeds Ng Chi-kee, who will retire. Reporting to the AA’s CEO, Fred Lam, Cheung will be a key member of the senior management team. She will lead the airport... more
Four more airports to tackle wildlife trafficking
Executives from the airports of Hong Kong, Munich (Germany), Sydney (Australia) and Toronto (Canada) have signed the United for Wildlife Transport Taskforce Buckingham Palace Declaration. They join more than 100 transport companies since 2016 in their fight against illegal... more
Service over the Trans-Siberian land bridge launched
RZD Logistics successfully has transported the first transit container from Europe to Japan through the territory of Russia over the Trans-Siberian land bridge. The 40-ft test container, consisting of various groupage cargoes, departed from Hamburg (Germany) to the port of... more
Unifeeder buys Singapore-based operator
Unifeeder, a subsidiary of DP World since 2018, has acquired a 77% stake in the Feedertech Group, a Singapore-based feeder and shortsea operator. The group’s chairman, Ali Maghami, will retain the remaining 23% shareholding. Financials details of the deal, which is supposed to... more
Belarus to upgrade its key transport corridors
Belarus will receive a major boost with a EUR 259 million loan programme provided by the European Bank for Reconstruction and Development (EBRD) for the expansion of its road network. The package includes the upgrade of 12 bridges as well as the modernisation of the M3... more
Russia: Delo Group buys majority share in TransContainer
Russian Railways (RZD) sold 50% + 2 shares in TransContainer in an auction held on 27 November to the Sergey Shishkarev-led Delo Group. The start price was RUB 36.2 billion (USD 566.3 million). The RF government approved a directive to sell the RZD-controlled share in... more
Japanese and Germans look back on five years of JV
In December 2014, Lufthansa Cargo and ANA Cargo launched their close bilateral air cargo joint venture. The fifth anniversary of the partnership gives both airlines the opportunity to look back on their cooperation. ANA Cargo CEO Toshiaki Toyama: "We are commemorating... more
Fleet modernisation with 150 sulphuric acid tank cars
The Russian manufacturer United Wagon Company (UWC) will supply 150 sulphuric acid tank cars mounted on bogies with an axle load of 25 t to the transportation and logistics operator Polar Freight Company. The batch is to be delivered by the end of the current year. The deal is... more