Agility's ebitda grows by 27% in H1/2019
Agility has reported that the H1/2019 earnings of 25.18 fils (KWD 0.02518) per share and the net profit of KWD 41.9 million (EUR 124 million) were up 7.7% from the same period in 2018. First-half ebitda in 2019 was KWD 95 million (EUR 281.1 million), a rise of 27%. Revenue for... more
New Russian airport reaches for the stars
Having completed validation tests between 28 July and 8 August 2019 and after a test flight scheduled yesterday, 18 August 2019, Gagarin International Airport (GSV), which serves the southern Russian city of Saratov, will begin operations tomorrow, 20 August 2019. All... more
Port of Switzerland reverses the trend
The Port of Switzerland (comprising the ports of Kleinhüningen, Birsfelden and Muttenz-Auhafen) handled about 3.2 million t in the first half of 2019. This corresponds to an increase of 12.5% compared to the almost 2.87 million t of cargo handled in H1/2018. Import traffic –... more
“Curiosity of the Day”
The average person spends about three months of their life sitting on the loo - so make good use of that time. more
Testing self-driving tractor trailers in Arizona
In the USA, UPS has made a minority investment in the autonomous driving company TuSimple. The companies are testing self-driving tractor trailers on a route in Arizona to determine whether the vehicles can improve services and efficiency in the UPS network. This is an extension... more
UPS announces CFO succession plan
Richard Peretz, UPS CFO, plans to retire. Brian Newman, currently executive vice president, finance and operations, Latin America for PepsiCo, has been appointed UPS CFO, effective 16 September 2019. Newman will join the UPS management committee, the most senior leadership... more
Quickpac comes to Basel
Quickpac, the new division of Quickmail, will distribute parcels in the entire urban area of Basel (Switzerland) as from 2 September 2019, which means that it will extend its customer base to 20% of all Swiss households. The company will thus be serving more than a quarter of... more
Grand new era in Guadeloupe
Having the right infrastructure in place to handle large containerships is the key to increasing throughput in maritime gateways today. The Guadeloupe Port Caraïbes hub has provided this option since July. The Marfret shipping line already makes use of it. more
Pallet network delivers a mountain range of pallets
Pall-Ex in the UK is reaching great heights with Tile Mountain by transporting almost 35,000 pallets of tiles annually – the equivalent height of Mounts Everest, Kilimanjaro and McKinley combined. The transportation of fragile goods increases the risk of damages, but the firms... more
Silk Way Airlines USA appoints exclusive GSA
Silk Way Airlines USA has announced that, effective immediately, Global Feeder Services Holding (GFS) from Fort Lauderdale (FL, USA) will serve as SWA USA's exclusive general sales agent (GSA) responsible for maintaining and further developing customer and sales activities in... more