Plans for intercontinental capacity clarified
PSI Air 2007, a Philippine airlines that began flying in 2020, has acquired its first widebody jet, a B777F, to be used in launching in-house intercontinental cargo flights. In its application to the US department of transportation for exemption authority and a foreign air... more
A big takeover for Abu Dhabi Ports
In mid-September 2022, the Abu Dhabi Ports Group completed the acquisition of a 70% equity stake in the Egyptian companies Transmar International Shipping Company (“Transmar”) and Transcargo International (“TCI”). The total value of the transaction amounts to AED 514 million... more
Inspiring young logistics professionals
Karina Perez Perez, the finalist from Fiata’s Americas region, representing the Canadian International Freight Forwarders Association (Ciffa), is 2022’s top ‘Young Logistics Professional’.The International Federation of Freight Forwarders Associations (Fiata) and TT Club, an... more
A future for the port of Belawan
According to Reuters a new partnership has been set up to jointly develop the Belawan New Container Terminal (BNCT) in Sumatra. The partners are the Indonesian state-owned port operator Pelindo, a consortium based on the country's sovereign wealth fund INA and the Dubai-based... more
An automotive alliance in the Middle East
Bahri Logistics, the logistics arm of the former National Shipping Company of Saudi Arabia, has inked an agreement with the Germany-headquartered Mosolf Group, a European service provider for the automotive industry. The partners plan to establish and develop an automotive... more
Saudis expand railfreight network
As part of a massive investment strategy, Saudi Arabia Railways (SAR) is planning to expand its railway infrastructure from around 5,000 km to 8,000 km. The plans include the multi-billion dollar flagship "Land Bridge" project, which will stretch more than 1,300 km... more
Next (digital) generation
Qatar Airways Cargo says it's aiming for reliable information, fast access, and efficient interactions in its digital transformation strategy – with its customers in mind, but also for its employees. Its "Next Generation" approach is also intended to make the carrier... more
Round-the-clock in Abu Dhabi
After Dubai, Scan Global Logistics (SGL) is opening its second office in UAE in Abu Dhabi in 2022. Located in the Abu Dhabi Airport free zone, the new office is equipped with a dual licence for a free zone and a mainland company for offshore and onshore requirements. The... more
Jamal Salem Al Dhaheri to lead Abu Dhabi Airports
Abu Dhabi Airports, operator of five airports in the nation’s capital, has appointed H.E. Jamal Salem Al Dhaheri as managing director and CEO. A seasoned business executive, Al Dhaheri is taking over from Shareef Hashim Al Hashmi. His aim will be to take the organisation to... more
Investors for MENA "trukker" platform
The IPO round for the privately-held Trukker Holding, a major digital freight network active in Saudi Arabia, UAE, Egypt and neighbouring countries, is underway. Investcorp led the initial close of this round with USD 51 million investment alongside new and existing... more