News Articles
DP 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
Read MoreFord's CEO warns that tariffs on Canada and Mexico would severely harm the U.S. automotive industry.
Ford CEO Jim Farley warned that a proposed 25% tariff on imports from Mexico and Canada would harm the U.S. auto industry, allowing foreign automakers from Europe and Asia to gain significant market s
Read MoreSteel tariffs may increase domestic prices and production capacity, but are unlikely to generate new jobs.
Manufacturers are preparing for the repercussions of President Trump's recent announcement of a 25% tariff on all steel and aluminum imports, which lacks exemptions and may increase operational costs
Read MoreCargo traffic at Frankfurt Airport decreased by 4% in January.
In January 2025, Frankfurt Airport reported a cargo handling of 148,321 tonnes, marking a 3.9% decline from January 2024 and a 9.2% drop since January 2019. While aircraft movements remained stable, d
Read MoreQatar Airways Cargo delivers 42 million roses in celebration of Valentine's Day.
Qatar Airways Cargo has transported 2,800 tonnes of flowers, including 42 million red roses, from Kenya and South America for Valentine's Day. This included nearly 1,600 tonnes from Nairobi and about
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