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Posted inLogistics in the News

DHL macroeconomic outlook for 2024 is bleak + HD Hyundai sets up maritime nuclear energy watchdog

DHL’s outlook for 1H 2024 “doesn’t look so bright on the macroeconomic side,” DHL CEO Tobias Meyer told Bloomberg last week. Trade is sluggish, but it is “bottoming out,” Meyer added. This has been particularly evident in the outfit’s B2B operations, with intra-European trade, road freight, and air freight shipments between China and the US […]

Posted inAlso on Our Radar

Aramex sets up Riyadh HQ, Sanad + Deucalion partner MRO services, and Oman completes Rusayl-Bidbid road upgrades

LOGISTICS HANDLING- UAE-based logistics company Aramex has inaugurated its regional headquarters in Riyadh in a bid to boost the company’s capacity to serve both new and existing businesses in the region, according to a statement. It first announced its plan to establish a regional HQ here back in 2021. AVIATION- Sanad + Deucalion partner on […]

Posted inAround the World

India and EFTA ink freetrade pact, Alaska Airlines cooperates with DOJ probe, Crude tanker newbuild contracts surge 490% y-o-y

India has inked a freetrade pact with the EFTA Bloc that includes a commitment to invest USD 100 bn in the country, concluding an agreement that has been 16 years in the making, Bloomberg reports. Under the pact, the European bloc — which comprises non-EU members Norway, Iceland, Switzerland, and Liechtenstein — will receive easier […]

Posted inCalendar

MARCH 12-14 March (Tuesday- Thursday): IATA World Cargo Symposium, Hong Kong International Airport, Hong Kong. 20 March (Wednesday): Construction work scheduled to begin on the 162 km Rasht-Astara Railway in Iran. APRIL 24 April- 1 May ( Wednesday-Wednesday): Abu Dhabi Mobility Week, Abu Dhabi. 24 April- 26 April (Wednesday-Friday): The second Iran-Africa International Summit, Tehran, […]

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