CMA CGM serious about air division
A long-held dream has come true. The French shipping group CMA CGM Group is establishing its own specialised airfreight division.The carrier's first move to buy a 30%-stake in the Group Dubreuil, owner of the long-haul airlines Air Caraïbes and French Bee, didn’t materialise.Now... more
Aramex makes the day
Dubai-based CEP provider Aramex has reported its financial results for 2020. The revenues for the year amounted to AED 5.51 billion (USD 1.49 billion) a surge of 9% compared to 2019. The booming e-commerce activities left their mark over the year. Aramex’s international... more
10th country joins WLP
The World Logistics Passport (WLP), a policy initiative launched by the state of Dubai in 2019 to increase trading opportunities between emerging markets, has welcomed Israel as a participant in the programme. As the tenth country to enter the WLP, whose trade strategy and... more
DP World balanced in 2020
Container volumes continued to flow via DP World in 2020. Throughout the first year of the pandemic, DP World handled 71.2 million teu, volumes developed sidewards (+0.2% on a like-for-like basis). This was possible due to a strong performance in Q4/2020, during which the... more
Index dampens hopes of fast comeback
According to the recent Agility Emerging Markets Logistics Index, 51.5% out of 1,200 industry professionals surveyed don’t expect a full economic and logistics recovery until 2022 to 2024. They see Latin America and Sub-Saharan Africa as the last regions to bounce back. It... more
New GCC cross-border express road service
Logistic provider Agility and last-mile delivery and e-commerce specialist Shipa have launched a bonded, express road freight network to connect businesses and consumers in the GCC. The new service provides customers with less-than-truckload (LTL) and full truckload (FTL)... more
La Couverture covered by Unilode
Outsourced ULD management and repair services provider Unilode and MdG Group, a supplier of cold chain products and services for the food and pharmaceutical sectors, have signed a long-term agreement concerning La Couverture, a new product developed and manufactured by MdG... more
GAC opts for QFZA
The Qatar Free Zones Authority (QFZA) and GAC, a provider of shipping, logistics and marine services, have agreed on the establishment of a GAC contract logistics facility and office in the Ras Bufontas Free Zone. The virtual signing ceremony was attended by Ahmad bin... more
UAE carriers extend handling contracts in Munich
Emirates from Dubai and Etihad Airways from Abu Dhabi continue to place their trust in AeroGround Flughafen München. The two Arab airlines have both extended their contracts with the subsidiary of Munich Airport that specialises in aircraft handling by several years. The... more
Qatar Airways Cargo to begin Webcargo rollout
From Sunday, 7 February 2021, Qatar Airways Cargo will provide forwarders with real-time pricing, capacity, and eBookings via Webcargo, a Freightos Group company headquartered in Barcelona. Rollout will begin with France, Germany, Italy, Netherlands, South Africa... more