Australian all-rounder under Bolloré’s flag 
Lynair Logistics in Australia has been taken over by Bolloré Logistics, effective 1 August 2022. Lynair, which is based in Adelaide, will retain its brand name temporarily and continue its business operations as usual following the acquisition. Established in South Australia... more
CJ Logistics is on the move
Seoul-based CJ Logistics has reported its results for Q2/2022. The South Korean company achieved revenues of KRW 3.1 trillion (USD 2.3 billion), up 14.2% compared to the same period last year, while the operating profit rose by 28.2% to KRW 116.1 billion (USD 86 million). CEP... more
Analysts expect seafreight volumes to fall
Copenhagen-based maritime analyst Sea-Intelligence sees reasons to assume that the demand-led spikes seen during the pandemic that propelled container shipping to record earnings might be over. Sea-Intelligence has gone over the numbers on supply and demand from February... more
First “Together Green Global Hero”
DHL and the ABB FIA Formula E World Championship completed Season 8 earlier this month at the Hana Bank Seoul E-Prix in South Korea. At this occasion, they announced the winner of the first DHL & Formula E together green award: Monica de Russis from “Amigos en el Camino”... more
Three new Turkey connections
The Austrian carrier Rail Cargo Group (RCG) is adapting its Transnet offer from and to Turkey. ÖBB’s freight branch has introduced a direct train from Giengen in Baden-Würtemberg in Germany to Cerkezköy, which is 80 km west of Istanbul (Turkey). With two round trips per week... more
New facility to be established in Yachiyo
In Yachiyo, Japan, DHL Supply Chain, the contract logistics arm of DHL, has broken ground for a new logistics centre. The player thus reinforces its business presence in Greater Tokyo. The 40,000-sqm facility aims at customers in the consumer and retail sector, especially those... more
Recovering relatively well 
Chinese ports provide global economy with renewed impetus. Although the overall situation concerning congestion has eased somewhat, all that glitters still isn’t gold in Chinese ports. Although volumes are rising, especially in exports, the figures from before the shutdowns... more
More parcels for ZTO Express
In China, ZTO Express has reported its Q2/2022 results. The CEP's total revenues were RMB 8.66 billion (USD 1.3 billion) in Q2/2022, a rise of 18.2% from the same period in 2021. Gross profit was RMB 2.2 billion (USD 328.9 million), an uptick of 31.6% from H1/2021. The core... more
Zhengzhou airport more than doubles cargo capacity
Dimerco Express worked with Cathay Pacific to arrange its first flight for the new Zhengzhou North Cargo Terminal in Henan Province. The 160,000 sqm addition to CGO can handle 600,000 t of annual freight, bringing the airport’s total air cargo capacity to 1.1 million t. The... more
Grant to promote hydrogen transport project
Western Australia’s government has approved an AUD 10 million (EUR 6.8 million) grant to support a hydrogen project. It will set up a renewable hydrogen production, storage and refuelling facility at Woodside Energy's H2Perth site in Rockingham to support the early adoption of a... more