Aviation Logistics UAE

IATA reveals key themes for the 2025 World Cargo Symposium

Arnold Pinto 23/03/2025 0

Being held in Dubai this April The International Air Transport Association (IATA) has unveiled the key themes for the 2025 World Cargo Symposium (WCS), which will focus on digitalisation, sustainability, and safety/security. These critical issues are poised to shape the future of the global air

Logistics UAE

UAE aims to reinforce its status as a key global maritime hub

News Desk 2 20/03/2025 0

Sets sail on various initiatives The United Arab Emirates (UAE) is determined to become a key global maritime powerhouse, leveraging its strategic location, world-class infrastructure, and commitment to sustainability. The UAE’s appeal is underpinned by several factors, including a zero-income tax policy, advanced infrastructure, and its strategic location, which acts as a

Business Logistics

DP World posts $20.0 billion revenue for 2024

Arnold Pinto 16/03/2025 0

Big boost from ports and terminals DP World’s revenue increased 9.7% to $20.0 billion, for the year ended December 31, 2024, compared to $18.25 billion in 2023, showcasing a solid performance despite a challenging geopolitical environment, with significant contributions from its ports and terminals and strategic investments boosting its integrated logistics offering.

Automotive Logistics

Bentley Motors breaks ground on new Integrated Logistics Centre

News Desk 2 06/03/2025 0

At Crewe headquarters Bentley Motors has officially broken ground on its new Integrated Logistics Centre at its historic Crewe headquarters, marking a significant milestone in its journey towards an all-electric future. The new facility is designed to enhance operational efficiency, flexibility, and sustainability, providing critical support for the production of

Business Logistics

Hellmann acquires full ownership of HPL Apollo

News Desk 2 16/02/2025 0

To expand its operational footprint Hellmann Worldwide Logistics has acquired 50 per cent of shares in HPL Apollo, a perishable logistics joint venture previously co-owned with Mercury Aviation. The move signifies Hellmann’s commitment to strengthening its position in the global perishable logistics market and expanding its capability to provide tailored, efficient

Logistics

Cathay  Cargo  exchanges  shipment  information  using  IATA’s  ONE  Record  data  protocol

Arnold Pinto 08/02/2025 0

Becomes  first  carrier  to  do  so Cathay  Cargo  has  made  a  significant  stride  in  digitalising  air  cargo  operations  by  becoming  the  first  carrier  to  implement  the  International  Air  Transport  Association’s  (IATA)  ONE 

Aviation Logistics

AutoFlight’s uncrewed cargo aircraft receives production certificate

Arnold Pinto 29/01/2025 0

CarryAll production to begin The Civil Aviation Administration of China (CAAC) has officially granted AutoFlight’s CarryAll unmanned cargo aircraft a Production Certificate (PC), marking a historic milestone as the world’s first production licence for a 2-ton electric vertical take-off and landing (VTOL) aircraft. This certification paves the way for CarryAll to enter mass

Business Logistics

UD Trucks drives into 2025 with optimism as GCC market demand remains strong

Arnold Pinto 21/01/2025 0

With 26% market share growth in 2024 Amid a global economic landscape marked by uncertainty and geopolitical instability, UD Trucks is preparing to navigate the challenges ahead while continuing to meet rising demand in key markets, especially within the Gulf Cooperation Council (GCC) region, said Mourad Hedna, President of UD Trucks (MEENA), while briefing the […]

Logistics Sustainability

Amazon orders 200+ electric trucks from Mercedes-Benz

Arnold Pinto 18/01/2025 0

For high-mileage middle-mile network In a major milestone for sustainable logistics, Amazon has placed its largest-ever order for over 200 electric heavy goods trucks, selecting the flagship Mercedes-Benz eActros 600 from Mercedes-Benz Trucks. The order marks the largest purchase of an electric truck by the German truck manufacturer in its history. It represents a

Logistics

IATA: Global air cargo demand up 8.2% in November 2024

Arnold Pinto 12/01/2025 0

16th month of consecutive growth The International Air Transport Association (IATA) has released data for the global air cargo markets in November 2024, reporting a solid performance. Total demand for air cargo, measured in cargo tonne-kilometres (CTK), rose 8.2% compared to November 2023, marking the 16th consecutive month of growth. International operations contributed a

