Air cargo rates: a new moon rises
Ahead of the Lunar New Year on 10 February, World ACD has reported a strong increase of rates for air cargo shipments from China to North America (+14%) and to Europe (+8%), although rates are still well below their level in early December. The analysis reveals that, in... more
Atlantic partners
The ECS Group and Royal Air Maroc Cargo are a team. Routes linking the Americas and Africa don’t often play a key role in the international airfreight industry. October last year thus saw a crucial move when Royal Air Maroc (RAM), one of Africa’s largest air cargo providers,... more
More African firms to gain access to railfreight
The African Development Bank (AFDB) will lend USD 40 million to the Mozambique Rail and Port Authority (CFM) to buy rolling stock for the Ressano Garcia railway line. The 88 km stretch is part of CFM's main corridor connecting the port of Maputo and the South African border.... more
Cosco expands in North Africa
Cosco Shipping Lines has opened a new branch in Casablanca. Cosco Shipping Lines (Morocco) aims to strengthen trade between North Africa and the rest of the world, as part of Cosco Shipping Europe's strategy to improve links via its "big corridor and three networks"... more
Relief from Brindisi to Gaza
The cargo division of Air Partner, a global full-service logistics provider headquartered in London, recently completed a cargo operation to transport 92 t of humanitarian relief for people in Gaza, a total of over 39,000 items including blankets, fleeces, and hygiene kits.... more
Hope and disruption at the end of 2023
According to recent data published the International Air Transport Association (Iata), global full-year demand in 2023, measured in cargo tonne-kilometres (CTKs), was down 1.9% (-3.6 compared to 2019). But December 2023 saw an exceptionally strong performance with the global... more
Africa Logistic Properties welcomes CEO
Africa Logistics Properties, part of Maris’ property division, has appointed Raghav Gandhi, a real estate professional specialising in emerging markets, as its new CEO. Gandhi moved to Kenya in early 2020 to establish and subsequently manage two student accommodation REITs... more
Long sea route causes delays
In its latest Global Liner Performance (GLP) report, the Copenhagen-based maritime consultancy Sea-Intelligence analyses the schedule reliability figures of the big carriers up to and including December 2023. Because of the Red Sea crisis, global schedule reliability... more
Efis Maroc incorporated
Founded in 2001, Efis Maroc has officially merged into ECS Group. Offering GSSA and air cargo services, the team based in the company's headquarters in downtown Casablanca specialises in air, road, and logistics. Its expertise includes supervising the handling of special... more
More than half way there
Good news from Baku. The Caspian Air Cargo Summit, which Michael Mackey attended for the ITJ at the end of last year, had two clear messages for the industry. One was the emergence of Azerbaijan as a hub for air traffic between east and west. The second one was that the industry... more