12.02.2019

“Curiosity of the Day”

The lowest-ever temperature in Singapore was 19.4°C. It was measured on 31 January 1934.
11.02.2019

Uncalm before the storm

The logistics industry in the United Kingdom is gearing up its loins for what it now considers the inevitable – a hard Brexit. The business mood is fluctuating between a stiff upper lip and the fear of a total traffic logjam in...
11.02.2019

International e-platform for box handling is growing

The Israeli shipping line Zim has teamed up with Avantida to offer street turn services in the USA. Avantida's platform facilitates empty container triangulation, or the reuse of an import container for an export booking (street...
11.02.2019

Sea Cube Container Leasing nets new contract

The US Transportation Command, Directorate of Acquisition, Scott Air Force Base in Illinois has awarded a contract to New Jersey-headquartered Sea Cube Container Leasing International. The pact covers the leasing and...
11.02.2019

Descartes makes NCA Acas-compliant

Descartes Systems Group, a logistics IT provider, has announced that Nippon Cargo Airlines (NCA), operator of airfreight services to 15 cities in Asia, the USA and Europe, is using the Descartes air cargo advance screening...
11.02.2019

Best corporate bond one year on

Philippines-headquartered International Container Terminal Services (ICTSI) has won The Asset’s Triple A Country Awards 2018 Best Corporate Bond – Philippines for the company’s USD 400 million fixed-for-life perpetual securities...
11.02.2019

Ever more smart freight trains

The Austrian transport provider, Rail Cargo Group (RCG), in cooperation with A1 and A1 Digital, recently launched the "Smart Cargo" project. By the end of 2020, RCG’s freight wagons will be equipped with motion sensors...
11.02.2019

Van Moer acquires Antwerp East terminal

The Belgian company Van Moer Logistics has taken over the majority share of the Antwerp East NV terminal, which is located in a strategically favourable position directly on the Albert canal and in the centre of the fast growing...
11.02.2019

Fedex fuels new cargo area at Bahrain airport

Bahrain Airport Company (BAC) and Fedex Express have signed a letter of intent concerning warehouse space at Bahrain International Airport’s (BIA) new cargo area on the northern runway. The expansion of BIA’s cargo facilities...
11.02.2019

Modest progress at HHLA in 2018

The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot...
11.02.2019

Imperial logistics puts emphasis on automotive

South Africa-based Imperial Logistics has appointed Holger Wilhelm to the newly-created post of executive vice-president - automotive. Based in Zurich (Switzerland), he reports to the newly appointed Imperial Logistics...
11.02.2019

US short line railroad operates coal hub in Virginia

Kanawha River Railroad (KNWA), part of Watco Companies, has taken over coal car loading on the former Winifrede Railroad, now known as the Big Eagle Railroad, located in West Virginia (USA). The 12 km long Winifrede Railroad,...
11.02.2019

Iata certification for Rhenus Amsterdam

Rhenus Air & Ocean has obtained the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification from Iata for its Amsterdam Schiphol branch in the Netherlands. In 2018, Rhenus...
11.02.2019

“Curiosity of the Day”

You can take out alien abduction insurance in the USA. It costs about USD 160 per year.
11.02.2019

Sudden reshuffle at Bombardier Transportation

Danny Di Perna has been appointed president of Bombardier Transportation with immediate effect. He replaces Laurent Troger, who stepped down from the position he held for 15 years at his own request. Di Perna joined the...
11.02.2019

200 platforms for hauling more containers by rail

Russia-based United Transport and Logistics Company – Eurasian Railway Alliance (UTLC ERA) has signed an agreement with Belarusian manufacturer OPME for 200 x 80 foot container railcars. The units are due for delivery before the...
11.02.2019

Swiss enterprise snaps up major stake in Sinwa

Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and...
11.02.2019

Dnata raises stake in two freight forwarders

Air services provider Dnata has bolstered its position in the UAE and the international freight forwarding industry by increasing its share in two of its Dubai-based JV companies. Dnata has purchased a 50% stake in Dubai...
11.02.2019

Aero Africa opens airfreight market to forwarders

Recently launched Aero Africa is a neutral air cargo and aviation solution provider dedicated to the freight forwarding community. It provides wholesale African logistic solutions and value added services to the global industry...
08.02.2019

Hong Kong – Chancay via Davos

Cosco Shipping Ports, an operator of maritime gateways, is set to acquire 60% of Terminales Portuarios Chancay from the latter’s owner, Volcan Compañía Minera.
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