05.03.2021

An index for LNG units

An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new...
05.03.2021

Overland transport – quicker and cheaper

Concor, a specialist for containerised rail transport in India, and Russian Railways Logistics (RZDL) have signed an MoU to cooperate in promoting intermodal transport in the international north–south overland transport corridor....
05.03.2021

Further expansion in China

Just like other players, Seko Logistics also wants to expand its footprint in China, with its new investment partner, Ridgemont Equity Partners, backing the plans. Thus Seko opened an office in Qingdao in February, which will be...
05.03.2021

“Re-setting” Europe–Australia air cargo routes

Consol Alliance, an Australian wholesaler founded in 2011, and the recently-formed airfreight consolidator Wholesale-by-Vels, have entered into a strategic partnership to develop trade air cargo business on the Europe-Australia...
05.03.2021

CFO for CIS

The USA's Cass Information Systems (CIS), a provider of information and payment management solutions, has named Michael J. Normile (photo) as executive vice-president and chief financial officer. He succeeded P. Stephen...
05.03.2021

Vaccines from Belgium distributed in South Korea

Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain...
05.03.2021

Kirchgeorg takes the reins

Siemens Digital Logistics has hired Volker Kirchgeorg as CEO, starting in March. Kirchgeorg, an experienced technology sector manager, has joined the IT provider for global supply chain management as a specialist in the digital...
05.03.2021

TIR cuts time from Oman by 85%

Two TIR trucks carrying food set off from Oman recently, passed through the United Arab Emirates and arrived at their destination in Saudi Arabia less than 24 hours later. This transit time represented a time reduction of 85%...
05.03.2021

Sweden turning from land to sea

The Swedish government wants to drive the ecological transformation in the country further. Shipping companies are eligible to apply for an environmental compensation bonus to transition from overland to maritime transport. It...
05.03.2021

Five o’clock at Walker’s

The Real Tea Company is outsourcing its logistics. The English firm, which has specialised in purchasing and distributing tea since 2004, has outsourced responsibility for the management of its B2B and new B2C supply chains to...
05.03.2021

Hong Kong airport as double hub

Last weekend Hong Kong airport cooperated with government departments and business partners to handle the first batch of Comirnaty Covid-19 vaccines flown from Frankfurt to Hong Kong. The hub also transhipped a batch to Macao...
05.03.2021

New president for Penske subsidiary

Phil Peck, the chief operating officer of Epes Transport since 2019, has been promoted to president. He succeeds Richard Kuehn, who is retiring, having helped to lead Epes for 23 years. Epes Transport is a business unit of the...
05.03.2021

Foodstuffs logistician modernising fleet

The vehicle rental enterprise Fraikin is receiving 30 units (D18/D14 Wides) and six tractors (T480s) from Renault Trucks in Q1 of this year.Fraikin, which is headquartered in Echandens in western Switzerland, will operate the...
05.03.2021

Loxxess ready for more hazmat logistics

The logistics and fulfilment service provider Loxxess is expanding its capacities in the field of hazardous materials logistics. The firm, based in Tegernsee in Bavaria (Germany), has thus responded to the reorganisation of...
05.03.2021

Hamburg Süd sells entity

Hamburg Süd is continuing to focus its business on its container transport and logistics activities, in line with the Maersk’s policy. Thus the London-based ATPI Group, which offers corporate travel management services, has now...
05.03.2021

"Curiosity of the Day"

The largest living organism in the world is a fungus; it lives in Oregon (USA), covers 890 hectares and is still growing.
04.03.2021

Direct connection to Eurasian trains

In response to increasing demand, the ÖBB Rail Cargo Group (RCG) has increased the frequency of its intermodal TransFER service Trieste–Vienna–Linz–Trieste to two round trips per week. These three-way round trips for FCL...
04.03.2021

K+N takes advantage in 2020

As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of...
04.03.2021

Seasonal upgrade for PAD

CMA CGM and Marfret will enhance their joint Europe-Australasia Panama Direct (PAD) as from the end of March. The frequency will be increased from fortnightly to weekly, with CMA CGM providing eleven vessels and Marfret one unit....
04.03.2021

La Poste and Geo Post's golden year

For 2020, La Poste reported revenues of EUR 31.2 billion, a rise of 20.0%, boosted by the e-commerce boom during the pandemic. Operating profit jumped by more than 250% to EUR 3.1 billion from EUR 889 in 2019, the operating...
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