ZIM happy with "exceptional year" 
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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... plus
Dachser opens offices in South East Asia 
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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... plus
Richard Morgan to lead Imea region 
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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,... plus
New records thanks to international business 
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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... plus
AD Ports Group and Egypt maintain cooperation 
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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,... plus
Food retailer builds automated distribution hub 
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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... plus
Swiss arms exports hit a peak 
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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... plus
Etihad Cargo enhances its booking portal 
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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... plus
DP World expanding the port of Santos 
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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... plus
Big plans for Uzbekistan’s logistics market 
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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,... plus