News

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Logistics outsourcing service in place

A new distribution model has been developed by XPO Logistics for Radius Systems, a specialist polyethylene pipe producer in Ireland and the UK.

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Canada Post: parcels up, revenues down

Canada Post registered a loss before tax of CAD 31 million for Q2/2015, compared to a profit of CAD 53 million for the same three months in 2014.

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Gruber makes a big move

A breakbulk project has been jointly handled by the assembly firm Gruber Montage in Nuremberg and Gruber Logistics in Kreuztal (both Germany).

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Zim upping earnings

The Israeli carrier Zim achieved a Q2/2015 ebitda of USD 74 million, compared to USD 23 million for the same period in 2014. Q2/2015 net profit was USD 23 million (Q2/2014: USD 50 million net loss).

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World trade remains sluggish

Last month (July), the RWI/ISL container index softened from 118.6 (revised June value) to 118.4 points.

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Too little too late

The decision by the 2M carriers (Maersk and MSC) to suspend regular AE-9/Condor sailings - their Asia to North Europe string - from September, comes too late to reverse the ongoing rate slide on the trade, according to Alphaliner.

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Long-term collaboration

The Algerian economy is feeling the pinch of the fall in the price of oil. However, the project industry in particular still offers great potential for carriers. The Hamburg-based Coli group is one of the players to benefit from this: the Algerian national shipping line CNAN has chosen it as a partner for shipments to the region.

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Logistics firms must cut costs in order to compete

With the trend towards deeper integration, Vietnamese firms in logistics and supply chain management need to become more competitive to stay afloat, according to the Viet Nam Logistics Association.

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Star Wars on the river Elbe

It is no secret that shipping lines are battling for market shares, particularly on the key trade between Asia and Europe. That may have been the reason why the Aponte family had what is currently the world’s largest containership (in teu) sail into the port of Hamburg to the theme music from the Star Wars films. The third of 20 units sees MSC clearly banking on volume – and encountering its limits.

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Dry bulk market: FFAs pump up the volume

A huge month and a buoyant quarter for volume in FFAs, with both the Baltic and SGX reporting big gains as traders increased their activity on swaps and options.

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CARRIERS BOOST FREIGHTER CAPACITY IN VIETNAM BOOM

AirBridgeCargo has added Vietnam to its global network. The Russian all-cargo carrier entered the Vietnam market on April 1 with the launch of twice-weekly freighter flights to Hanoi.

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VN sea transport industry needs reforms

Viet Nam's sea transport industry needed restructuring to become more competitive, said head of the Transport Ministry's Marine Department, Nguyen Nhat.

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Vinalines plans to take daring steps to get off the hook

The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm to 36 percent will help restructure the business.