The logistics division of South Africa-based Imperial Holdings presented the results of its 2014/2015 business year which ended on 30 June 2015.
A new distribution model has been developed by XPO Logistics for Radius Systems, a specialist polyethylene pipe producer in Ireland and the UK.
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.
A breakbulk project has been jointly handled by the assembly firm Gruber Montage in Nuremberg and Gruber Logistics in Kreuztal (both Germany).
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).
Last month (July), the RWI/ISL container index softened from 118.6 (revised June value) to 118.4 points.
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.
The "SCI Mumbai" made her maiden call in Le Havre (France) on 18 August.
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.
The Government has approved a State Capital Investment Corporation (SCIC) proposal to divest its stakes in two companies.
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.
Trading of Haiphong Port’s shares, which are owned by Haiphong Joint Stock Company, started on August 12 on the Hanoi Stock Exchange.
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.
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.
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.
Thousands of logistics entrepreneurs are struggling with a serious shortage of employees since a rapid increase of services demands, the Viet Nam Logistics Institute (VNLI) has said.
Viet Nam's sea transport industry needed restructuring to become more competitive, said head of the Transport Ministry's Marine Department, Nguyen Nhat.
THERE has been a fundamental shift in global shipping company standings from 2014 to 2015, which radically re-arranged the top 10, according to Datamyne statistics published by the American Journal of Transportation.
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.
A Singaporean company - Freight Links Capital Pte., Ltd - has proposed to build a port for vessels of up to 50,000 DWT in the Vung Ang port in Ha Tinh province, in central Vietnam.