ICTSI’s surging net income 
In H1/2023, International Container Terminal Services (ICTSI) achieved a 7% rise in net income to USD 313.8 million. Throughput grew by 9% to 6.28 million teu, mainly due to MNHPI’s contribution and trade improvement. Revenues increased by 10% to USD 1.16 billion, with... more
Adani Ports setting sail
Adani Ports, a ports, terminals and logistics group based in India, has announced its results for the first quarter of its current financial year, which began on 1 April 2023. Net profit surged by around 83%, driven by a substantial rise in cargo volume and improved margins due... more
Lithuanians looking for drivers in Central Asia 
To tackle the current shortage of professional drivers in the European Road transportation market, Girteka is collaborating with countries close to Europe, like Kazakhstan or Kyrgyzstan. Mindaugas Paulauskas, CEO of Girteka Transport: "A shortage of drivers has become a... more
Singaporean sustainability
AAL Shipping (AAL) is pushing ahead with its business reporting and to this end recently released its ‘Sustainability Report’ for 2022. In it the shipping line shares elements of its efforts in the environmental, social and governance field (ESG). The report shows up AAL’s... more
Green corridor a live wire
Dow Chemical International (Dow India) and PSA BDP have inked a memorandum of understanding (MOU) for sustainable transport solutions in India. Under the agreement, PSA BDP will deploy electric trucks for import and export container trucking via PSA International’s (PSA)... more
Not U-turn, but Uway
A new round of financing plans is on for the Indonesian e-commerce platform "Uway". The company spoke of a sum of USD 500 million financing and continued that "Uway's goal is to create a fully optimised supply chain that allows every consumer to get the goods they... more
A double anniversary for Intrapass
Anis Khan, CEO of Intrapass, a logistics provider at Zurich Airport, was able to celebrate a double anniversary at the beginning of August: the 18th year of his company, but also his own 65th birthday. During a gala dinner, the guests heard the story of Khan’s career.... more
“We remain agile and active”
In conversation with Nova Traffic CEO Daniel Stein. Nova Traffic has been active in the transport and logistics market since 1982. Commitment and good luck, which is occasionally also deserved, has kept the firm from Kloten, near Zurich, going. The ‘haulage artists’ celebrated... more
Not in cloud cuckoo land
Mohanned Badri, Saudia Cargo’s vice-president for operational performance. The latest figures portend a great future for Saudia Cargo. At Air Cargo Europe, Mohanned Badri, who’s been at home in the airfreight industry for 21 years, told ITJ editor Andreas Haug about the... more
Iata data show weak market conditions
The international air transport association (Iata) released its data survey on global air cargo markets for May 2023, showing weak market conditions. Global demand, measured in cargo tonne-kilometres (ctk), fell 5.2% compared to May 2022 (-6.0% for international operations).... more