Margins to stay, says Fitch Ratings 
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
TT Club concerned over cool chain cargo
There is action required, says TT Club. The analysis of the insurance company’s claims records over the past three years shows that temperature-controlled incidents rank in third place. Almost 30% of these incidents involved a miscommunication of operational instructions... more
Digitalisation crucial for pandemic recovery plans
At a high level virtual workshop, the International Road Union (IRU) recently called on all governments along the Europe-Caucasus-Asia international transport corridor to implement e-CMR and eTIR in order to swiftly reap the benefits of road transport digitalisation. The first... more
Partners for the prototype of a further A321 P2F
Sine Draco Aviation Development, a multi-national corporation with headquarters in Nanchang (China) and a subsidiary in Bellevue, WA, has selected Ascent Aviation Services in Tucson, AZ, for modification and completion of its prototype A321 passenger to freighter conversion... more
Toyota's second recognition for 'control tower'
Gefco has received a certificate of recognition from Toyota Motor Europe for cost management excellence in 2019-2020. This is the second time that the company, one of Europe's major players in the automotive logistics industry, has been recognised for its performance in this... more
New transport avenue to Australia’s Central West
Linx Cargo Care Group has enabled a new arterial avenue for Australia’s grain farmers in the Central West with the recent expansion of services from its Linx Intermodal Terminal. Furthermore, the group is now partnering with CWLT Logistics to provide new services between Sydney... more
Supporting health programmes beyond Covid-19
As part of the UN agency vaccination programme Volga-Dnepr Group and the Denmark-based Scan Global Logistics worked together to deliver 180 cbm of vaccines and medical supplies to Turkmenistan. The cargo contained vital diphtheria/hepatitis and BCG vaccine doses as well as... more
Seasonal REX service is back
The Turkish shipping company Arkas and its partner Sealand Europe & Med, a Maersk affiliate, have decided to resume their seasonal reefer service. REX, the "Russia Express Service", will commence with the departure of the "Bomar Resolve" from Mersin on 31... more
K Line and NYK set LNG landmark
In Japan, K Line has launched its LNG bunkering business in the Chubu region through its joint venture company with Jera, the Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK). The first LNG bunkering vessel in Japan, the "Kaguya” owned by the joint... more
Prologis' balance sheet in 19 countries
Logistics real estate developer Prologis has reported its results for Q3/2020. As of 30 September 2020, the company owned or had investments in ventures, properties and development projects estimated to total approximately 91 million sqm in 19 countries. Moreover, the... more