Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
Duo takes off at Europa Air & Sea
Jasraj (Jas) Singh (left) and Tom Macdonald (right), who both joined Europa Air & Sea as business development managers four years ago, have both been promoted to territory sales managers. They both have extensive experience in air and sea freight with TNT and UPS and will... more
Active Ants extending its outreach
In September 2022, Active Ants, an affiliate of the Belgian Bpost group, is launching its fifth fulfilment centre in UK. The site is located in Northampton, England and is owned by M&G Real Estate. After opening two sites in the Netherlands, Active Ants has also recently... more
Walker Logistics appoints new CFO
David McAvoy has joined order fulfilment specialist Walker Logistics as chief financial officer. McAvoy has many years of experience as a senior finance professional. His most recent role was with the holiday cruise ship company Carnival UK, where he worked as assistant director... more
Support for two Ukrainian hauliers
The European Bank of Reconstruction and Development (EBRD) and its donors are providing emergency technical assistance to to Ukrposhta and Nova Poshta, Ukraine’s two largest delivery companies. Since the start of the war in Ukraine, both hauliers have had to re-arrange their... more
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
MSC wants more
Clarksons reports that the Mediterranean Shipping Company (MSC) has ordered its next round of container newbuilds. This time, the Swiss shipping company has opted for wharfs in both China and South Korea to build 14 LNG capable units with a capacity 8,000 teu and six vessels of... more
Saudia Cargo and Cainiao strengthen partnership
The success of last year's cooperation agreement with Cainiao Network, the logistics arm of Alibaba Group, has enabled Saudia Cargo to achieve significant growth in e-commerce shipments this year. ITJ wrote an article about this cooperation last year. The agreement created a... more
First hybrid vessel delivered to Finnlines
It is the first vessel to be delivered to Finnlines as part of its EUR 500 million newbuilding programme - and an ecological leap forward. “Finneco I”, a hybrid ro-ro vessel planned and ordered in 2018 with two ro-ro vessels, was built from June 2020. The construction of the... more