Aramex lost momentum in Q4/2022
Dubai-based Aramex has reported its preliminary financial results for the company’s Q4/2022 and FY/2022. In Q4/2022, the group concluded the acquisition of My US, a global technology-driven platform that enables cross-border e-commerce. In total, Aramex’s FY/2022 revenues... more
New shuttle service in East Med
Singapore-headquartered Ocean Network Express (ONE) is launching a new service, the Israel Express (ILX). This weekly Israel shuttle will connect Israel to the hub of Damietta in Egypt. The service was created in response to the growing demand for both import and export... more
Saudia Cargo awards multi-station contract to WFS
Saudia Cargo has officially awarded a multi-station contract to Worldwide Flight Service (WFS), which significantly extends cargo handling services across major key airport gateways in Europe and USA. The contract was formally signed by Teddy Zebitz, CEO of Saudi Cargo, and... more
Cargo growth for Bengaluru Airport
For the second year in a row, Bengaluru airport has gained the title of No.1 airport for perishables in India. It is now identified as the country’s third busiest airport processing international cargo. BLR Airport is South India's sole airport and India's second airport to... more
E-trucks emit 63% less GHG than diesel
According to a study published by the International Council on Clean Transportation, battery electric trucks (BEV) produced in Europe today can deliver the largest greenhouse gas (GHG) emission reductions over their lifetime. A 40-t BEV that was put into service in 2021... more
From Italy to the world
A new alliance between Nova Systems and the Levia Group. ‘BeOne’, Nova Systems’ tried-and-tested ERP management software, is the main player in a partnership between the logistics IT provider from Verona and the Levia Group. The partners are set to leap into the international... more
Etihad Cargo: more flights to Europe
Etihad Cargo, the cargo and logistics arm of Etihad Airways, will offer increased capacity to the European market via two new gateways and the introduction of two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany. The carrier will also add... more
Qatar Airways Cargo's flower power
Valentine’s Day has become a key date in Qatar Airways Cargo’s business calendar. This year, the Middle Eastern carrier has transported over 4,000 t of flowers over a two-week period. Exported from two main areas, Colombia and Ecuador in Latin America, Kenya and Uganda (via... more
Ofac adding Kratol and Zitotrans to blacklist
The US department of the treasury’s office of foreign assets control (Ofac) is taking additional actions to degrade the Russian Federation’s capacity to wage war against Ukraine by sanctioning eight individuals and 16 entities, and four Russia-registered Ilyushin aircraft with... more
Containers galore
In a recent survey, London-based maritime consultancy Drewry analysed the amount of available containers worldwide. Drewry's senior analyst for container equipment, John Fossey, was quoted that he expected high numbers of leased boxes to be returned to leasing companies in the... more