ZIM’s Q1 2020 results
• Total revenues in Q1 2020 were $823.2 million, compared to $796.2 million in Q1 2019, reflecting an increase of 3.4% • Adjusted EBITDA of…
CEVA Logistics and Emmelibri embark on new ground-breaking book distribution project
CEVA Logistics Italia and Emmelibri (a Messaggerie Group company) have signed a Letter of Intent to launch a joint project aimed at developing an innovative…
Weekly rail traffic for the week ending May 23, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 23, 2020.
US says Hong Kong’s China autonomy is gone, sowing trade doubt
The U.S. has certified that Hong Kong is no longer politically autonomous from China, a move that could have far-reaching consequences on the special trading…
March 2020 North American transborder freight numbers
Transborder freight between the U.S. and other North American countries (Canada and Mexico) in March 2020: • Total Transborder freight: $98.8 billion of transborder freight…
SAA administrators see reasonable chance of rescuing airline
The administrators of South Africa’s bankrupt state-owned airline said they see a “reasonable prospect of rescuing” it.
Indian Register of Shipping overcomes challenges from global pandemic to launch of ADVAITA, in China
Advaita, a dedicated cement carrier under construction at Penglai Zhongbai Jinglu Ship Industry Co., Ltd, China was successfully floated out on 30th March 2020. The…
Air Partner sees renewed interest for private flights, following eased COVID-19 restrictions
As governments across the globe begin to ease COVID-19 restrictions, Air Partner’s global private aviation team saw more than a 210% increase in request volumes…
SMBs still looking to China for suppliers, but less than last year
• China-US West Coast prices (FBX01 Daily) down by 2% since last week to $1636/FEU. Rates are 32% higher than rates in 2019 at this…
Hellmann Worldwide Logistics implements CargoWise to further drive digitization
Hellmann Worldwide Logistics announced the rollout of CargoWise, the integrated single-platform logistics solution of WiseTech Global. The new Transport Management (TMS) System will be implemented…
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