Icao: forecasts for 2024 
In its latest press release, Icao forecasts that global demand expressed in freight tonne kilometres (FTK) will be around 2% below 2019 levels for the full year 2024. It bases this projected decline mainly on anticipated reductions in demand due to a weak economic climate... more
Investing in future logistics tech
Infinite PL is expanding its capabilities in the logistics technology market by taking a major stake in the UK-based tech company GN TEQ Limited. With this investment, Infinite PL seeks to grow its e-commerce and digital portfolios. Born out of a joint venture based in Saudi... more
Codognotto conquers Dubai
The Codognotto Group, one of Italy’s largest providers of road haulage, intermodal, integrated logistics and sea/airfreight services, has added a Dubai branch to its network of 41 companies worldwide. Situated in the heart of the UAE megacity, the new office will serve as a... more
Encouraging results for sustainability efforts
The International Air Cargo Association (Tiaca) has conducted its fourth industry survey involving supply chain partners from across the globe and from each industry sector and business size. The results have been analysed, compared to previous reports and published as the... more
Mycrane goes for growth in the USA
Mycrane, a global platform for online crane rental, has appointed Olga Dubinok as director of business development, USA, further strengthening its team in the USA. In her new role, Phoenix-based Dubinok’s task will be to drive continued growth in the USA, engaging with both... more
Aramex gets a tech update
Responding to a steadily increasing demand for efficient and high-quality supply chains, Aramex tasked the IT company Business Code with developing a new data analysis platform to tackle future hurdles. Aramex, a logistics provider based in the Middle East, is looking to... more
Dimos’ ‘Intrac’ wins award
With its ‘Intrac’ fully automated pallet mover, Dimos simplifies and improves the handling of unit load devices (ULDs) in airport logistics. Dimos was presented with the runner-up award in the “ground support solutions” category at the airport excellence awards, part of the... more
Tunesia renews 190 km of rail line
With its Saudi Fund for Development (SFD), Saudi Arabia will finance the USD 55 million project for renewing and developing the railway network to help increase the capacity for transporting phosphate. The two countries recently signed an agreement to this effect. The... more
Who for freight?
As it announced a slate of senior appointments, promoting 19 executives including eight UAE nationals, and six women, Dubai-based Emirates Group said it "readies itself for its next phase of growth." HH Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief... more
Zim's new LNG vessels
Zim Integrated Shipping Services celebrated the naming ceremonies of three new LNG vessels in Korea and China, advancing its sustainability efforts. The vessels, “Zim Mount Elbrus”, “Zim Mount Vinson”, and “Zim Pearl”, are part of the shipping line’s fleet renovation, with... more