Maritime trade back to pre-pandemic levels 
In 2021, international maritime trade recovered to pre-pandemic levels and reached 12 billion t transported, corresponding to approximately 1,5 t per inhabitant of the earth. According to the latest weekly report by analyst Clarksons, international trade by sea in 2021 grew by... more
Real estate portfolio in China changes hands
In cooperation with a global institutional investor, Hong Kong-based ESR Cayman, an APAC-focused real estate investor, has completed the acquisition of a logistics and industrial portfolio in Greater Shanghai. It represents eleven completed logistics and industrial assets... more
Almost 940,000 truck consignments by rail
Kombiverkehr continues to grow: the intermodal operator transported 9.3% more shipments in 2021. 937,959 truck shipments or 1.88 million teu were thud transferred from road and sea to climate-friendly rail. Kombiverkehr’s performance improved in all transport sectors last... more
Schneider National's best year so far
Wisconsin-headquartered Schneider National achieved earnings of USD 532.7 million in 2021 (+86% compared to 2020). The company also reported its Q4/2021 results, with total revenues up 21% compared to Q4/2020, amounting to USD 178 million. Intermodal revenues (excluding fuel... more
Normalisation on the seas within sight?
The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the emerging endemic Covid period and, since there is no historical precedent fully describing this situation, compared it to the period of the US West Coast labour dispute of early 2015, which led to major... more
Strategic appointments at DHL Supply Chain
Contract logistics provider DHL Supply Chain (DSC), which belongs to Deutsche Post DHL Group, has made changes in its leadership team in Asia Pacific. Effective 15 February 2022, Jérôme Gillet, currently CEO Singapore cluster, DSC, has been named CEO Japan and Korea cluster.... more
Seven trucks added to Asian fleet
Geodis has taken delivery of seven Mercedes-Benz Actros tractor units. The leased vehicles will complement the haulier's fleet in the Asia-Pacific Region. The haulier has added service destinations in Vietnam to its network of full and partial load services linking Singapore... more
ZIM charters more units
Haifa-based ZIM Integrated Shipping Services has entered into a new charter agreement with Navios Maritime Partners for a total of thirteen container vessels. Out of these, five are second-hand vessels and eight will be newbuilds. The total charter hire will be approximately USD... more
Sky Courier: Textron's first for Fedex
Textron Aviation has rolled out the first production unit of its twin-engine, large-utility turboprop, the Cessna Sky Courier, at its manufacturing facility in Wichita. From the Sky Courier’s inception, launch customer Fedex Express and other members of Textron Aviation’s... more