Kerry Logistics acquires Mexican Cargo Master's Group 
The Hong Kong-based logistics service provider Kerry Logistics has acquired a majority stake in Cargo Master's Group (CMG), a Mexico-based logistics and freight forwarding company with a domestic network of six offices throughout the country, including Guadalajara, Queretaro and... more
A lighter shade of red for NOL
The Singapore-based NOL Group reported a core loss of USD 120 million before interest, taxes and non-recurring items in H1/2013. Whilst the group's result remains in the red, this marks a 45% year-on-year improvement, or USD 97 million, in the key profitability measure, despite... more
Russian Railways Logistics launches new rail service
Russian Railways Logistics has launched a new multi-client express rail delivery service from Moscow to Siberia and the Far East. The two routes are from Moscow Railway's Perovo station to West-Siberian Railway's Inskaya station and from Perovo station to East-Siberian Railway's... more
Online complaints form for seafarers
The Liberian Ship Registry has launched an online maritime labour complaint resolution form for seafarers, ahead of the entry into force of the Maritime Labour Convention 2006 (MLC) on 20 August 2013. The important flag state said it is committed to ensuring that seafarers who... more
Yusen Logistics investing in Czechia
Yusen Logistics, a service provider owned by the major Japanese shipping company NYK, put a 20,000 sqm logistics platform into service in Strancice, near Prague, (Czechia) on 1 August. The new terminal, which is equipped with 30 loading/unloading bays, will be mainly used for... more
Development of Abu Dhabi cargo community portal
Etihad Airport Services - Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the Singapore-based Cargo Community Network (CCN) to rollout a new information technology platform called Cargo Community Service (CCS) for the Abu Dhabi cargo community. The innovative... more
5,000th BharatBenz truck rolls off Indian production line
Daimler India Commercial Vehicles (DICV) is celebrating its first production anniversary: The 5,000th BharatBenz truck has rolled off the assembly line in Chennai. The anniversary truck is a heavy-duty BharatBenz 2523C construction truck with 25 t gross vehicle weight and an... more
ICTSI gains from Pakistan
The Philippines-based terminal operator International Container Terminal Services Inc (ICTSI) reported a port operations revenue of USD 413.7 million for H1/2013, an increase of 20% over the USD 345 million reported for the same period last year. Earnings before interest,... more
Österreichische Post grows H1/2013 turnover
The Austrian mail service provider Oesterreichische Post boosted its H1/2013 turnover to EUR 1.17 billion, an increase of 1.5% compared to the same six months in 2012. The operating profit (ebit) rose by 3.8% to EUR 98.4 million. www.post.at more
