Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
ZIM sees volumes rise
ZIM has reported its consolidated results for the full year 2021: the Haifa-based carrier handled 3.48 million teu over the year, an increase of 23% compared to the same period last year, thus recording a stronger performance in this field than a number of other players in the... more
Etihad Cargo sets new revenue record
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, achieved record revenue growth 49% in 2021 with a 27% year-on-year increase in freight carried, contributing towards 55% of the group’s revenue. “The Etihad Cargo team has worked more closely than ever with... more
Maersk appoints Aruna Hussain
Maersk has named Aruna Hussain as managing director of Sealand – A Maersk Company, Europe & Med. She started her career at Maersk in 2000, where she worked in liner and trade roles in Pakistan and UK before moving to Damco in Pakistan. After several years with Maersk,... more
A new low in reliability on the seas
Copenhagen-based Sea-Intelligence has analysed the schedule reliability figures up to and including January 2022. As expected, schedule reliability lost again to reach 30.9% "the lowest ever global schedule reliability since Sea-Intelligence started the measure in... more
Qatar improves relations with Iran
According to a report published by the consulting agency Dezan Shira & Associates, Iran and Qatar plan to establish regular shipping links between the ports of the two countries. The countries also agreed to expand cooperation between Qatar Air and Iranian airlines.... more
ITJ exclusive: Qatar Airways flies for Cainiao
Following the recent expansion of its business with Atlas Air, Cainiao, the logistics arm of Chinese e-commerce giant Alibaba, will fly goods from Hong Kong to São Paulo-GRU via Doha on B777 freighters operated by Qatar Airways Cargo. The service will begin tomorrow, 5 March... more
IRS to focus on "innovating rail"
The 11th International Railway Summit (IRS), which will be organised in association with the International Union of Railways (UIC), will take place in Berlin (Germany) on 30 May – 1 June 2022. The topic will be ‘Innovating rail for people, planet and prosperity’. The... more
Joramco continues partnership with DHL
Joramco, the Amman-based MRO provider and engineering arm of Dubai Aerospace Enterprise (DAE), has announced the continuation of its maintenance agreement with the global delivery company DHL, which commenced in 2017. The new deal covers heavy checks on four of DHL’s Airbus... more
Milestone for K+N's roadmap in 2021
Despite the tense political situation in East-Central Europe, the mood in Schindellegi is bright, as the freight forwarder set records almost across the board in 2021. When asked directly about the company's involvement in the Ukraine conflict, CEO Detlef Trefzger said that... more