International Transport Journal under new ownership
On 1 November 2024 the MedTrix Group transferred the ownership of the International Transport Journal (ITJ) and the associated titles ITJ Daily, Swisstrans, Worldtrans and the Swiss Shipping Guide, including all of the rights and obligations involved therein, to the Logismedia... more
Rates rise further
According to the latest analysis by World ACD Market Data, average worldwide air cargo spot rates rose by a further +5% in the last full week of October. The reasons are week-on-week (WoW) increases in spot prices from Asia Pacific (+3%), Europe (+7%), and Central & South... more
ITJ now under new ownership
The MedTriX Group and the Logismedia Group, both of which are headquartered in Basel, have come to an asset deal agreement to transfer the ownership of the International Transport Journal (ITJ) and the associated media ITJ Daily, Swisstrans, Worldtrans and the Swiss Shipping... more
IAG Cargo restarts services to Saudi Arabia
IAG Cargo, the cargo division of International Airlines Group (IAG), will resume its London Heathrow (LHR) and Jeddah King Abdulaziz International (JED) service from tomorrow, 2 November 2024. The six times weekly service will be operated by a Boeing 787 widebody aircraft... more
Port modernisation in Vietnam
Vingroup JSC and AD Ports Group have signed an MOU to explore joint development in Vietnam’s ports, logistics, and maritime sectors. The collaboration aims to modernise Vietnam’s logistics infrastructure and enhance its role in global supply chains. Vingroup will assess and... more
Pushback to the future
People are travelling and flying again. GSE Expo Europe, which took place in Lisbon in September, made it clear what’s important again on the aprons at airports after the pandemic. ITJ editor-in-chief Andreas Haug spoke to Stavros Hatziiannou, the manager in charge of sales at... more
25 years of daily Munich-Dubai flights
Since its first A310 flight on 2 November 1999, Emirates has operated 34,600 scheduled flights between Munich and Dubai. Today it covers this route twice daily with A380s. Below-deck cargo capacity of up to 60 t per route plays a key role in strengthening trade relations between... more
AI-driven revenue management solution launched
Since they signed their partnership in early 2023, Qatar Airways Cargo and Wiremind have been steadily rolling out a range of solutions for demand forecasting, inventory optimisation, and overbooking recommendations. Their most recent implementation is a bid price machine... more
Ramping up in Riyadh
Agility has embarked on the final phase of expansion at its logistics complex in Riyadh, bringing the total available space to over 551,000 sqm. Backed by an investment of SAR 250 million, this new addition of 100,000 sqm is the last part of the company’s development programme... more
Ruscon to deliver more agricultural goods
The intermodal operator and affiliate of the Russian Delo-Group recently signed an agreement with Resource to transport agricultural goods to the markets of Asia and the Middle East. The parties intend to develop transport and logistics solutions based on the existing services... more