Declining volumes, but waiting for virus impact
According to Iata, global air freight demand decreased by 3.3% in January 2020, compared to January 2019. Cargo capacity rose by 0.9%, outstripping demand growth for 21 consecutive months. Airlines in Asia-Pacific (-5.9%) and Europe (-3.7%) suffered sharp declines, while North... more
Emirates sets new compliance standards
Henrik Ambak (left), Emirates Skycargo SVP cargo operations worldwide, has signed an agreement with Accuity, a global provider of financial crime compliance, payments and know your customer (KYC) solutions, to help automate and streamline its regulatory compliance screening... more
No World Cargo Symposium next week
Iata has postponed its World Cargo Symposium, scheduled for 12-15 March in Istanbul, Turkey, issuing the following statement: "Over the past few days, we have been receiving enquiries about the status of the upcoming 14th World Cargo Symposium [...]. Although there have... more
UAE orders new locomotives for the Gulf region
Etihad Rail in the UAE has contracted Progress Rail to design, manufacture, test and ship 38 EMD locomotives that are especially designed to withstand the high temperatures and humidity of the gulf region. The fleet of locomotives will be equipped with a system that filters... more
Dematic automates Israel's national library
Intralogistics specialist Dematic is installing an automatic small parts store in Israel's new national library in Jerusalem. The Dematic solution ensures that the "source of knowledge" will not dry up in the future. The new store will supply users of the library with... more
Essa Al-Saleh steps down as CEO of Agility GIL
Agility has announced that Essa Al-Saleh, the CEO of its global integrated logistics (GIL) business, will be stepping down after thirteen years in the role and twenty-two years with the company. He will be succeeded by industry veteran Chris Price, who will become GIL CEO on 1... more
Delivering Saudi Arabia's most significant horse race ever
Instone Air has been working with Luck Greayer Bloodstock Shipping (LG), combining their bloodstock transportation expertise to support the world’s most valuable horse race, The Saudi Cup, which takes place in Riyadh today, 28 February 2020, and tomorrow, offering prize money of... more
Silkway serves Silk Road, Qatar Airways reduces
Azerbaijan's Silkway West Airlines has kept up its scheduled and charter flights connecting China in these challenging and turbulent times. With more than 20 flights weekly through its global hub in Baku, Silkway is continuing operations with a mix of charter and scheduled... more
Cargojet continues to rise
The Canadian air cargo carrier Cargojet has announced financial results for the fourth quarter and year ending 31 December 2019. Total revenues were CAD 486.6 million (EUR 340.4 million), an increase of CAD 31.7 million (EUR 22.2 million) or 7.0% versus the previous year.... more
Rearranging Middle East services
Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express (ONE) and Yang Ming, the members of The Alliance, have specified the changes to their network they announced in January 2020 and released updated details concerning their service network on the Asia-Middle East... more