Cargo’s contribution to record performance 
For the financial year ended 31 March 2024, Dubai-based Emirates Group reports its best-ever financial performance with a record profit of AED 18.7 billion (USD 5.1 billion), up 71% from last year, record revenue, and a record level of cash assets. Despite continued... more
New highs in container ship capacity for 2024
In 2023, the container shipping industry achieved a new high by delivering 2.3 million teu, surpassing the previous record by 37%. Continuing this trend, according to Niels Rasmussen, chief shipping analyst at Bimco, the first four months of 2024 have already seen deliveries of... more
Regional HQ for intermodal services
The intermodal business remains a strategic focus for Odyssey Logistics: The company has established a new intermodal division headquarters in Lombard, IL (USA), outside the Chicago area. This move reinforces Odyssey’s ongoing strategy to integrate its legacy brands and... more
Magnix picks CEO
Magnix, which specialises in electric power systems for the aviation industry, has named Reed Macdonald as chief executive officer (CEO). With more than 25 years’ experience in aerospace, finance, defence, and manufacturing, Macdonald has held several board and senior... more
A relief shipment to Kabul
Bolloré Logistics aid & relief team in UAE was awarded a contract to facilitate the transport of 180 t of temperature-sensitive medication from Dubai to Kabul for a humanitarian organisation. The temperature-controlled shipment required meticulous planning and execution to... more
Codognotto kicks off Dubai air cargo service
Following the inauguration of its new UAE hub, the Codognotto Group has launched weekly air consolidation services between Dubai and Milan. The new offering, which has been in operation since mid-April, enables customers to ship goods at fixed rates between Italy and the UAE.... more
Drydocks World introduces cryogenic pipe shop
Drydocks World in Dubai has upgraded its propeller repair services and introduced new facilities, aiming to reinforce its position and boost its revenue in maritime services. The enhancements include the capability to handle both minor in-situ repairs directly on vessels and... more
Over the Irish Sea
Toga Freight Services announced earlier this month that it has acquired London-based Irish Sea Logistics, a specialist forwarder operating between Great Britain and Ireland and thus gained a further opening into the British market. From its customs TSF bonded warehouse in... more
RZDL continues to expand its own loco fleet
The Russian transport and logistics company began building its own locomotive fleet in December 2023, purchasing two shunting diesel locomotives for this purpose, and is now planning to buy two more such locomotives in 2025. The expansion is in response to a growing demand... more
A dual role for Pierre Jalady
UTA Edenred, a European mobility service provider and part of the Edenred Group, has appointed French manager Pierre Jalady as its new managing director as of 1 April 2024. He will also act as general manager of Edenred Mobility Emea. Jalady has extensive professional... more