A record year for AD Ports
AD Ports Group has reported strong operational and financial performance for 2023, with revenue more than doubling year-on-year to AED 11.68 billion (USD 3.2 billion). Ebitda rose 23% year-on-year to AED 2.67 billion (USD 0.73 billion), with net profit increasing 6% to AED 1.4... more
Keeping electronic devices safe onboard
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has introduced Securetech, the ninth addition to its suite of premium products. The tool is designed to ensure a safe and secure transport of consumer electronics, including mobile phones, laptops, tablets, and other... more
Making livestock fit for re-export?
Australia's department of agriculture, fisheries, and forestry (Daff) reports that all livestock from the “MV Bahijah” have been discharged and trucked to premises in Western Australia. The carrier had loaded cattle and sheep in Fremantle Port bound for the Middle East but... more
KQ Cargo shifts into higher gear
Kenya Airways Cargo (KQ Cargo) has expanded its network to include direct cargo flights between Sharjah in the United Arab Emirates (UAE) and Mogadishu in Somalia. The new route will be served once a week, effective 9 February 2024, with the frequency to grow to two weekly... more
Scrap metal instead of cut flowers
It's not just flowers that have been flown from South America to the USA these days. On 12 February, the US department of justice completed the enforcement of a final order for forfeiture of a B747 cargo plane, previously owned by Mahan Air, a sanctioned Iranian airline... more
Bolstering regional project logistics
The international logistics and transport company Asstra Associated Traffic has welcomed Daniel Staples to its executive team. His career spans over three decades in the logistics sector and more than twenty years in the Middle East and Africa region. Staples will focus on... more
From Siemens to Daimler Truck
Eva Scherer will join Daimler Truck Holding’s supervisory board on 1 April 2024. Her current position is executive vice president and global head of investor relations at Siemens. Scherer started her professional career in 2003 as a trainee at Siemens, and then held various... more
A JV for sustainable supply chains
Aramco and DHL Supply Chain have formed a joint venture to tackle sustainability issues in modern supply chain solutions. The JV, dubbed Asmo (advanced supply management operations), will combine Aramco’s energy ecosystem with DHL’s logistics experience and respond to growing... more
Air cargo rates: a new moon rises
Ahead of the Lunar New Year on 10 February, World ACD has reported a strong increase of rates for air cargo shipments from China to North America (+14%) and to Europe (+8%), although rates are still well below their level in early December. The analysis reveals that, in... more
UAE and Pakistan clinch port deal
AD Ports Group and Karachi Port Trust have signed a 25-year concession agreement for bulk and general cargo operations at Karachi Port, Pakistan. The joint venture, Karachi Gateway Terminal Multipurpose Limited, will manage berths 11-17 at the East Wharf, aiming to enhance... more