HEADLINE
DTDC widens its presence by launching operations in Malaysia, sets sights on Southeast Asian expansion
DTDC, India’s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, has announced its foray into the Malaysian market, further strengthening its global footprint. The company recently inaugurated its new office at Brickfield, Kuala Lumpur. DTDC in India covers approximately 96% of the population through…
Read MoreÇelebi Aviation recognised for sustainability leadership
Çelebi India has announced that it has won the “Best Sustainability Champion – Service Provider Award” at the Wings India Awards 2024. This esteemed recognition is presented by the Federation of Indian Chambers of Commerce and Industry (FICCI) to celebrate Çelebi’s outstanding contribution to Indian civil aviation, with a…
Read MoreCathay Pacific resumes direct flights connecting Chennai and Hong Kong; additional belly capacity for cargo
Hong Kong’s home carrier Cathay Pacific has resumed its Chennai-Hong Kong service, with its first flight from Chennai International Airport having taken off on 2 February 2024 as part of a three-flights-per-week service. This development marks a noteworthy return to service after a four-year pause, underscoring Cathay Pacific’s commitment…
Read MoreBoeing, Bahri Logistics sign strategic MoU to enhance supply chain activities in Saudi Arabia
Boeing Saudi Arabia and Bahri Logistics, a business unit of Bahri, a global leader in logistics and transportation, have signed a strategic Memorandum of Understanding (MoU) to explore collaborative efforts in the areas of supply chain and distribution in the Kingdom of Saudi Arabia. The collaboration aims to bolster…
Read MoreAir cargo trends in 2024
The air freight sector is expected to undergo some uncertainty in 2024. This, in part, is due to various geopolitical issues and market dynamics. A quick look at some of them, as per Maersk Air Freight and Air Cargo News: Capacity normalisation In terms of capacity, Asia Pacific continues…
Read MoreAir Cargo demand surges 10.8% in December, closing 2023 near 2022 levels
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties. Full-year demand reached a level just slightly below 2022 and 2019. Global full-year demand in 2023, measured in…
Read MoreDHL Global Forwarding completes acquisition of shares in Danzas AEI Emirates
DHL Global Forwarding, the freight specialist arm of the DHL Group, has completed the acquisition of shares in Danzas AEI Emirates, with all facilities now rebranded to DHL. The full integration not only brings a transformation in logo and name but also enhances operational capabilities with the transfer of…
Read MoreWFS to deploy Cind’s ContourSpect 3D modelling software for cargo at select stations
Worldwide Flight Services (WFS), a member of the SATS Group, will deploy Cind’s ContourSpect 3D modelling software at selected stations across its Europe, Middle East, Africa, and Asia (EMEAA) network following a successful Proof of Concept (POC) in its cargo terminal at Copenhagen Airport. WFS is Cind’s launch partner…
Read MoreOver 500 new air service agreements signed
The International Civil Aviation Organization (ICAO) announced this week that 521 new international air service agreements have resulted from its most recent Air Services Negotiation (ICAN) event, held last month, which was attended by over 700 participants representing 97 countries. These represent record-breaking outcomes for this edition of the…
Read MoreMenzies Aviation acquires 50% stake in Jardine Aviation Services Group to strengthen its presence in Asia
Menzies Aviation (Menzies), the leading service partner to the world’s airports and airlines, has announced the acquisition of a 50% stake in Jardine Aviation Services Group (“JASG”) from Jardine Matheson – a diversified Asia-focused conglomerate. This partnership is a joint venture with China National Aviation Corporation (“CNAC”). JASG, a…
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