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Cosco: Shipping vs Ports - same parent, not quite siblings

Delve straight into the numbers. In a nutshell: Chinese state-owned container line Cosco Shipping Holdings; (CSH) profit rose a whopping 81% in the third quarter as port congestion and long reroutes tied up ships and lifted freight rates, while Cosco Shipping Ports, the terminal operator it controls, reported flat profit with its busiest Chinese terminals close to capacity. Why so? For one, Citi expects a seasonal easing into early 2027, but its own work on port bottlenecks, a Strait of Hormuz that remains largely ...

The cold chain just got weaponised - logistics is exposed

A recent cyberattack on French supermarket refrigeration showed how remote controls can cause physical losses. The warning extends to cold stores, pharmaceutical warehouses and connected reefer fleets. At four in the morning, a delivery driver at an Intermarché in Gradignan, south-west France, found the cold room flooded. Its temperature had climbed to 50°C, setting off a sprinkler. At another store in Normandy, equipment was damaged after temperatures reportedly hit 80°C. The food was ruined, and nobody had needed to ...

MSN Air Service to utilise Kalé platform at new Guyana cargo station

US ground handler MSN Air Service is expanding its use of Kalé's cargo handling platform in line with plans to add new stations globally. At the Tiaca Air Cargo Forum, MSN Air Service signed a memorandum of understanding (MOU) with Kalé Info Solutions (Kalé) to deploy Galaxy as its standard technology platform at every new station it opens as part of its international expansion. The agreement comes as MSN expands its operations beyond JFK, with a new base at Cheddi Jagan International Airport in Guyana. "MSN is entering an exciting phase of growth, driven by a clear ambition to expand into international markets and strengthen our position in the global air cargo industry," said MSN Air Service group chief executive Manoj Singh. "For us, this expansion is about building a future-ready business, investing in technology and creating the capabilities to compete in an increasingly connected industry. "With Galaxy in use at JFK and committed for deployment across every new station we open, we are building a common technology platform to support operational consistency, visibility and scalability throughout our network." Galaxy supports import, export, and transfer operations through a single cargo handling platform. "International expansion can multiply operational complexity very quickly, and technology should remove that complexity rather than reproduce it at every new station," said Amar More, chief executive and co-founder of Kalé. "MSN is taking the right approach by building a common technology platform into its expansion strategy from the outset, rather than trying to retrofit systems as its network grows. "A common platform gives handlers consistent workflows, real-term visibility, and comparable performance data across locations, allowing them to add new operations without rebuilding their processes from scratch."