News
Europe adopts environmental regulations that will affect freight and trade
THE European Commission has adopted a sweeping package of proposals that aim to reduce the bloc’s emissions by at least 55% by 2030 (compared with 1990 levels). These measures...
Geodis expands its healthcare logistics capabilities with acquisition
GEODIS has signed an agreement to acquire Gandon Transports, a player in the transport of temperature-controlled pharmaceutical products. Already active in the healthcare market,...
Singapore tops international maritime centre rankings
THE Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and maritime data provider, the Baltic Exchange, has ranked Singapore...
Drewry’s container index shows massive annual increases
MARITIME consulting firm Drewry’s composite World Container Index has increased 4.7% or $397 to $8,795.77 per 40ft container over the past week. It also remains 333% higher that...
Hapag-Lloyd acquires Africa carrier NileDutch
SHIPPING line Hapag-Lloyd has closed the acquisition of the Dutch container shipping company Nile Dutch Investments BV (NileDutch), as announced earlier in the year. After signing...
Air cargo’s long and winding road to recovery
AFTER May’s subdued performance, global air cargo resumed its road to recovery from COVID in June with a 1% growth in demand versus the same month of 2019. According to analysts...
Svitzer Melbourne tug crews to stop work for 12 hours
TUG crews at the Port of Melbourne and Westernport will stop work for a total of 12 hours tomorrow while enterprise agreement negotiations between Svitzer Australia and the...
Beware the beetle: new import container measures come into effect soon
THE Department of Agriculture, Water and the Environment is bringing in additional anti-beetle measures for import containers that will be unpacked in a rural grain-growing area...
DP World acquires supply chain company for US$1.2 billion
DP WORLD has acquired 100% of syncreon for an enterprise value of US$1.2 billion. This transaction is subject to customary completion conditions and is expected to close in the...
Shipment of machinery refused entry to Australia
THE Department of Agriculture, Water and the Environment has confirmed that a shipment of machinery that did not meet Australia’s biosecurity standards has been refused entry to...
ABF uncovers attempted import of ice from the US
ORGANISED Crime Squad detectives have charged two people after seizing nearly 10 kilos of the illicit drug ice following an investigation into the alleged importation of...
FIATA and ICHCA strengthen collaboration
THE International Federation of Freight Forwarders Associations and the International Cargo Handling Coordination Association have renewed their memorandum of understanding to...
Kuehne+Nagel and IAG Cargo complete the first net zero carbon charter chain
KUEHNE+Nagel and IAG Cargo, the cargo division of International Airlines Group, completed a chain of 16 charter flights from Stuttgart to Atlanta fully carbon neutral after...
AMSA’s agreement with the US to create greater security
AUSTRALIA will have a greater level of search and rescue and maritime safety capability following a new agreement with the United States Department of Transport to access the...
Industrial action reduces Patrick rail capacity at Sydney by 25%
PATRICK Terminals' rail capacity at its Sydney AutoStrad has been reduced by 25% at Sydney due to increasing and ongoing industrial action. The Maritime Union of Australia’s...
