LAX marks its most valuable month ever 
In June 2022, Los Angeles International Airport (LAX) trade by value totalled USD 8.86 billion in imports and USD 6.07 billion in exports. The total of USD 14.9 billion is a single-month record, a 22.9% increase over June 2021 (and 16.6% more than in May 2022). For H1/2022,... more
CJ Logistics is on the move
Seoul-based CJ Logistics has reported its results for Q2/2022. The South Korean company achieved revenues of KRW 3.1 trillion (USD 2.3 billion), up 14.2% compared to the same period last year, while the operating profit rose by 28.2% to KRW 116.1 billion (USD 86 million). CEP... more
Analysts expect seafreight volumes to fall
Copenhagen-based maritime analyst Sea-Intelligence sees reasons to assume that the demand-led spikes seen during the pandemic that propelled container shipping to record earnings might be over. Sea-Intelligence has gone over the numbers on supply and demand from February... more
First “Together Green Global Hero”
DHL and the ABB FIA Formula E World Championship completed Season 8 earlier this month at the Hana Bank Seoul E-Prix in South Korea. At this occasion, they announced the winner of the first DHL & Formula E together green award: Monica de Russis from “Amigos en el Camino”... more
Mountain Air Cargo to add ATR72-600 freighters
Mountain Air Cargo (MTN, Kinston) is planning to add one ATR72-600F to its fleet for use in interstate and foreign charter cargo operations under contract with US logistics giant Fedex Express (FX, Memphis Int'l), according to a regulatory filing by the US department of... more
Three new Turkey connections
The Austrian carrier Rail Cargo Group (RCG) is adapting its Transnet offer from and to Turkey. ÖBB’s freight branch has introduced a direct train from Giengen in Baden-Würtemberg in Germany to Cerkezköy, which is 80 km west of Istanbul (Turkey). With two round trips per week... more
Gothenburg stems the tide
Swedish Port of Gothenburg processed 433,000 teu during H1/2022, 5% more than in H1/2021. The port currently accounts for 52% of Sweden’s container market, compared with 48% at the beginning of last year. All in all, container transport activities by rail to and from the... more
Trends of 2021 easing in 2022
A. Hartrodt presented the figures for the 2021 financial year recently. They contain unique records "in the company's history since 1887", the company says. Revenues from the forwarding segment benefited from higher freight rates and, with an additional increase... more
From Hilti to TST
Joachim Willems, who was managing director of Hilti Deutschland Logistik for eleven years, has joined the management team at TST. The business economist and software developer took charge of the warehousing division at the Worms (Germany)-based logistics company on 1 June 2022.... more
Monrovia more digital
A digitisation project is underway in the Free Port of Monrovia in Liberia to implement new tools to improve supply chain efficiency by paperless customs clearance processes and more efficient terminal operations. Over the past year, APM Terminals Liberia introduced online... more