News
Wiseway acquires Singapore-based air freight company
ASX-listed company Wiseway Group Limited announced that its wholly owned subsidiary Wiseway Logistics in Singapore has entered into an agreement to acquire 100% of TAF E-Logistics...
Maritime industry supports East Timorese community
THE maritime industry in Western Australia has provided much needed humanitarian support to the East Timorese community. The initiative started when Fremantle Ports was approached...
Charter Link Logistics opens Australia office
HONG Kong-based LCL consolidation specialist Charter Link Logistics group has opened an Australia office in Melbourne. The company has plans to rapidly expand across Australia....
Geodis charters ships for Shanghai – Hamburg trade
GEODIS has recently announced that it has chartered several 1000-TEU multipurpose ships for a monthly service between Shanghai and Hamburg. The first sailing on the service will...
ASX-listed logistics company appoints new board member
WISEWAY Group has appointed Robert McNutt as a non-executive director in what the company said is part of its expansion strategy, particularly in the US market. ASX-listed...
Container shipping industry must brace for higher costs
RESEARCH firm Drewry reports that the container shipping sector is either already facing or about to face higher costs. This comes amidst booming stocks and rising profitability...
WA takes tough stance on COVID onboard ships
THE Western Australian government has updated the protocols for vessels arriving at its ports, effective immediately, with tougher requirements for crew testing and vaccination...
GEODIS consolidates NZ operations with new purpose-built facility
LOGISTICS providers GEODIS has announced a strategic move to a new facility at Auckland Airport, following strong and sustained growth in the New Zealand market. The...
Industry body reiterates call for new federal regulator for shipping
THE Freight and Trade Alliance has reiterated its call for the federal government to establish a new regulator, “along the lines of the US Federal Maritime Commission”. In formal...
Record performance for GEODIS in the first half of 2021
IN the first half of 2021, logistics group GEODIS has achieved revenues of €4.865 billion, up 21% compared to 2020, resulting from sustained activity recorded in all the group's...
Hapag-Lloyd expects half-year EBIT nearly six times higher than last year
BASED on preliminary figures, shipping line Hapag-Lloyd expects for the first half of 2021 an EBITDA of around US$4.2 billion (€3.5 billion) compared to around US$1.3 billion...
Trident Taskforce seizes drugs and chemicals in joint operation
AS part of a joint drug trafficking investigation, detectives from the Trident Taskforce have arrested two people and seized significant quantities of Gamma Butyrolactone (GBL)...
Kalgin Logistics acquires QIFS
PACIFIC Islands logistics specialist Kalgin Global Logistics has acquired Queensland International Freight Services. Brisbane-based QIFS is a specialist in the Papua New Guinea...
DSV Panalpina reports big half-year profit growth
DANISH transport and logistics behemoth DSV Panalpina reported an 18% growth in gross profit in its interim financial report for the first half of the 2021 calendar year. The...
Freight & Trade Alliance partners with air-freight specialist
FREIGHT & Trade Alliance is partnering with aviation and air freight consultancy Avistra to facilitate what it says is necessary supply-chain reform. FTA said the partnership...
