Kuehne stays on the rise 
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Two platforms soon to merge
The holding has given the green light. Icontainers, an online freight platform heaquartered in Barcelona, is to merge with the digital freight forwarding branch, Dubai-based Shipa Freight. The combined company, wholly owned by Agility, will offer standard air and ocean... more
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
Leaving Basel after almost ten years
AFG Aviation Ireland has sold a B747-8JA (serial number 40065) to Boeing. The wholly owned subsidiary of Aircraft Finance Germany ferried the aircraft on 15 April 2022 from Basel, Switzerland to Marana, Arizona, where it will very probably be scrapped. Yet the wide-body aircraft... more
DP World moving up steadily
DP World saw its throughput rising in Q1/2022. The operator handled a total of 19.3 million teu worldwide, with gross container volumes increasing by 1.7% year-on-year on a reported basis and up 1.9% on a like-for-like basis. Notably the terminals in the ports of Qingdao... more
Opening doors to the next generation
A group of students currently studying logistics and supply chain management at Auburn University in Alabama (USA) were given an exclusive, behind-the-scenes air cargo familiarisation tour at Atlanta Airport (Georgia) on 25 March 2022. It was a joint initiative planned by... more
Latin America and Africa need new approach
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... more
Conquering US roads
Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, has appointed Accelerated, headquartered in Nashville, and Jet Airways, based in Los Angeles, as its RFS providers for US customers. These partnerships aim to expand the carrier's... more
Roll FTE sees the light of day
It is a European-Arabian joint venture. Saudi Arabia-based FTE Heavylift and Netherlands-based Roll Group will cooperate on services for heavy lift transports, installation and marine works for the Saudi Arabian market. To that end, the Roll Group and FTE Heavylift divisions... more
Top ten handle 25% of world record cargo volumes
Airports Council International (ACI) World has published the top ten busiest airports worldwide for 2021. Air cargo had its volumes increase by close to 15% year-over-year (+3.5% versus 2019), to an estimated record 124 million t in 2021. Volumes at the top ten airports,... more