Raymond STERN
Pierre Khoury, Shippeo's Chief Executive Officer and co-founder.
European logistics visibility platform SHIPPEO has grown rapidly over the past 18 months, with acquisitions, funding rounds and 200+%...
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Raymond STERN
Jul 7, 2021
DP World acquiring Imperial Logistics for $890m expanding Africa footprint
DP World has announced an offer to acquire South Africa-based Imperial Logistics, an integrated logistics provider with operations mainly...
Raymond STERN
Jul 5, 2021
Quiet air cargo market confident of strong demand and a peak season this year
The air freight market may be relatively quiet, but “the forecast remains for another peak”, according to Freight Investor Services...
Raymond STERN
Jul 4, 2021
Air freight rates: 'a small imbalance of supply and demand can have a large impact'
Shippers planning to use air freight should take the time to study load factors (LF), which reveal a tipping point for rate changes....
Raymond STERN
Jul 3, 2021
Logistics sector key to coronavirus recovery efforts: Agility Abu Dhabi CEO
The Abu Dhabi-based entity hosted celebration of the logistics community in event prior to completion of sale to Danish company DSV...
Raymond STERN
Jul 3, 2021
UAE re-elected member of Executive Council of Arab Civil Aviation Organisation
The re-election of the UAE underscores the country’s prominent stature and the significant trust in the Emirati civil aviation sector,...
Raymond STERN
Jul 2, 2021
Aero Africa opens in Morocco
Aero Africa has opened a regional office in Casablanca, Morocco that will operate as a control tower and centralised service centre in...
Raymond STERN
Jun 30, 2021
Kuehne+Nagel sells minority stake in Apex
Kuehne+Nagel has agreed to sell a 24.9% stake in recently acquired Apex International to private equity firm Partners Group. Kuehne+Nagel...
Raymond STERN
Jun 30, 2021
FIATA and PayCargo launch Freight-Pay platform for members
FIATA and PayCargo have teamed up to develop and launch Freight-Pay, a digital platform that enables FIATA members to carry out online...
Raymond STERN
Jun 29, 2021
Investigation reveals various reasons for B747 freighter accident
A Canadian investigation into the 2018 runway overshoot made by aSky Lease Cargo Boeing 747-400 freighter has revealed a range of reasons...
Raymond STERN
Jun 29, 2021
Hellmann and DRONAMICS Plan Pan-European Drone Freight Services
First routes with unmanned cargo drones to start from early 2022. DRONAMICS, the leading middle-mile cargo drone developer and operator...
Raymond STERN
Jun 29, 2021
Cathay Cargo enables real-time shipment tracking with Ultra Track solution
Cathay Pacific Cargo is rolling out its Ultra Track data-logging solution at 29 airports in its global network. he carrier said the...
Raymond STERN
Jun 28, 2021
Hellmann’s Middle East South Asia operation joins SAF programme
Air France KLM Martinair Cargo welcomes Hellmann Worldwide Logistics Hellmann’s Middle East South Asia operation is the first in the...
Raymond STERN
Jun 28, 2021
As expected FedEx sees buoyant profit growth
FedEx's quarterly results were more-or-less as expected, with continued increases in revenue and profits whilst the numbers for the full...
Raymond STERN
Jun 27, 2021
Fitch Affirms Dubai Aerospace Enterprise at 'BBB-'; Outlook Revised to Stable
Fitch Ratings has affirmed Dubai Aerospace Enterprise (DAE) Ltd's (DAE) Long-Term Issuer Default Rating (IDR) at 'BBB-'. At the same...
Raymond STERN
Jun 26, 2021
A 'slow June' as the air cargo market hovers, waiting for signs of recovery
Industry sources are painting a mixed view of the current air freight market, revealing pockets of congestion, but no real recovery from...
Raymond STERN
Jun 16, 2021
Abu Dhabi becomes first location to receive new Covid-19 medication |
The Sotrovimab medicine can prevent severe cases and death for selected Covid-19 patients by more than 85 per cent. The anti-viral...
Raymond STERN
Jun 16, 2021
Emirates profits hit hard but cargo helped
Emirates has been one of the most reliably profitable airlines up until last year, yet even it has been unable to avert falling into the...
Raymond STERN
Apr 28, 2021
Raymond STERN
Apr 26, 2021
DSV adds $4.2 billion Agility takeover to solid Q1 result
DSV will leap over DB Schenker into the third biggest forwarder by revenue position once its acquisition of Agility has been completed....
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