Deepening collaboration with Shenzhen airport
Last week, Time Matters Courier Terminals, a wholly owned subsidiary of Time Matters, part of the Lufthansa Cargo group, signed a memorandum of understanding with the International Cargo Centre Shenzhen (ICCS), marking a significant step towards a collaboration. Wong Ching... more
Maskargo joins forces with Qatar Airways Cargo
Qatar Airways Cargo has launched a new strategic cooperation with Maskargo, the cargo airline and subsidiary of Malaysia Aviation Group. The partnership was inaugurated by Qatar Airways cargo’s chief officer cargo, Mark Drusch, and Maskargo’s chief executive, Mark Jason Thomas.... more
Four good reasons
Sea Lines offers ferries as alternatives to overland transport runs. In 2011 the Turkish shipping company Sea Lines introduced a ro-pax service between Turkey and Ukraine. CEO Joe Lindblom told the ITJ recently how the line’s Black Sea ferry services have developed and why he... more
Turkey as a railfreight hub
A private operator’s new Istanbul–Budapest link. Turkey is aiming to improve its position as a hub for rail transport solutions by adding a new freight train connecting the country to Hungary. The operator Pacific Eurasia expects to generate annual volumes of 750,000 t. more
From a shipping line to a terminal operator
APM Terminals has hired Peter Wikström as its new CFO. Wikström will join the global terminal operator on 1 January 2025 after having recently served as head of mergers & acquisitions at Maersk – a role he assumed in 2019. Since 2023, Wikström has also worked as... more
MOL to back Metaprop
MOL Group’s Osakan subsidiary is planning to invest in Metaprop, a New York-based real estate technology investor. Daibiru Corporation, which was fully acquired by MOL in 2022, is collaborating with the desk of the group’s corporate venture capital fund. Its newest project... more
Sustainably bridged
Financing a section of a trunk road. Turkey – and its largest city Istanbul in particular – is a vital hub for freight traffic between Europe and the Middle East. The ‘Northern Marmara Highway’ will soon provide better roads in the west of the metropolis. more
100,000th China-Europe freight train now en route
The jubilee freight train was loaded with electronic products, vehicles and auto parts, mechanical components, and household appliances. It departed last Friday, 15 November 2024, in southwest China's Chongqing municipality, and will arrive in Duisburg, Germany, after a ten-day... more
Heavier trains for Australia's farmers
The Australian Rail Track Corporation (ARTC) has completed the upgrade of the 35 km line between Narrabri and Turrawan in Australia. The construction work finished just in time for what’s anticipated to be one of the largest grain harvests for farmers in north-west New South... more
DP World diversifies Down Under
DP World Australia has strengthened its hold on port and contract logistics by fully acquiring Silk Logistics Holdings’ issued share capital. The logistics provider’s subsidiary Down Under is looking to expand its own network of four container terminals, three container parks,... more