K Line to adjust previous forecasts 
The Japanese liner K Line is planning to record the extraordinary loss on valuation of investment securities in the consolidated financial results for the fiscal year ending 31 March 2020. These are investment securities classified as “available-for-sale securities”, where... more
One Swiss belly to Beijing, two series to New York
Swiss World Cargo will re-introduce additional capacity into its network. Ashwin Bhat, head of cargo, Swiss International Air Lines: "In addition to our three-times weekly service to EWR, we will offer a cargo-only belly capacity to JFK two times per week. To Asia we will... more
Kai Althoff to become new CEO at 4flow
From the beginning of May 2020, Kai Althoff, one of the company's founders, will assume the position of CEO at 4flow, a provider of logistics consultancy, logistics software and 4PL services. Althoff's predecessor Stefan Wolff, also a co-founder, will join the supervisory board.... more
First delivery of oil in flexitanks completed
Fesco Transportation Group and logistics operator Rail Cargo Logistics – RUS recently organised the first transportation of canola oil in containers equipped with flexitanks from the Krasnoyarsk Territory in Russia to the port of Nantong in the Jiangsu province in China. The... more
Erontrans to be new partner for 24plus in Poland
The general cargo cooperation 24plus has gained a new partner in the Polish freight forwarding and logistics company Erontrans headquartered in Pruszcz Gdański. General cargo services are scheduled to begin on 6 April 2020, subject to conditions on the German-Polish border. ... more
More Latin American carriers link the world
Colombia-based Avianca Cargo is providing uninterrupted freight transport service now with the support of aircraft and passenger crew, to contribute to the supply of food, medical equipment, toiletries, and medicines. On 26 March, a B787-8 made its first cargo flight between... more
Night-time closure for traffic on the Rhine
Inland navigation on the Upper Rhine also feels the effect of the unprecedented Covid-19 pandemic from which France and especially the region Alsace are currently suffering. Under these circumstances, the lock operators on the Upper Rhine, Wasserstraßen- und... more
Robert Berganus wins key role in contract logistics
Imperial Logistics International has appointed Robert Berganus to the newly-created post of COO contract logistics. Based in Zurich (Switzerland) and Duisburg (Germany), Berganus will be responsible for contract logistics operations across the business’ key industry verticals,... more
NEE: no tolls for railfreight during the corona crisis
The network of competing rail transport companies calls upon the German federal government to suspend tolls for railfreight trains during the corona crisis. "For reasons of price, transports are already being shifted back from the railways to the roads," the Netzwerk... more
Kerry Logistics grows despite difficult environment
Kerry Logistics has announced the group’s annual results for 2019. Revenue increased by 8% to HKD 41.139 billion (EUR 4.811 billion); 2018: HKD 38,139 million (EUR 4,467 billion). Core operating profit increased by 17% to HKD 2.765 billion (EUR 323.38 million); 2018: HKD 2.364... more