A new service to call in Egypt?
New options for goods traffic between Egypt and Russia are currently under negotiation. Andrey Severilov, chairman of the board of directors of the Fesco Transport Group, is in contact with Yasser Moustafa, the head of the commercial bureau of the Egyptian embassy in Russia, to... more
4th edition of Air Express Market Outlook is out
Cargo Facts Consulting (CFC), a global consultancy to the air logistics industry and a sister venture of industry publication Cargo Facts, has released its latest report. The 4th edition of Air Express Market Outlook provides a historical overview and five-year growth... more
Eco-friendly trucks for South African retailer
The Shoprite Group is the first South African retailer to pilot a heavy-duty electric truck as part of its fleet. The Scania battery electric vehicle is 100% electric, therefore has no reliance on fossil fuels and emits no carbon dioxide. The refrigerated truck can hold 16... more
PAC helps deliver male rhino to Honolulu Zoo
Pacific Air Cargo has been delivering its share of precious cargo this year. On Tuesday, 15 November 2022, the air freight company helped to deliver Kendi, a male rhinoceros to the Honolulu Zoo from Los Angeles. Kendi, an Eastern black rhinoceros, was born in Cincinnati on... more
Negative impact on world trade
In October 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined sharply to 120.8 points from the 124.2 points (seasonally adjusted) registered the month before,... more
Unctad: e-commerce driving maritime
The UN Conference on Trade and Development (Unctad) has published its flagship "Review of Maritime Transport 2022". For 2022, Unctad projects global maritime trade growth to moderate to 1.4%. Asia remained the world’s leading maritime cargo handling centre in 2021,... more
Algiers International Airport has a new CEO
Algeria’s minister of transport Kamal Beldjoud has installed the CEO of the Algiers Airport Services and Infrastructure Management Company (SGSIA), Mohamed Salah Kaouach. The installation ceremony took place at the company's headquarters at the Houari-Boumediene... more
Bimco explains carbon intensity index (CII)
The Baltic and International Maritime Council (Bimco) has published a new clause for time charter parties to make it easier for parties to comply with the requirements of the new International Maritime Organisation (IMO) standard regarding to the carbon intensity index (CII) of... more
Rwandair boosts cargo capacity
Rwandair has taken delivery of its first dedicated freighter. Converted by KF Aerospace at Kelowna, Canada, the 15.6 year old B737-800 SF, which is painted in Rwandair’s first cargo livery, will be based at its Kigali hub, from where it will serve destinations in Africa and the... more
The reasons for damage - and its cost
Marine and transport insurer Allianz Global Corporate & Specialty (AGCS) analysed more than 240,000 claims worldwide between January 2017 and December 2021, totalling a value of around EUR 9.2 billion, and identified a number of loss and risk trends. Fires accounted for... more