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DSV raises bid offer, willing to pay Panalpina in cash

DSV raises bid offer, willing to pay Panalpina in cash

Feb. 15 | Basel-based transport and logistics company Panalpina confirms that it has received a revised, non-binding proposal from Danish rival DSV to acquire the company at a price of CHF180 per share, all in cash. “According to its fiduciary duties, the Board...

Panalpina confirms ongoing talks with Agility

Panalpina confirms ongoing talks with Agility

Feb. 15 | Swiss-based transport and logistics company Panalpina has confirmed media reports that it is in discussions with Kuwaiti counterpart Agility Group on “potential strategic opportunities” with regard to their respective logistics businesses. The...

Asia-Pacific airports garner highest score in passenger satisfaction

Asia-Pacific airports garner highest score in passenger satisfaction

Feb. 15 | Overall global passenger satisfaction with airport service quality increased during 2018, with Asia-Pacific airports enjoying the highest score and the largest increase from the previous year, according to the latest findings of the Airports Council International...

IMO asked to take measures to address sulfur cap implementation issues

IMO asked to take measures to address sulfur cap implementation issues

Feb. 13 | With the January 1, 2020 deadline for the sulfur cap approaching, the United Nations International Maritime Organization (IMO) should take measures to address expected implementation problems, says International Chamber of Shipping (ICS) chairman Esben...

New study forecasts impact of automation, technology in transport industry in 2040

New study forecasts impact of automation, technology in transport industry in 2040

Feb. 11 | The introduction of automation in global transport will be “evolutionary, rather than revolutionary,” according to a new report that investigates how the global transport industry will change as a result of automation and advanced technologies. “Transport...

Air freight loses momentum in late 2018, passenger growth still healthy

Air freight loses momentum in late 2018, passenger growth still healthy

Feb. 9 | Following strong 2017 results, global air freight markets posted moderate growth in 2018 amid heightened uncertainties, while passenger markets enjoyed healthy growth although not quite matching the pace of 2017, according to the International Air Transport...

Thailand’s new ‘e-visa on arrival’ service starts Feb 14

Thailand’s new ‘e-visa on arrival’ service starts Feb 14

Feb. 6 | The Bureau of Immigration of Thailand will launch a new e-visa on arrival (eVoA) system on February 14 for foreign tourists from 21 countries to help support the tourism industry of the country. With the new eVOA service, developed by the bureau with...

Hapag-Lloyd to retrofit mega box ship for LNG

Hapag-Lloyd to retrofit mega box ship for LNG

Feb. 6 | Hamburg-based Hapag-Lloyd will retrofit a 15,000-TEU ship to operate using liquefied natural gas (LNG) in a pilot project that will pave the way for converting its large ships to LNG. In future, the engine system of the vessel “Sajir” will be able...

IMO set to adopt new guidelines for safer, standardized navigation

IMO set to adopt new guidelines for safer, standardized navigation

Feb. 6 | The International Maritime Organization (IMO) is moving closer to adopting a standardized system for electronic navigation, says the Baltic and International Maritime Council (Bimco). This after the IMO’s Navigation, Communication, Search and Rescue...

Air cargo posts negative volume, yield growth in Dec

Air cargo posts negative volume, yield growth in Dec

Feb. 4 | Air freight volume recorded negative year-on-year expansion in December as the last four months of 2018 experienced steadily declining growth, according to WorldACD figures. In its latest analysis, the air cargo data aggregator said December closed the...
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