UPS picks Ufku Akaltan 
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
Ethiopian Airlines MRO begins first P2F in Africa
Ethiopian Airlines MRO recently celebrated a milestone on B767 passenger to cargo conversion as the first conversion site in Africa, in collaboration with Israel Aerospace Industries (IAI), was opened in the presence of His Excellency Ambassador Alelign Admasu, ambassador of... more
Making dangerous goods transport safer
The international freight transport insurer TT Club is calling for more security and safety in lithium battery supply chains. This statement follows a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium... more
World trade in March: the calm before the storm?
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) went up in 2022, rising by 1.6 points to 119.2 points (seasonally adjusted), according to the latest flash estimate.... more
Cian: Etienne Giros takes the helm
The members of the board of directors of Cian (French Council of Investors in Africa) have appointed Etienne Giros as president. Giros has been deputy chairman of the organisation since 2014, and also chairman of Ebcam (European Business Council for Africa) since June 2018.... more
From South Africa to the Middle East
ACC Aviation, the global aviation services group, has successfully transacted a Boeing B737-300 (ZS-TGB) to a Middle East-based investor. ACC Aviation’s asset management division was able to source the off-market 1998-built B737-300 Classic (MSN29327) from Star Air Cargo, an... more
Did piracy take a break?
There is a moderate reduction in piracy activities worldwide, as the International Maritime Bureau (IMB) reports in its latest study. The IMB is a department of the Paris-based International Chamber of Commerce. The reported incidents declined by 2.6% from 38 to 37 in... more