Imperial logistics: latest results
Before the prospective takeover by DP World in February 2022, Imperial logistics has presented the figures of its last financial year, which ended 30 June 2021. Revenues were up 13% to ZAR 52.2 billion (USD 3.69 billion), ebitda rose more strongly by 22% to ZAR 4.99 billion... more
The shipper's view
According to the latest container shipping market review carried out by MDS Transmodal and the Global Shippers Forum (GSF) and distributed by the Swiss Shippers' Council (SSC), container traffic continues to grow, but the market is still in turmoil. Container flows increased... more
Senator adds Tianjin to its SAB network
Another expansion: Senator International added China to its "SAB" network on 8 September 2021. After the Hamburg-based forwarder launched its own airfreight services with the "Africa Bridge" between Frankfurt-Hahn (HHN) and Johannesburg and with the... more
Swissport takes next steps in digitisation
Swissport is equipping its cargo workers with a new mobile application and handheld devices to further digitise air cargo warehousing process and offer real-time visibility on shipments. Already operational in Basel, Frankfurt, Hamburg, Helsinki and Manchester, the app will... more
Reopening borders with historic GSA partner
Air Mauritius has selected Paris-based APG to be its general sales representative (GSA) in Germany, Italy and Switzerland. APG CEO & president Sandrine de Saint Sauveur: "APG is delighted and honoured to represent Air Mauritius commercially in these key markets. The... more
Pharma Aero examines use of UAVs
Pharma Aero, a non-profit organisation that aims to achieve excellence in reliable end-to-end air transportation for life science and medtech shippers, has published a white paper examining the use of UAVs and drones for last mile delivery of pharma products. George Fenton,... more
Egypt to electrify 660 km of its rail network
Siemens has signed a USD 4.8 billion contract with Egypt’s national authority for tunnels (NAT) to deliver a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line which will transform transportation in Egypt. The... more
Connecting two networks
Airlink Cargo South Africa and Astral Aviation from Kenya have signed an interline agreement connecting their networks. The aim of this commercial partnership is to boost airfreight logistics in Africa, providing more options and access to the Sub-Saharan market through the two... more
Will carrier profitability last?
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... more
Authorities to audit seafreight margins
The maritime shipping industry can now see a silver lining on the horizon: in July 2021, the US Federal Maritime Commission established an audit programme to assess ocean carriers’ compliance with federal regulations on detention and demurrage and to step up the federal agency’s... more