Good figures push Toll's turnaround 
The Toll Group, an Australian-based subsidiary of Japan Post, has reported its results for its financial year 2022 which ended on 31 March 2022. Revenues amounted to USD 7.6 billion, while ebit remained at a modest USD 341 million. The Toll Group, which sold its loss-making... plus
CBP officers confiscate live contraband
CBP Agriculture Specialists found something unusual while examining an air mail shipment declared as "earphones" arriving from Malaysia. When they opened the box, they discovered 26 vials containing live centipedes concealed in earphone cases. The CBP officers had... plus
WCI on a stable high
Drewry's World Container Index moved sidewards (-0.1%) this week, maintaining the level of USD 7,648.18 per feu. A comparison with the same period in 2021 shows the difference. The WCI is 24.7% higher than the same week in 2021. In detail, freight rates on Los Angeles –... plus
New technology for wine transport
Four musketeers to promote a new technology: Innolux Japan, Enji Corporation, Cold Storage Japan and NGK Insulators have jointly started the development of a temperature and humidity control service using sensor tags to visualise the environment while transporting and storing... plus
13 million boxes too much?
The transport time is the secret. The Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the data provided by Hapag-Lloyd, looking at the development in both the size of the equipment fleet as well as the number of transported containers over the past... plus
Maastricht at Flexport’s crossroads
The San Francisco-based forwarder Flexport has teamed up the US capacity provider Jet One X to offer Boeing B747F flights from Hong Kong to Maastricht, as well as from the same Dutch airport to Ho Chi Minh City (Vietnam). The technology platform and digital forwarder Flexport... plus
Maritime transition to new energies
The maritime transport sector is continuing its transition to new sources of energy for ship propulsion, according to data from the analyst Clarkson Research Services. Newbuilds are leading from the front. 63% of the GT tonnage ordered in 2022 belongs to ships that can be... plus
New rail service along Eurasian Middle Corridor
Maersk has introduced a new rail-sea service connecting Asia to Europe along the Middle Corridor. Departing from various locations, the service connects China and Europe via Central Asia in about 40 days and helps to ease current logistics woes, Maersk said. After passing... plus