NAS takes majority stake in Kenyan competitor
Under a strategic partnership agreement, Kuwait-based aviation services provider National Aviation Services (NAS) is going to acquire a 51% stake in Siginon Aviation. The subsidiary of Kenyan Siginon Group provides complete airport ground handling and cargo management services.... more
DSV concentrates on Agility integration
The hungry Danish logistics lion has reported its interim figures for Q3/2021. Revenues in Q3/2021 amounted to DKK 49.6 billion (EUR 6.6 billion), a leap forward of 43.3% in comparison to the same period last year (DKK 28.1 billion/ EUR 3.8 billion). Operating profit (ebit)... more
Stefan Krauter is entrepreneur of the year
At the Hermes transport logistics award ceremony, Stefan Krauter, founder and CEO of Cargo-Partner, was named entrepreneur of the year 2021 for his life's work. Earlier than most competitors, he recognised the need to implement digital technologies. His focus on sustainability,... more
Third strong quarter in a row for DP World
DP World handled around 19.8 million teu in Q3/2021, a rise of approximately 8.1% year-on-year. In the first three quarters of 2021, the Emirati logistician and terminal operator handled around 58.4 million teu in all of its container terminals worldwide. The number of boxes... more
Boeing's Middle East outlook 2021
In its commercial market outlook (CMO) for 2021, Boeing forecasts that airlines in the Middle East will require 3,000 new airplanes valued at USD 700 billion and aftermarket services such as maintenance and repair worth USD 740 billion, with the region positioned to capitalise... more
Green electricity for trains in Czechia
With immediate effect, all transfer connections operated by ÖBB Rail Cargo Group (RCG) will now be powered exclusively with green electricity in Czechia as well. These include the intermodal transports from Brno (Czechia) to Budapest (Hungary), from Melnik (Czechia) to... more
Europa Contact Centre: workforce to grow by 25%
Europa Contact Centre, a division of logistics provider Europa Worldwide Group, is set to expand its workforce by 25%. The team is therefore looking for more staff to fulfil a variety of roles, including team leaders, business development managers, trainers and call centre... more
Jaxport with new record in fiscal year
The Jacksonville Port Authority (Jaxport) set a new container volume record of more than 1.4 million teu moved in fiscal 2021 (to 30 September), a rise of 10% year-on-year and of 5% over 2019, its previous record year for container volumes. Jaxport had no vessels waiting at... more
Pics for risks
TT Club, the UK-based insurance provider, has found a new way to heighten awareness of the security risks in the supply chain. The corporation has launched a series of brief informative and instructive animations to highlight specific vulnerabilities. A total of seven... more
"Curiosity of the Day"
Apples ripen faster when they lie next to others, because they produce the gaseous plant hormone ethylene, which triggers further ripening. more