War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
Qatar Airways Cargo stands with the children
After Chapter 1, "One Million Kilos", and Chapter 2, "Rewild the Planet", Qatar Airways Cargo has announced Chapter 3 of its "We Qare" programme. "Let's Stand Together" wants to convey the idea that together we can achieve great things. It... more
Saudia Cargo and Cainiao strengthen partnership
The success of last year's cooperation agreement with Cainiao Network, the logistics arm of Alibaba Group, has enabled Saudia Cargo to achieve significant growth in e-commerce shipments this year. ITJ wrote an article about this cooperation last year. The agreement created a... more
Ethiopian Airlines MRO begins first P2F in Africa
Ethiopian Airlines MRO recently celebrated a milestone on B767 passenger to cargo conversion as the first conversion site in Africa, in collaboration with Israel Aerospace Industries (IAI), was opened in the presence of His Excellency Ambassador Alelign Admasu, ambassador of... more
Making dangerous goods transport safer
The international freight transport insurer TT Club is calling for more security and safety in lithium battery supply chains. This statement follows a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium... more
Newly-founded OSL enters agreement
Industry veterans Peter Brun, Lars Kjærulf-Møller, Emil Hersbøll and Svend Heisselberg have founded Ocean Shipping & Logistics (OSL), which is to operate from its hub in Aarhus, Denmark. The new company decided to directly join forces with the GAC Group. The joint... more
World trade in March: the calm before the storm?
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) went up in 2022, rising by 1.6 points to 119.2 points (seasonally adjusted), according to the latest flash estimate.... more
ONE launches new service
The Singapore-based Ocean Network Express (ONE) is launching a new service calling ports in Dubai, India and Mozambique. The MIM (Mozambique - India - Middle East) service will offer direct and bi-weekly connections to Jebel Ali, Mundra and Maputo, including transhipments to... more