ESR closes USD 250 million unsecured term loan 

ESR, the large Asia Pacific focused logistics real estate platform, has entered into a new facility agreement for a USD 250 million three-year unsecured term loan facility with prominent international banks at a rate of Libor plus 3%, which was drawn down in full in March 2020... plus
"Curiosity of the Day" 
People who are currently alive represent about 7% of the total number of people who have ever lived. plus
American Airlines' first full cargo flights since 1984 

Unusual times demand unusual measures, as American Airlines confirmed this weekend. For the first time since withdrawing its B747 freighters from service in 1984, the Dallas-Fort Worth-based airline has aircraft in operation that carry only cargo and necessary flight personnel –... plus
Monjasa chooses new managing director Europe 

The Danish oil and maritime company Monjasa has promoted Mikkel Kannegaard to the position of new managing director for its activities in Europe. A role which has been filled by group COO, Svend Stenberg Mølholt, on an interim basis. Mikkel Kannegaard brings experience from... plus
Long semitrailers 10% more efficient 

After the sale of 100 units, Schwarzmueller is conducting a first review of the success of the long semitrailer that was introduced to the German market on a trial basis in 2019. The Austrian premium manufacturer produces this type of vehicle primarily for the automotive and... plus
Compenser et inciter 

Avec verve et enthousiasme, le port du Havre cherche à fidéliser ses clients. plus
La Chine de nouveau reliée 

Le trafic ferroviaire de marchandises entre la Chine et l’Europe de l’Ouest est rouvert. C’est ainsi que Davies Turner par ex. annonce que son service ferroviaire direct et hebdomadaire de la Chine vers la Grande-Bretagne a repris à la mi-mars. Tony Cole, responsable supply... plus
TIR boosts India-Iran-Afghanistan intermodal trade 

The first intermodal transport, using TIR from India via Chabahar port in Iran, was completed last week. Carrying factory line components, the operation took seven days in total - five by sea and two by road from Chabahar port in Iran to the final destination in Afghanistan. In... plus
ONE deploys unit for AUE 

The Singapore-based Ocean Network Express (ONE) is upgrading its participation on the Australia East Asia Service (AUE), also known as North East Asia – Australia Express (NEAX) service. Starting from April 2020, ONE will be operating a vessel on the AUE service, which is... plus
Active logistics relies on JITpay 

As the first provider of transport management systems, active logistics has now integrated the accounting module developed by JITpay digital into its systems. This tool simplifies and speeds up so-called factoring between senders and forwarders and between senders and transport... plus