Higher revenues, lower profits for FedEx 
FedEx has reported its consolidated results for the first quarter, ending on 31 August, which were affected by disruptive impacts on global supply chains and a lack of labour. Revenues grew by 14% compared to Q1 last year, and came to USD 22 billion; operating income fell by... more
Martin Ackermann to generate Synergy
Martin Ackermann is taking charge of finances, commercial and strategic activities and transformation interventions at the Synergy Group, a ship manager. Prior to joining the Synergy Group Ackermann held executive leadership roles with prominent shipowners, including working as... more
AAT achieves perishables certification
Asia Airfreight Terminal (AAT) has been awarded Iata’s ‘Center of Excellence for Perishable Logistics’ certification (CEIV Fresh). The company, based at Hong Kong International Airport (HKIA), pointed out that “this accreditation recognises our expertise, training and facilities... more
Large loco order in Poland
The Polish leasing company Cargounit has ordered 30 Vectron MS locomotives from Siemens. The agreement includes the delivery of ten units by the end of 2023 and an option for 20 additional locomotives by 2024, as well as maintenance for the vehicles. The first two locomotives... more
Bigger vessels between Ventspils and Stockholm
Stena Line is expanding in the Baltic Sea by introducing two extended vessels on the Ventspils–Stockholm Norvik Port route in 2021. The first vessel, the ‘Stena Scandica’, increases freight capacities on the route by 30%. Expansion will continue in 2022, with two new vessels... more
Kale Logistics names Pawan Chande CFO
Kale Logistics Solutions, an Indian IT solutions provider to the logistics and airport industries, has appointed Pawan Chande as its new CFO. He brings more than 25 years of experience to the role, most recently as CFO of O.C. Tanner. He has also worked for Jacobs Engineering... more
First city-wide medical drone network
Matternet, a global provider of urban drone-delivery solutions based in California, has entered into a partnership with SkyGo, a company from the UAE with knowledge of the Abu Dhabi healthcare landscape and expertise in logistics and distribution in the Gulf region. Together... more
Benetton Group banks on robots
The Benetton Group, a fashion company with brands such as United Colors of Benetton and Sisley and a retail network of more than 4,000 shops, has contracted Dematic to install an ‘auto-store system’ at the group’s logistics facilities in Villorba, in the province of Treviso in... more
Covid-19 vaccines from Belgium to Africa
On Wednesday 22 September, 153,000 Covid-19 vaccines arrived safely in Entebbe (Uganda) on Brussels Airlines flight, following a similar shipment to Togo a month ago (pictured). The aircraft carrying the donation of AstraZeneca vaccines from the Belgian government was met at... more
Sailors’ Society webinar for Indian sea cadets
The Sailors’ Society, a maritime charity, will hold an online wellness conference for maritime colleges in India and their students on Thursday 30 September. Designed especially for maritime schools, the conference, entitled ‘Wellness at Sea – positive wellbeing for a rewarding... more