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
Not identical twins
New alliance to be launched in 2025 – the Gemini Cooperation. Maersk is leaving 2M, and Hapag-Lloyd freeing itself from The Alliance, in order for the two new partners to set up an alliance in 2025. By then the other major carriers will surely also have come together in new... more
AED 621 million for Abu Dhabi hubs
Khalifa Economic Zones Abu Dhabi (Kezad Group) is investing AED 621 million (EUR 157 million) in several new developments in the United Arab Emirates, which will boost its warehousing capacity by 43%. Its building project in the Khalifa Industrial Area will cover 97,500 sqm of... more
Iata Ceiv Li-batt for Etihad Cargo
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved the International Air Transport Association's centre of excellence for independent validators lithium batteries (Ceiv Li-batt) certification. The carrier is the third Middle Eastern airline to attain this... more
Relief from Brindisi to Gaza
The cargo division of Air Partner, a global full-service logistics provider headquartered in London, recently completed a cargo operation to transport 92 t of humanitarian relief for people in Gaza, a total of over 39,000 items including blankets, fleeces, and hygiene kits.... more
Qatar Airways Cargo picks new COC
Qatar Airways Cargo has appointed Mark Drusch as chief officer cargo, effective immediately. With over 25 years in senior airline management roles, Drusch is a well-known figure in the aviation sector. His most recent role was SVP revenue management, alliances, and strategy... more
Hope and disruption at the end of 2023
According to recent data published the International Air Transport Association (Iata), global full-year demand in 2023, measured in cargo tonne-kilometres (CTKs), was down 1.9% (-3.6 compared to 2019). But December 2023 saw an exceptionally strong performance with the global... more
JAL Cargo picks digital booking platform
Webcargo by Freightos, a digital booking and payment platform for the international freight industry, has partnered with JAL Cargo, the cargo arm of Japan Airlines (JAL). Freight forwarders already using Webcargo will now be able to e-book for JAL’s air cargo capacity to Japan... more
Africa Logistic Properties welcomes CEO
Africa Logistics Properties, part of Maris’ property division, has appointed Raghav Gandhi, a real estate professional specialising in emerging markets, as its new CEO. Gandhi moved to Kenya in early 2020 to establish and subsequently manage two student accommodation REITs... more