Rates continue to rise despite holiday periods
Despite a fall in tonnages from most regions linked to holiday periods such as Easter, Ramadan, and the Qingming Festival, worldwide air cargo rates have continued to rise into the first week of April. According to the latest weekly figures and analysis from World ACD Market... more
HFW continues global shipping growth
The global law firm HFW has been advising clients in the maritime shipping industry for more than 140 years. It has over 200 shipping lawyers and 13 master mariners worldwide, specialising in dry shipping, admiralty and crisis management, and transactional work for clients in... more
MAN builds first trucks with hydrogen drive
The German commercial vehicle manufacturer will deliver the small series, initially planned with around 200 units, to customers in Germany, the Netherlands, Norway, Iceland and selected non-European countries as early as 2025. It is the first European truck manufacturer to... more
Best European partner for WCA World
Unsworth, a UK-based freight forwarding and logistics company, has been named as WCA World's best European partner following an independent vote by the members of the world's largest network of freight and logistics businesses. The company was presented with the award at the... more
Linking Batumi with North Africa and Spain
Batumi International Container Terminal (Bict) in Georgia, a subsidiary of International Container Terminal Services (ICTSI), will enhance its connections to North Africa and Spain with the launch of Mediterranean Shipping Company's (MSC) improved Batumi – Gioia Tauro service... more
Deal inked for Al-Faw port development
AD Ports Group has signed a preliminary agreement with the General Company for Ports of Iraq to develop Al-Faw Grand Port and its economic zone. The collaboration seeks to enhance trade connectivity and strengthen the economic partnership between the UAE and Iraq. It... more
Where, if not here?
Looking back at the 18th Iata World Cargo Symposium, Hong Kong. This year’s World Cargo Symposium (WCS), with 1,948 participants from 73 countries, was Iata’s strongest conference to date. The ITJ was there for you – and came back with varied impressions of the largest cargo... more
From Jordan to Pakistan
In its annual report for 2023, AD Ports Group looks back on a year of international expansion, strategic acquisitions, and financial growth. The integration of Noatum, a worldwide logistics platform, and agreements in Jordan, Egypt, Pakistan, Republic of Congo, Kazakhstan,... more
Twice a week to Mumbai
Challenge Group will use the added capacity of its second converted B767 freighter to establish a scheduled route between Mumbai (BOM) and Liège (LGG), operating twice weekly. The new scheduled flight creates a direct link between strong economic geographies with operations... more
An agile financial performance in 2023
The Kuwait-based supply chain service provider Agility reported a successful performance in 2023, with its net profit totalling USD 270 million. Ebitda was up by 42.4% to over USD 835 million despite macroeconomic challenges. In particular, the company’s investments benefitted... more