ICTSI makes good progress in the first nine months of 2019 
Philippines-headquartered port and terminal operator International Container Terminal Services (ICTSI) has just published its unaudited consolidated financial results for the first nine months of 2019. Revenue from port operations amounted to USD 1.1 billion, an increase of 10%... more
Blockchain: UPS and Herd X ship beef from USA to Japan
UPS will work with Herd X, a USA-based agri-tech solutions provider, to deliver blockchain-verified traced beef from an American farm to Japan. The delivery represents a significant step forward in quality assurance and traceability in the beef industry. UPS and Herd X... more
Mark Frese to become new CFO of Hapag-Lloyd
During its meeting, Hapag-Lloyd’s supervisory board appointed Mark Frese to the executive board, effective 25 November. On 1 March 2020, he will become the new CFO, replacing Nicolás Burr. Mark Frese was most recently employed as CFO of Ceconomy, the former Metro. Before that,... more
Busiest day ever at Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) has broken its all-time record for the number of freighters handled in a 24-hour period. On 3 November, Hong Kong’s largest independent cargo handler took care of 104 freighter aircraft – beating its previous record of 102, set on 5... more
Volvo Group to restructure its marketing efforts
The Volvo Group has decided to expand the footprint of its two brands Renault Trucks and Volvo Trucks in Europe. For this purpose, the company will create separate market units (importers) for both brands across Europe as from 1 January 2020. Until now, the brands were... more
HHLA faces more volatility in its markets
The terminal operator Hamburger Hafen und Logistik AG (HHLA) is satisfied with its results in the first nine months of 2019. Container throughput grew moderately due to the integration of the Estonian terminal operator HHLA TK Estonia, which was acquired last year, and improved... more
Founder of Cebu Pacific passes away at 93
JG Summit Holdings has announced the passing of its founder chairman emeritus John L. Gokongwei Jr. on November 9, 2019. He was 93. He was the founder of the first Philippine multinational conglomerate including the airline Cebu Pacific and also a philanthropist with a passion... more
PSI warehouse management system for DFB's equipment
The German soccer federation (Deutscher Fussball-Bund, DFB) organises the supply of equipment for its national football teams from the new logistics centre in Langen near Frankfurt/Main (Germany) using the warehouse management system provided by PSI Logistics. PSIwms has... more
Golden October in east Belgium
In these challenging times with air cargo volumes being down all over the world, Liege airport is going against the trend. It has the best month in its history - almost 84,000 t in October 2019 - bringing the volume up to 730,000 t for the first ten months of 2019 with two peak... more
Climate-neutral transports per mouse click
The fleet.tech-CO2 balance provides the commercial vehicles industry with an innovative tool to easily measure the amount of CO2 greenhouse gases emitted by their vehicles. The companies can then compensate for the emissions with the help of the Swiss foundation myclimate.... more