ZIM happy with "exceptional year" 
The Israeli company ZIM released its financial results for the fourth quarter and full year of 2022, which president & CEO Eli Glickman qualified as "an exceptional year". Net income for the full year was USD 4.63 billion (2021: USD 4.65 billion). Adjusted... more
Dachser opens offices in South East Asia
The new locations in Chiang Mai, Thailand and Da Nang, Vietnam are already in service and strengthen Dachser's position in the region to serve growing customer demands, especially from the electronics, and fashion and sports industries. Chiang Mai is Dachser's fourth... more
Richard Morgan to lead Imea region
Shipping company A.P. Moller – Maersk has appointed Richard Morgan as regional managing director to lead its newly created Imea region. With this project, Maersk hopes to “look further into the future”, Morgan said. With Imea, which stands for India, Middle East, and Africa,... more
New records thanks to international business
Deutsche Post DHL Group once again grew profitably in the past financial year. With revenue of EUR 94.4 billion, the group exceeded its record from previous year by 15.5%. The leap was entirely due to DHL divisions’ international business, although global trade and e-commerce... more
AD Ports Group and Egypt maintain cooperation
On 6 March 2023, the President of Egypt, Abdel Fattah El-Sisi, received Capt. Mohamed Juma Al Shamisi, managing director and CEO of AD Ports Group, a company from Abu Dhabi (UAE), in Cairo. The meeting involved Egyptian Prime Minister Mostafa Madbouly, H.E. Mariam Al Kaabi,... more
Food retailer builds automated distribution hub
Willi-Food, an Israeli-based specialist for kosher food products, is investing NIS 90 million (USD 24.6 million) in constructing a new distribution centre for chilled and frozen foods. The hub will be automated and computerised. It is designed to effectively and efficiently... more
Swiss arms exports hit a peak
In 2022 Swiss companies exported arms worth CHF 955 million to 60 countries. This corresponds to an increase of about CHF 212 million or around 29%, compared to the previous year, according to the Swiss state secretariat for economic affairs. This means that more arms were... more
Etihad Cargo enhances its booking portal
Etihad Cargo, the freight and logistics arm of Etihad Airways, has further expanded its online booking portal capabilities, as a part of the carrier’s ongoing digitalisation strategy. The latest development has seen Etihad Cargo introduce online pet shipment bookings for dogs... more
DP World expanding the port of Santos 
The port of Santos, one of Brazil's largest and most modern ports, has revealed plans to expand and modernise its facilities. A terminal that already covers 845,000 sqm is set to be expanded by another 130,000 sqm. Moreover, the Dubai-based Emirati company DP World, which... more
Big plans for Uzbekistan’s logistics market
AD Ports Group and SEG Enera Group in Uzbekistan, have formed a joint venture to provide end-to-end global logistics services in Uzbekistan. ADL-Ulanish will offer a variety of advanced services, including freight forwarding, air and land logistics, warehousing and storage,... more