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APM Terminals and the Kingdom of Bahrain have signed a Letter of Intent (LOI).
APM Terminals has signed a Letter of Intent with Bahrain's Ministry of Transportation and Telecommunications to enhance collaboration, aiming to more than double terminal throughput by 2030 and expand
Read MoreAir freight rates are on the rise, according to the TAC Index.
Global air freight rates saw a slight increase of 1.7% in the week ending February 17, with the Baltic Air Freight Index rising 12.8% year-over-year. Despite concerns about rising tariffs and the pote
Read MoreAVS GSA Thailand has been designated as the General Sales and Service Agent (GSSA) for Air Macau.
AVS GSA Thailand, a subsidiary of ECS Group, has been appointed as the General Sales and Service Agent for Air Macau in Thailand, effective February 1, 2025. This two-year agreement will enable AVS GS
Read MoreAVS GSA Thailand has been chosen as the General Sales and Service Agent for Air Macau.
ECS Group's subsidiary, AVS GSA Thailand, has been appointed as the General Sales and Service Agent (GSSA) for Air Macau in Thailand, beginning February 1, 2025. This two-year contract allows AVS GSA
Read MoreDP World has successfully overseen the initial export of passenger vehicles from Ain Sokhna Port.
DP World has marked a significant milestone in Egypt's automotive sector by facilitating the first export of 498 locally assembled Nissan Sunny vehicles from Ain Sokhna Port to Jebel Ali, Dubai. This
Read MoreWhat factors contribute to Kenya being an important center for trade and global logistics?
Kenya is positioning itself as a vital player in global trade and logistics, leveraging its strategic location and enhancing its logistics network. With significant trade growth from the UK and UAE, t
Read MoreUPS broadens its presence in the healthcare sector by opening three new facilities.
UPS Healthcare has launched three specialized cross-docking facilities in Milan, Frankfurt, and Mexico City to enhance support for pharmaceutical shipments requiring precise temperature control. The M
Read MoreAir Canada Cargo's revenue for 2024 has increased by 7% due to a rise in volumes.
Air Canada experienced a 7% rise in cargo revenue, totaling $991 million in 2024, attributed to increased volumes and yields in the Pacific and Americas, despite a 13% decline in Atlantic revenue. The
Read MoreMagma Aviation is set to grow and improve its operations in 2024.
In 2024, Magma Aviation made notable advancements by expanding operations in Europe, Dubai, and Dublin, including a multi-year contract with Worldwide Flight Services for freighter handling at Liege A
Read MoreAir freight demand shows a modest recovery following the decline during the Lunar New Year.
Global air cargo tonnages saw a slight increase of three percent in week 6 (February 3-9) after a dip during the Lunar New Year holiday. However, worldwide rates dropped five percent to $2.30 per kilo
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