Is the trade tide turning? 
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... mehr
B747-8F engines to be serviced for six more years
Nippon Cargo Airlines (NCA), which operates eight Boeing B747-8Fs, has extended an engine services agreement with GE Aerospace by six years. The ‘rate per flight hour’ deal covers the four GEnx-2B engines on each of NCA’s cargo Jumbos. Toshiaki Kobori, NCA’s managing director... mehr
Ammonia-powered vessel on the horizon
K Line has revealed that it has teamed up with the Itochu Corporation, the Nihon Shipyard Co, the Mitsui E&S Machinery Co and NS United Kaiun Kaisha and together they have obtained approval in principle from the Nippon Kaiji Kyokai classification society to design an... mehr
ZTO tackles tough environment
The Chinese CEP services provider ZTO Express, founded in 2022 and listed on the Shanghai stock exchange, has reported its unaudited financial results for Q3/2022. Parcel volumes grew by 11.7% compared to the same period in 2021, with 6.4 billion parcels handled. The company... mehr
JAL implementing drones to support island life
JAL has concluded a drone project agreement with the town of Setouchi-cho, on the island of Amami in the Kagoshima prefecture at the southernmost tip of Japan. The undertaking studies the transportation of relief goods to isolated communities in times of natural disasters and... mehr
Northwestern Russian terminal doubles capacities
The company TransContainer (part of Delo Group) has completed the renovation of its terminal at the Kirov Kotlassky station. Renovation continued from 2020 through 2022. The terminal kept operating and marshalling container trains on a regular basis throughout that period. As... mehr
German network names new board members
The members of the Central German Logistics Network (Netzwerk Logistik Mitteldeutschland, NLM) elected two new board members to their five-member governing body at their general meeting. They are Nicole Uhlmann, sales manager of the company Emons-Rail-Cargo and terminal... mehr
Waberer’s ownership reshuffled
The Hungarian trucking and logistics company Waberer’s International has published notifications received from MHB Optimum, High Yield Vagyonkezelő and Ferenc Mike (the sole owner of MHB Optimum) on changes in the number of shares held by them after the closing of the public... mehr
Saab stepping back from port management
Saab is selling most of its shares in Maritime Traffic Management (MTM), a provider of management solutions for vessel traffic, ports and terminals. The shares will be purchased by funds advised by Agilitas Private Equity, for an enterprise value of approximately EUR 40 million.... mehr
