Hyundai Glovis will work closely with local food conglomerate Charoen Pokphand (CP) Group, agreeing to assign 150 electric trucks a year to transport goods to 7-Eleven stores throughout Bangkok. The Thai subsidiary’s opening yesterday was attended by Hyundai Glovis CEO Kim Jung-hoon and CP Group v...

Rewind 10sPausePlayForward 10s% buffered00:0000:0000:00UnmuteMuteExit fullscreenEnter fullscreen Play Mike interviews newly appointed executive board member for Hapag-Lloyd Donya Amer and Dr Ralf Belusa, MD digital business & transformation.   Episode in m...

No doubt the French state – which owns a whopping 28.6% of the airline group – had its hand in the talks and, at the same time, of course, the French government was urging CMA CGM to buy Gefco in something of a fire sale; it being 75%-owned by newly anointed corporate pariah Russian Railways. Th...

Following Russia’s invasion on 24 February, and the subsequent prolonged and increasingly bitter conflict, the Black Sea ports, particularly Odessa and Mariupol on the Azov Sea coast that handle some 90% of Ukrainian grain shipments, have been closed. According to Odessa-based logistics consultanc...

The owner of Ceva Logistics and now Gefco made $17.8bn in profit in 2021, and is further strengthening its foothold in the French logistics market with the investment, while gaining an experienced partner to take care of its freighter aspirations. AF-KLM and CMA CGM have signed a 10-year, exclusive ...

At a “Reconnect” meeting yesterday, FIATA president Ivan Petrov alleged that some shipping lines were forcing customers to buy additional services – a claim raised by many shippers and forwarders in recent weeks. “Vertical integration is being done by the majority of the big 10 carriers, whi...

The partners will initially target Singapore, the world bunkering capital, before moving on to establishing capacity in Japan and across the Asia-Pacific region. GoodFuels specialises in marine biofuel drop-in replacements, which can be substituted for heavy fuel oil (HFO) and other ship fuels witho...

Mr Salles joins from Drewry, where he was head of e-business, transport and supply chain for nearly five years. He was also an advisor to digitisation company Bolero International. He also spent just under five years at INTTRA, as MD EMEA and 20 years at CMA CGM, most recently as e-commerce and part...

The move follows shortcomings in the food supply chain being brought into sharp focus by the recent lockdowns. The ministry said ports must add at least 6,000 reefer plugs by end-2023, as by then mainline operators are expected to have added 180,000 teu of reefer capacity. The MOT also wants to prom...

Long-term figures suggest a substantive hike in UK trade volumes with Belgium since Brexit, up 11.5%, amounting to some £45.5bn, and minister president of Flanders Jan Jambon is keen to further strengthen ties with his region. “The UK is Flanders’ fourth-largest export destination and we are on...