DoKaSch Temperature Solutions has opened its new depot in United Arab Emirates, strengthening its presence in the Middle East and enhancing its global network. The new depot, located close to Dubai-World Central Airport, enables access to the company’s Opticooler, as it expands its free deliver network, particularly for major Middle East carriers like Emirates and Etihad. DoKaSch said the Dubai depot is also of strategic importance as a gateway to the Indian subcontinent, a key market for … [Read more...] about DoKaSch opens new depot in Dubai
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Korean Air, LX Pantos join forces on SAF use for cargo flights
Korean Air has partnered with Seoul-based logistics company LX Pantos to expand the use of sustainable aviation fuel (SAF) on cargo flights in line with net-zero carbon ambitions. Both companies have agreed to reduce greenhouse gas emissions in the cargo industry and foster awareness of SAF usage within Korea. LX Pantos will purchase SAF for Korean Air’s cargo operations, and Korean Air will share the amount of carbon emissions reduced accordingly. Korean Air is working to establish … [Read more...] about Korean Air, LX Pantos join forces on SAF use for cargo flights
LCCs to lead fleet growth in Southeast Asia over next 20 years
Boeing says Southeast Asia’s commercial airplane fleet will nearly quadruple to more than 4,000 jets by 2042, growing 6.9 percent annually, twice the global rate, thanks to low-cost carrier (LCC) expansion. The US aircraft manufacturer is confident that low-cost carriers (LCCs) will become the dominant business model and that the region will be the fastest-growing market for single-aisle airplane in the next 20 years Low-cost carriers in Southeast Asia are predicted to add more than 2,000 … [Read more...] about LCCs to lead fleet growth in Southeast Asia over next 20 years
Kale Logistics eyes North America, EU with $30m funding
Kale Logistics Solutions is accelerating its mission of connecting supply chains and helping facilitate global trade as it raised USD 30 million in a series B funding round led by private equity fund Creaegis Advisors LLP. The funding will be used for scaling up and deploying the company’s cargo community systems with expansion plans into key markets like North America and Europe. The Indian company has been a pioneer in developing software-as-a-service (SaaS) solutions for ports and air … [Read more...] about Kale Logistics eyes North America, EU with $30m funding
Hellmann targets Italian logistics with partner acquisition
Hellmann Worldwide Logistics contintues its expansion strategy in the European market and has its eyes set on integrating Italian subsidiary Hellmann Worldwide Logistics S.p.A. otherwise known as Hellmann Italy. The Milan-based company, which employs approximately 70 people at six locations, has been providing sea- and airfreight services in Italy since 2006. Hellmann said the acquisition marks the company's entry into this important European not only complete its network in the central … [Read more...] about Hellmann targets Italian logistics with partner acquisition
WFS to add 6,500-sqm cargo terminal at Madrid airport
Worldwide Flight Services (WFS), a member of the SATS Group, is set to become Madrid’s largest independent handler with the opening of a fifth cargo handling facility at Adolfo Suárez Madrid-Barajas Airport. The ground handler has begun the construction of a new 6,500-sqm terminal, slated to begin operations by the end of Q1 2024. This is the fifth cargo terminal for WFS, which will increase its total footprint in Madrid to 17,000 square metres. WFS has been present in Madrid since 1998 … [Read more...] about WFS to add 6,500-sqm cargo terminal at Madrid airport
