Railfreight business booming in Saudi Arabia 
Saudi Arabia Railways (SAR) achieved an increase of 25% in freight transport in Q1/2022, transporting more than 5.5 million t of minerals and goods compared to the same period of 2021. Furthermore, the quantities of cargo transported by rails over the first quarter... more
Stable deterioration of reliability
The Copenhagen-based maritime consultancy Sea-Intelligence reports that global schedule reliability is continuing its trend of 2021. In April 2022, schedule reliability declined further by -1.3 percentage points compared to March and was down by -4.7 percentage points compared... more
Which cure for the maritime crisis?
Four government advisors and decision makers representing four global regions were present on Fiata's panel entitled “Moving Forward: What are the Solutions to the Maritime Crisis”, a side event of the Fiata HQ Meeting in Geneva on 20 May 2022. Together, they examined how... more
Iata and ICP to improve air cargo security in UAE
The International Air Transport Association (Iata) and Federal Authorities for Identity, Citizen, Custom and Port Security (ICP) in United Arab Emirates (UAE) have agreed to work together on the deployment of a pre-loading advance cargo Information (Placi) system in UAE. UAE... more
Etihad Cargo picks Tim Isik
Etihad Aviation Group’s cargo and logistics arm Etihad Cargo has appointed Tim Isik as vice president, commercial. Based in Etihad Cargo's headquarters in Abu Dhabi, Isik will oversee the carrier's global commercial operations. He is joining Etihad Cargo from American... more
Mauritanian airport aims to play bigger role
Afroport Mauritanie, a joint venture between Abu Dhabi-based Afroport Airport Services and the government of Mauritania, was appointed operator and ground handler at Nouakchott airport in 2018. It has now achieved its Isago certification. According to the audit... more
The return of the idle fleet?
According to the Swedish maritime platform provider Xeneta, carriers are starting to "balance demand and capacity to protect rates." A capacity reduction of 517,300 teu - or 25% of the initial capacity offering - was witnessed on the Far East to US West Coast corridor... more
ZIM's new outlook on 2022
For the Haifa-headquartered shipping company ZIM, business in Q1/2022 continued the previous year's trend. Unlike some other carriers, ZIM was able to grow its volumes by 5% compared to Q1/2021. The company's adjusted ebitda amounted to USD, 2.5 billion, while net profit reached... more
WCI on a stable high
Drewry's World Container Index moved sidewards (-0.1%) this week, maintaining the level of USD 7,648.18 per feu. A comparison with the same period in 2021 shows the difference. The WCI is 24.7% higher than the same week in 2021. In detail, freight rates on Los Angeles –... more