The beat goes on for DHL
Deutsche Post DHL Group remains a winner in recent trends and developments. Confirming its preliminary figures announced for 2020 in January, the Germany-headquartered group was able to raise its revenues by 5.5% year-on-year to EUR 66.8 billion and witnessed a substantial... more
Smarter ports with 5G private networks
Ericsson has released its new Connected Ports report, describing smart use cases that aim to optimise port operations. According to the World Bank, trade represented more than 60% of the world's gross domestic product (GDP) in 2019, with maritime transport playing by far the... more
Postpandemic commitment
Network Airline Services (NAS) have renewed their GSA contract with Rwandair in Germany and France, cementing the relationship for a further two years. During the pandemic, the central African carrier has continued to operate flights, with their A330, to and from Europe,... more
A new connection to Libya
It was in April 1975 when the vessel "Vento di Ponente" started its first voyage to Tripoli and Bengasi carrying 175 containers. Since then, Tarros Group has ensured an ongoing service between both markets. Now the group is adding new bi-weekly service, Italy Libya... more
Importance of increasing automotive charters
Since the New Year, IAG Cargo, the cargo division of International Airlines Group (IAG), has transported over 8,000 t of automotive spare parts. A significant proportion of these shipments were delivered via 95 charter flights utilising the group’s B777s and B787s and arranged... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
Iata regional VP, Africa & Middle East
Kamil Al-Awadhi assumed his new position as Iata's vice president for the region Africa & Middle East (AME) on 1 March 2021. Succeeding Muhammed Albakri, who has been appointed senior vice president for customer, financial and digital services, Al-Awadhi will lead Iata's... more
Hungarian coaches for Egypt
DHL is supporting Dunakeszi Járműjavító Kft to transport the largest order of rolling stock in the country's history. 676 passenger coaches will be delivered from the production site in Dunakeszi, Hungary, to Egypt within a period of 32 months. DHL will manage the end-to-end... more