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
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Intermodal solution for Zimbabwe created
CMA CGM is introducing a new dedicated service offering with an eco-friendly intermodal solution to serve the dynamic Harare province in Zimbabwe as an addition to the two existing services via Beira (Mozambique) and via Durban (South Africa). As of May 2022, the new... more