An agile financial performance in 2023 
The Kuwait-based supply chain service provider Agility reported a successful performance in 2023, with its net profit totalling USD 270 million. Ebitda was up by 42.4% to over USD 835 million despite macroeconomic challenges. In particular, the company’s investments benefitted... plus
A 'Global Control Centre' for IAI
IAI, an aerospace and defence company, has launched its ‘global control centre’ (GCC) system which was developed for managing and monitoring major projects, most notably the international aircraft conversion programmes that it conducts in Israel and around the world. The... plus
Red Sea crisis boosts road alternatives
The TIR system ensures that goods flow smoothly between East Asia, the Middle East and Europe. Following the Red Sea crisis, major transport companies have in recent weeks bypassed the Red Sea by opting for land-based alternatives through the Middle East and Gulf Cooperation... plus
Tightening ties between the UAE and Africa
Astral Aviation, a cargo airline based in Nairobi (Kenya) with an extensive network in Afrika, and Etihad Cargo, the cargo and logistics arm of Etihad Airways, successfully completed the inaugural flight to Abu Dhabi (UAE) on 21 March. This flight followed a memorandum of... plus
AD Ports invests in the Middle Corridor
The group is acquiring a 60% stake in the Tbilisi Dry port from Inveco. The facility is a new custom-bonded and rail-connected intermodal logistics hub in Georgia, situated on the Middle Corridor connecting Asia and Europe. The terminal is expected to be operational by... plus
New presidents for Apac and Imea
Chapman Freeborn, a global air charter specialist and part of Avia Solutions Group, has appointed Mark Thibault (left) as president, Asia Pacific (Apac) and Alain Champonnois (right) as president, India, Middle East & Africa (Imea) as it looks to expand its presence in both... plus
A pharma hub in Abu Dhabi
The Logistics Park phase 5 of Khalifa Economic Zones Abu Dhabi (Kezad) is home to multiple grade A warehousing sites, now including Pharmatrade’s centre. The new temperature-controlled facility will enable the company to expand its storage and distribution services for... plus
Également à Liège 
Coopération entre Saudia Cargo, Cainiao et WFS. Livré dans les délais: le 1er mars, les trois partenaires ont présenté leur modèle d’affaires pour l’e-commerce destiné à la supply chain du fret aérien sur l’aéroport de Liège. La coopération a été signée fin novembre à Djedda... plus
DP World reports 2023 financials
DP World has announced its financial results for 2023, which show a 6.6% revenue growth to USD 18,250 million and a 1.9% uptick in adjusted ebitda to USD 5,108 million. The company's profit for the year decreased by 17.7% to USD 1,514 million due to higher finance costs. Cash... plus
Air instead of sea freight
Neo Air Charter operated 60 widebody freighter charters in the first two months of 2024, to circumvent e-commerce supply chain problems caused by the Red Sea attacks on shipping, which have effectively closed the Suez Canal route. The 60 B747F and B777F charter flights... plus