UPS picks Ufku Akaltan 
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
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
Opening new ways to Volga-Dnepr Airlines
Following the recent agreement between the administration of Moscow and the Volga-Dnepr Group, Volga-Dnepr Airlines operated its first Moscow-Delhi-Dhaka flight and return. On the outward leg, the Russian cargo airline's IL-76 brought 18 t of metal components for export to... more
FM Logistic's double strike in Asia
French logistics player FM Logistic is widening its footprint in Asia. A new multi-customer facility offering 70,000 sqm of warehouse space was recently inaugurated in India. Located in Farrukhnagar, the site is close to the Kundli-Manesar-Palwal (Delhi) highway. The... more
Boost for Western Australia’s railfreight network
Western Australia's key agricultural areas will receive an AUD 200 million (EUR 135 million) funding boost for the first four projects of the agricultural supply chain improvement (ASCI) programme. The improvements will help WA grain growers and other primary producers transport... more
Stella Wang joins Jettainer's team in Hong Kong
Jettainer, a global provider of unit load device (ULD) management services, has appointed Stella Wang in Hong Kong. Along with serving customers in the East Asia region, Wang will also take on a newly created role overseeing the development of the ULD expert's leasing business... 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
Support for two Ukrainian hauliers
The European Bank of Reconstruction and Development (EBRD) and its donors are providing emergency technical assistance to to Ukrposhta and Nova Poshta, Ukraine’s two largest delivery companies. Since the start of the war in Ukraine, both hauliers have had to re-arrange their... 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