Another acquisition for DP World
It is the next coup in the logistics sector: DP World is purchasing all the shares of Syncreon for an enterprise value of USD 1.2 billion. Syncreon is a US global logistics provider that was formed in 2007 when Dublin-headquartered Walsh Western International bought TDS... more
Geodis builds next bridgehead in Morocco
France-based logistics provider Geodis recently inaugurated a new warehouse in Mohammedia, north of Casablanca, where it is already well-established. The facility will be used to serve a manufacturer of household appliances and telecommunications. The 11,000 sqm warehouse,... more
Fiata and ICHCA join forces
Fiata (International Federation of Freight Forwarders Associations) as global representation of freight forwarders and the International Cargo Handling Coordination Association (ICHCA) have renewed their memorandum of understanding (MoU) and thus reinforced the ties between the... more
Ore export railway opened
The African SMB-Winning Consortium, Africa, which specialises in bauxite production, has inaugurated a new 125 km railway line in Guinea. Connecting important storage towns between Boké to Boffa with the river port of Dapilon, the new link will now transport ore destined for... more
Kenya Airways returns to Milan
After an absence of over 30 years, Kenya Airways returns to Milan today, 30 June 2021. Until 30 September, the East African airline will offer two flights a week between its Nairobi hub and MXP. They will be operated with B787-8, which have almost 125 cbm of underfloor space for... more
DP World drives Somaliland's maritime links
DP World recently inaugurated the new container terminal at Berbera Port, Somaliland, following completion of the first phase of the port’s expansion at the Horn of Africa. The new terminal was opened at an official ceremony which was also attended by a delegation from Ethiopia.... more
IAPH names winners of sustainability awards
The International Association of Ports and Harbours (IAPH) has announced the winners in seven categories which honour efforts to support its world ports sustainability programme. MPA Singapore won in the category “resilient digital infrastructure” for its “digital port... more
Easy access to air cargo data for Africa
Hong-Kong-based neutral air cargo solutions group Aero Africa recently launched its digital airfreight rate platform to cater to the needs of the African freight and logistics community. It will be available exclusively to freight forwarders and transport-related companies,... more
Black series with Let L-410 continues
Two L-410s crashed in unrelated incidents last week. While four parachutists out of a total of 19 people on board lost their lives in the crash of the aircraft with registration RF-94603 in Siberia, the failed take-off of a Kin Avia aircraft at Bukavu Airport (BKY), DRC, was... more
MOL's Mauritius fund ready for action
Japanese carrier MOL has established the "MOL Charitable Trust" in the Republic of Mauritius as part of its actions to address the impacts of an oil spill, which occurred when the MV "Wakashio", a bulk carrier chartered from a subsidiary of Nagashiki... more