Agility's acquisitions pay off in Q1/2023 
Kuwait-based Agility ended Q1/2023 with earnings of KWD 15.3 million (EUR 45.7 million), an increase of 20% over the same period in 2022. Agility’s ebitda increased 78.1% to KWD 60.4 million (EUR 180.5 million) and revenue grew 142.7% to KWD 320.5 million (EUR 958 million).... more
Beyond (east of) Munich: Japanese buy Cargo-Partner
The deal was signed on 12 May 2023: Japanese stock-listed Nippon Express Holdings (NX), which is also the parent company of Nippon Express, APC, Franco Vago and others, reached an agreement with the Austrian Cargo-Partner Group Holding and its subsidiaries Multi Transport und... more
Three new logistics estates in Asia
Since forming a strategic partnership with Macquarie Asset Management in 2021, logistics real estate developer Unified Industrial (UI) has expanded its investment activities through three new ventures – two in Japan and one in China. The first two ventures have now been... more
Anglo-Eastern uses Wärtsilä’s FOS
Wärtsilä, a specialist for innovative technologies and lifecycle solutions, is partnering with DNV’s industry cloud platform Veracity to create secure and seamless connectivity between Wärtsilä’s fleet optimisation solution (FOS) and the platform. FOS provides a unique... more
Attention – data theft! 
A joint charter by Fiata and GSF. Digitalisation is the order of the day in logistics too. Without data security its development is at risk, however. Fiata and GSF show how it should be done. more
One more year for Cainiao and Saudia Cargo
Cainiao Network, Alibaba Group's logistics arm, and Saudia Cargo have signed a new twelve-month "space and service commitment" agreement which commenced on 1 April 2023 and will run till 31 March 2024. It reserves exclusively selected SACC freighter flights from Hong... more
Name change at the age of 45
Europe-based global logistics company Boltas is moving forward: With 45 years of experience, it continues to grow with its offices, warehouses and employees in Germany, Turkey, Italy, Romania and France. After having operated under the name of Çobantur Boltas for nearly half a... more
Rob Crisci joins Lineage Logistics
Lineage Logistics, a global provider of temperature-controlled industrial Reit and logistics solutions, has appointed Rob Crisci as chief financial officer. Crisci brings more than 25 years of financial leadership experience in the industrial and technology sectors. He will... more
Magma Aviation: first regular flights into China
Magma Aviation has added its first regular scheduled flights to China to its roster. The company’s China operations address a growing demand and broaden its access to customers in the Apac region. Available three to four times per week on a B747-400F, the routing is a return... more
Logistics with added value
Dachser has signed a joint venture agreement with the Japanese logistics company Nishi-Nippon Railroad. Dachser Japan K.K.’s first office will open in Tokyo at the end of 2023. As part of Dachser's global network, the Japanese location will offer air and sea transport with... more