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Logistics

Moderate Freight Growth Continues in July, Up 2.1% : IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May …

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AirBridgeCargo Airlines Transports its 500th Aircraft Engine in 2018

Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC), one of the world’s leading international cargo carriers, has transported its 500th aircraft engine in 2018, supporting long-term customers with the provision of timely, seamless and safe transportation of these highly delicate shipments. “The 500th jet engine is another milestone for ABC …

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AIRBRIDGECARGO Demonstrates Live Animals Transport Expertise

Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC), one of the leading air cargo carriers in the world, has successfully transported 66 giraffes onboard one of its Boeing 747 freighters. The charter flight was operated at the end of July from South Africa’s O. R. Tambo International Airport near Johannesburg …

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Triway Group Launches Skill Development Institute for Logistics Industry

Chennai: Port Wings News Network: Triway, one of the leading Chennai-based logistic group, launched a skill development institute through their trust Padmashree Educational Foundation in the name and style of  Padmshree Academy for Training Skills (PATS)  on 27 July 2018 in Chennai. Padmashree Academy For Training Skills (PATS) an institution collaborates with …

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Nitin Gadkari Welcomes End of Transport Union Strike

New Delhi/Mumbai/Chennai: Port Wings News Network: Union Road Transport, Highways and Shipping Minister Nitin Gadkari hailed the All India Motor Transport Congress’s decision to call off its strike. Talking to the media in Nagpur, Gadkari said that he and the finance minister were in constant discussions with the transport unions …

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DP WORLD Signs Agreement To Boost International Trade

Chennai: Port Wings News Network: An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed on 19 July between the global trade enabler and the …

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Panalpina Perishables Network Expands to South Africa

Chennai: Port Wings News Network: Following last month’s acquisition in Argentina, Panalpina is now expanding its Perishables Network to South Africa. The international freight forwarding and logistics company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with …

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Double-Digit Profitability Growth for Panalpina

Chennai: Port Wings News Network: The international freight forwarding and logistics company Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF …

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