AD Ports to invest in Africa 
Abu Dhabi’s AD Ports Group recently inked a collaboration agreement with the Africa Finance Corporation (AFC), a major African multilateral development institution. The agreement provides the basis for the two organisations to join forces on identifying, financing, developing... more
Aero Africa Mashariki Cargo appoints Lucy Njoki
Aero Africa Mashariki Cargo Solutions has appointed Lucy Njoki as administration and operations manager for Kenya. She will be in charge of assisting the GM in running operations, finance, compliance and other administrative activities in Kenya, for the East Africa Control Tower... more
Is it a price war - or is it competition?
According to a market forecast made by Container X Change, an online platform for container logistics, “the probability of an all-out price war in 2023 is high," as CEO Christian Roeloffs put it. After the times of scarce capacities and exceptionally high container rates,... more
Iata – cargo volumes to stay above pre-covid levels
The International Air Transport Association (Iata) expects that next year, airlines will collectively post a small net profit of USD 4.7 billion – a 0.6% net profit margin. This would be the first profit since 2019, when industry net profits were USD 26.4 billion (3.1% net... more
2,000 e-vans for last-mile deliveries
Ford Pro and the Deutsche Post DHL Group recently signed a memorandum of understanding to accelerate the deployment of electrified vans used for logistics operations worldwide. Underscoring the planned collaboration, Ford Pro will equip the Deutsche Post DHL Group with more than... more
Money (no longer) talks
The Copenhagen-based maritime consultancy Sea-Intelligence has taken a closer look at the financial results of major shipping lines in recent times. The first rank of carriers can look back on USD 124 billion in operating profits in 2021. In the first three quarters of 2022 the... more
Nigeria welcomes FedEx
FedEx has launched its own commercial presence in Nigeria. Red Star Express, the current service provider in Nigeria, will continue to provide the infrastructure for FedEx in the field of ground operations.Nigeria is the largest and fastest-growing economy in Africa, and the... more
Is the trade tide turning?
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... more
MGH renews RA3 certification
Madagascar Ground Handling (MGH) has renewed its certification for a period of two years as an ‘authorised agent for third countries’ (RA3) for the handling of freight for shipment to European Union member states. This certification, now valid until 3 August 2025, comes after... more
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... more