However, there was little other new information on air cargo in CMA CGM’s 39-page financial results for Q1. In what will surely change, CMA CGM does not currently separate out its air cargo results, instead lumping them in with ‘Other activities’ which “mainly” include port terminals and a...

Group chairman and CEO Rodolphe Saadé said that the French logistics group would remain “mobilised” to meet the supply chain challenges faced by its customers. “We are also vigilant in the face of the risk of a deterioration in the global economic situation, linked to the pandemic, the rise i...

The new service expands DB Schenker’s groupage system freight network to include standardised B2C shipping, thereby increasing its delivery range from 22m companies to 195m private households in Europe. This enlargement is a response to the increasing demand for B2C delivery and the ongoing megatr...

Founded in 1997 by CEO Wong Tat Shing and chairman Ramthur Chim, the group has incorporated ENL Group Holdings in the Cayman Islands to apply for a listing in Hong Kong. The listing prospectus, filed on 30 May, did not give any timeframe and fund-raising target for the IPO. The group started out wit...

In addition, Kale is thought to be tendering for Kenya’s new airport development project, though Mr More was non-committal about this. Mr More, speaking to Logistic-News on the sidelines of Air Cargo India last week, said technology would transform “the way business operations and B2B transaction...

Delta Air Lines is cutting about 100 daily flights from its schedule from 1 July through 7 August, which is about 2% of its scheduled departures. These reductions are made to maintain schedule integrity, as the airline has limited resources to deal with disruptions. “More than any time in our hist...

However, forwarders have warned that ‘business as usual’ remains a long way off for China’s biggest container port hub, given the ongoing restrictions and the inevitable supply chain hangover from two months of hard lockdown. Residents can now move freely about the city, but they must have a n...

The off dock depot, BM Container Depot Ltd, is a Netherlands-Bangladesh joint venture, located at Sitakunda, Chittagong. It had been housing 16 chemical-laden export containers, full of hydrogen peroxide, which may have caused the blasts after a fire erupted in a container at 9pm Saturday. Firefight...

Capacity, meanwhile was still down 12% on May 2019, while dynamic load factors fell 9 percentage points last month, to 60%, according to Clive Data Services. As a result, rates last month were 16% lower than a year ago, although still 134% up on 2019. April’s rates were 26% lower than in 2021 and ...

However, the problem extends further up the hierarchy: supply chain management is another segment hit by shortages, according to numbers released by LinkedIn. Widely used for forging connections between professionals, the business web platform uses member profiles to calculate how many people leave ...