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
A 'Global Control Centre' for IAI
IAI, an aerospace and defence company, has launched its ‘global control centre’ (GCC) system which was developed for managing and monitoring major projects, most notably the international aircraft conversion programmes that it conducts in Israel and around the world. The... more
Red Sea crisis boosts road alternatives
The TIR system ensures that goods flow smoothly between East Asia, the Middle East and Europe. Following the Red Sea crisis, major transport companies have in recent weeks bypassed the Red Sea by opting for land-based alternatives through the Middle East and Gulf Cooperation... more
Tightening ties between the UAE and Africa
Astral Aviation, a cargo airline based in Nairobi (Kenya) with an extensive network in Afrika, and Etihad Cargo, the cargo and logistics arm of Etihad Airways, successfully completed the inaugural flight to Abu Dhabi (UAE) on 21 March. This flight followed a memorandum of... more
AD Ports invests in the Middle Corridor
The group is acquiring a 60% stake in the Tbilisi Dry port from Inveco. The facility is a new custom-bonded and rail-connected intermodal logistics hub in Georgia, situated on the Middle Corridor connecting Asia and Europe. The terminal is expected to be operational by... more
New presidents for Apac and Imea
Chapman Freeborn, a global air charter specialist and part of Avia Solutions Group, has appointed Mark Thibault (left) as president, Asia Pacific (Apac) and Alain Champonnois (right) as president, India, Middle East & Africa (Imea) as it looks to expand its presence in both... more
A pharma hub in Abu Dhabi
The Logistics Park phase 5 of Khalifa Economic Zones Abu Dhabi (Kezad) is home to multiple grade A warehousing sites, now including Pharmatrade’s centre. The new temperature-controlled facility will enable the company to expand its storage and distribution services for... more
New presence in Liège
Cooperation agreement between Saudia Cargo, Cainiao, WFS. Delivered as booked at Liège airport! Three partners presented a new e-commerce business model there for the air cargo supply chain on 1 March. The cooperation agreement was already sealed in Jeddah in November last year... more
DP World reports 2023 financials
DP World has announced its financial results for 2023, which show a 6.6% revenue growth to USD 18,250 million and a 1.9% uptick in adjusted ebitda to USD 5,108 million. The company's profit for the year decreased by 17.7% to USD 1,514 million due to higher finance costs. Cash... more