LDz Cargo plans to renew fleet 
LDz Cargo, the cargo subsidiary of Latvian railway operator Latvijas dzelzcels, plans to completely renew its cargo fleet by 2020. The company wants to purchase about 300-400 freight cars of various types each year. At present LDz Cargo has a fleet of about 6,731 thousand units.... more
CMA CGM records lower Q3 profits but good year-on-year...
The French shipping line CMA CGM noted a net profit of USD 70 million for Q3/2013, down from USD 363 million in the same period last year. However, the company noted a rise in full year earnings up until the end of September, as they jumped from USD 284 million last year to... more
CIS and UIC set to cooperate
The Council for Rail Transport of the CIS (CRT CIS) and the International Union of Railways (UIC) have signed a memorandum of cooperation (MoC) in Moldova. In the framework of the MoC, it is proposed that the two organisations will cooperate on traffic safety, anti-terrorism... more
Kuwait Airways has internal troubles, but back in Iraq
Kuwait has suspended Sami al-Nisf, the chairman of state-owned Kuwait Airways in a dispute over his plans to buy five used aircraft from India's Jet Airways. The company has since abandoned these plans. Reuters reported that the government had requested to stop the A330 aircraft... more
Steder Group/Delta Maritime open office in Constantza
After collaborating closely for ten years, the Steder Group, based in Rhoon (Netherlands), and Delta Maritime, of Thessaloniki (Greece), have jointly opened an office in Constantza (Romania). Both companies are strong in shipping and logistics and have now extended their... more
Change at the head of Guadeloupe Port Caraibes
Laurent Martens, the president of the board of Guadeloupe Port Caraïbes, is resigning on 30 November. He will become vice-president of Terminal Link at CMA CGM. Martens, who started at the port in 2008, has been thanked by the authorities for his commitment. His track record... more
Evergreen Line aims to boost Libyan trade
The Taiwanese carrier Evergreen Line is improving its services to and from Libya with the launch of a new group-operated feeder service from Piraeus to Tripoli. The LYS3 service will begin at the end of November and enhance Evergreen’s network coverage for importers to the... more
Daimler Trucks Asia investing EUR 300 million
Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV) are bundling their Asian business under the umbrella of Daimler Trucks Asia with a view to generating further sales growth in Asia and Africa. To this end, Daimler Trucks Asia will... more
Charter broker positions freighters in the Philippines
The global aircraft charter specialist Chapman Freeborn Airchartering has positioned two freighters in the Philippines to help agencies deliver aid to the heart of the typhoon disaster zone more effectively. The two aircraft, an Ilyushin IL-76 and an Antonov AN-12 (in photo),... more
Dachser sets up JV in Indonesia
The company Dachser is continuing to expand in its air and sea logistics business field. The Germany-based international logistics provider recently established a joint venture in Indonesia that trades under the name PT Dachser Indonesia. The new firm’s portfolio ranges from air... more