Offering service to 124 countries and being one of the fastest-growing air cargo brands around the world, Turkish Cargo has signed a Master Rental Agreement with DoKaSch Temperature Solutions, the provider of climate-controlled solutions for air cargo based in Frankfurt, Germany. Its Opticooler is regarded as one of the safest containers for transporting temperature-sensitive […]
Category: Air Cargo, Latest News, New Products, News, Transport
DP World PLC announces the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for a purchase consideration of GBP322mn (USD421mn¹), implying a 2017 Enterprise Value/EBITDA valuation multiple of 6.1x. P&O Ferries is a pan-European integrated logistics business consisting of a market leading roll-on roll-off (Ro-Ro) ferries operation and a […]
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Panalpina’s board of directors has confirmed that they are in the preliminary stage of discussion with Kuwait-based Agility Group on strategic opportunities with regard to their respective logistics businesses. Panalpina, a Switzerland-based holding company engaged in the transportation sector, is in talks with Agility, but is still reviewing an approach by Denmark’s DSV, the company […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
According to the data obtained by WACD, the international air cargo market information provider, in 2018; Turkish Cargo, the global air cargo brand providing service to 124 countries around the world, attained an increase of 21.7 percent in the rate of sold cargo, and grew substantially across the industry with the growth rate of 2.2 […]
Category: Air Cargo, Latest News, New Products, News, Transport
New US$58.5 Million Air Cargo Area at Bahrain International Airport Set to Welcome Its First Tenant FedEx Express The new US$58.5 Million Air Cargo Area at Bahrain International Airport is set to welcome its first tenant as US-based FedEx Express recently signed a deal to move to the expanded freight complex at the Bahrain International […]
Category: Air Cargo, Latest News, New Products, News, Transport
Project adds 60 percent more water to local distribution system Global trade enabler DP World has recently launched a new water distribution center that increased the water supply in Berbera, Somaliland, by 6o percent. The $1 million project started in 2018 and includes four water wells, two shallow pools, two water troughs, a concrete reservoir […]
Category: Company in Focus, Latest News, New Products, News, Ports, Transport
Saudi Airlines Cargo Company has signed a joint agreement with King Abdullah Port, at King Abdullah Economic City, 90 kilometers north of Jeddah, to enhance collaboration opportunities & establish a secure logistical operations zone. The agreement, which comes shortly after inaugurating King Abdullah Port will establish an Air-Sea-Air cargo corridor with the surrounding airports to […]
Category: Air Cargo, Latest News, New Products, News, Transport
Turkish Cargo, the fastest growing air cargo brand that provides service to 124 countries around the world, carried flowers to all four sides with its charter flights departing from Nairobi (Kenia) and Quito (Ecuador) to meet the need for the Valentine’s Day, in addition to its heavily-operated special cargo transportations. The accomplished air cargo brand […]
Category: Air Cargo, Latest News, New Products, News, Transport
Providing services to 124 countries worldwide with the title of the fastest growing air cargo brand in the world, Turkish Cargo carried out the first air cargo transportations from Istanbul Airport to Ankara and the Turkish Republic of Northern Cyprus. The first ever commercial domestic air cargo transportation from Istanbul Airport was performed with an […]
Category: Air Cargo, Latest News, New Products, News, Transport
DP World handled 71.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9% year-on-year on a reported basis and 2.9% on a like-for-like[1] basis Gross volumes were stable in 4Q2018 despite softer volumes in the UAE and the tough […]
Category: Company in Focus, Latest News, New Products, News, Ports, Transport