Shandong Port's cluster ambitions 
According to Chinese media, China's Shandong Port Group (SPG), established in 2019, aims to strengthen its global presence, uniting major ports including Qingdao, Yantai, and Rizhao. The coastal port cluster, led by Qingdao Port, is coordinated with others like Weihai,... more
WFS: fifth cargo terminal in Madrid
Worldwide Flight Services (WFS), a member of The SATS Group, is to open a fifth cargo handling terminal at Adolfo Suárez Madrid-Barajas Airport to provide additional growth capacity and secure its position as Madrid’s largest independent handling provider. Construction of... more
Two thirds of logistics companies affected
More than 65% of logistics companies have suffered financial losses due to supply chain disruptions according to a Logistics Hall of Fame Trend survey. Likewise, 65% rate the general risk of suffering future financial damage as high or very high. "The Corona crisis has... more
Quantron spreads its wings
Clean tech company Quantron recorded an order intake of EUR 20 million in the first seven months of this year. Order backlog and customer approved funding applications cumulatively amount to more than EUR 100 million. The company also expanded internationally in H1/2023. At... more
IAG Cargo picks new sustainability manager
IAG Cargo, the cargo division of International Airlines Group (IAG) has appointed Saleem Saeed as its new sustainability manager for its transformation team. Saeed previously worked in the construction sector and will use his experience and expertise to drive forward new... more
Port of Auckland: financial rebound in 2023
Port of Auckland has announced robust financial results, marked by substantial recovery and a near doubling of dividends to be paid to Auckland council. The directors have declared a final dividend of NZD 15.0 million for the year, totalling NZD 30.0 million, a rise of NZD... more
Air Charter Service expands in Texas
Air Charter Service has further invested in Texas by moving its Houston office to new, much larger premises to accommodate its growth plans for the state. Dustin Roades, ACS Houston’s CEO: “Last year was ACS Houston’s best, in terms of both charter numbers and revenue. On... more
FedEx launches new offering in the Middle East
FedEx Express has launched regional economy and regional economy freight services in the Middle East, offering small and medium-sized enterprises (SMEs) solutions for less urgent shipments within the region. The services use the Middle East road network and connect Bahrain,... more
Joining forces to enhance rail connectivity
PSA Indonesia has signed a memorandum of understanding (MOU) with PT Kereta Api Indonesia to jointly enhance the rail and rail-linked logistics ecosystem in Indonesia. The MOU serves to drive and align both partners’ efforts to improve connectivity and create an efficient... more
Port awards USD 220,000 in college scholarships
The Port of Long Beach has announced USD 219,500 in scholarships for 154 local college and high school students to assist them in their pursuit of higher education degrees in port-related fields from engineering to international business. The students receiving the... more