Appointments Logistics

Abdulaziz Busbate is new DHL Express CEO for MENA region

News Desk 2 02/01/2025 0

Effective January 1, 2025 DHL Express has appointed Abdulaziz Busbate as the new CEO for the Middle East and North Africa (MENA) region, effective January 1, 2025. Busbate will succeed Nour Suliman, who recently transitioned to a non-executive advisory role within DHL Group as President of the MENA region. Based in Manama, Bahrain, Busbate will […]

Logistics

IATA unveils air cargo device assessment programme

Arnold Pinto 26/12/2024 0

For safety standards compliance The International Air Transport Association (IATA) has unveiled its new initiative, the IATA Air Cargo Device Assessment Program. The programme seeks to validate air cargo tracking devices, data loggers, and sensor-equipped technologies. It aims to ensure these devices meet rigorous industry safety standards and play a crucial role in

Logistics

Boeing predicts that international air cargo traffic will double by 2043

Arnold Pinto 03/12/2024 0

Driven by emerging markets Boeing has released its latest World Air Cargo Forecast (WACF), predicting significant long-term growth in the global air cargo market. The company forecasts that air cargo traffic will increase by an average of 4% annually through 2043, surpassing pre-pandemic levels and continuing its upward trajectory. According to Boeing, the global freighter

Finance Logistics

Locad raises $9 million for its smart digital logistics engine

Arnold Pinto 24/11/2024 0

UAE and Saudi Arabia entry in Q4 2024 Singapore-based Locad, a leading smart digital logistics engine powering consumer brands with its Cloud Supply Chain-As-a-Service (SCaaS) for global distribution, has announced a $9 million Pre-Series B funding round. The round was co-led by Global Ventures and existing investor Reefknot Investments, with additional participation from

Logistics

Airbound secures $1.7 million for unique delivery drone technology development

Arnold Pinto 17/11/2024 0

Indian firms eyes last-mile logistics sector Airbound, an innovative drone technology startup based in Bengaluru, India, has announced a $1.7 million seed funding round led by Lightspeed, a global multi-stage venture capital firm headquartered in California, USA. The investment aims to support the development of what Airbound claims will be the world’s most efficient

Logistics

AD Ports Group becomes majority owner of Tbilisi Dry Port

Arnold Pinto 31/08/2024 0

With 60% stake acquisition AD Ports Group has acquired a majority 60% stake in Tbilisi Dry Port in Georgia. The stake acquisition fortifies AD Ports Group’s strategic position in the Middle trade corridor, enhancing connectivity between Western Asia and Eastern Europe through a comprehensive network spanning Kazakhstan, Azerbaijan, Armenia, Georgia, and Turkey. The Tbilisi

Logistics

Smooth sailing for DP World as H1 2024 revenue hits $9.33 billion

Arnold Pinto 17/08/2024 0

Key focus on freight forwarding platform DP World has released its financial results for the first half of 2024, showcasing a resilient performance amidst a challenging global environment. For the period ending June 30, 2024, the company reported a 3.3% increase in revenue to $9.335 billion despite a 4.3% decrease in adjusted EBITDA to $2.497 […]

Appointments Logistics

Magma Aviation appoints Peter Kerins as new CEO

Arnold Pinto 13/08/2024 0

2 new freighters added to air cargo fleet Magma Aviation, a leading air cargo solutions provider, has appointed Peter Kerins as its new CEO. With over 30 years of experience in aviation and logistics, Kerins will spearhead the London, UK-backed company’s global expansion and operational strategy. Kerins’ career began in freight forwarding sales in 1991 […]

Logistics

Dronamics gets €10 million in funding from European Innovation Council

Arnold Pinto 06/08/2024 0

Company set for start of commercial operations Dronamics, the world’s first cargo drone airline, has secured a €10 million equity investment from the European Innovation Council (EIC). This funding round follows an earlier €2.5 million grant awarded to the company in November 2022 under the EIC Accelerator programme. The agreement was formalised at the EIC […]

Logistics

Optimised global trade routes seen as vital for the pharma industry

News Desk 2 30/07/2024 0

Sector expert issues new call for action According to Hari Chereddi, CEO of HRV Global LifeSciences, ongoing disruptions in the global supply chain involving transport and logistics, exacerbated by the recent CrowdStrike outage and heatwaves across continents, underscore the critical importance of open and secure trade routes for the pharmaceutical industry. Chereddi, a