Ceva Logistics narrows losses
In its consolidated results for 2020, Ceva Logistics, the logistics arm of CMA CGM, shows an 4.1% increase in revenue to USD 7.4 billion and an operating income of USD 135.0 million, four times more than the USD 31 million in the prior year. Losses for the period narrowed to... plus
Supporting the export of products "made in Qatar"
Qatar Airways Cargo and Qatar Development Bank have joined hands to support local manufacturers in Qatar. The cargo carrier is offering discounted rates to local Qatari manufacturers who are current QDB clients and hold a certificate of origin for their products, to export to... plus
Board of directors seeking new chairman
Urs Schwaller, chairman of Swiss Post's board of directors since April 2016, has decided to step down from his role as of 1 December 2021. "It’s the right time for Swiss Post and for me," the 68 year-old manager said. "We have systematically rectified past... plus
K Line on the remote side
In Mid-March, the “Century Highway Green”, a car carrier fuelled by LNG that had been under construction at the Japanese Tadotsu Shipyard was delivered to K Line. It is the first newly-built vessel to obtain Nippon Kaiji Kyokai (Class NK) notation certifying that the ship is... plus
Formula I renews logistics contract
Shortly before the start of the new FIA Formula 1 World Championship, the Formula 1 organisation has renewed its contract with DHL. DHL, which has been on board since 2004, will thus remain Formula 1's official logistics partner for the next few years and continue to transport... plus
Driving digitalisation of transport in Asia
Efforts to maintain the integrity of supply chains while limiting physical contact among transport workers and border agencies during the pandemic have already led to increased digitalisation in transport. Now, Shanghai Cooperation Organisation transport ministries together... plus
Equipment for Yilport portfolio
The Yilport Holding has ordered 27 new Kalmar machines to be spread across its ports and terminals: 11 reachstackers, four empty container handlers and 12 heavy terminal tractors. Delivery of all machines is scheduled for Q3 and Q4/2021. Currently, the Yilport Holding... plus
Serving Unicef Emergency Fund globally
Turkish Cargo is supporting the battle against the pandemic by carrying Unicef Emergency Fund's Covid-19 vaccines and health equipment all around the world. The carrier just recently delivered 1.7 million doses of vaccines from India to Kinshasa, in cooperation with global... plus
Tunisair tries again
After the guest appearance of Olfa Hamdi, a young executive from outside the company, at the helm of Tunisair (see ITJ 11-12/2021, p. 5) was of only short duration, the Tunisian government is once again relying on a manager with in-house experience to take her place. Khaled... plus
Kwik Delivery expands in Nigeria
Lagos-headquartered Kwik Delivery has officially launched its just-in-time delivery service in Nigeria's capital Abuja. Launched in 2019, Kwik Delivery is an on-demand, last-mile delivery platform that connects African businesses to independent delivery riders, dubbed Kwiksters.... plus