FedEx Announces $5 Billion Share Buyback as Profit Surges, Shares Soar

March 29, 2024
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, sending the courier’s stock soaring the most in a year.

Former Maersk Executive Launches Nine Realms, Backed by World’s Super-Rich

March 29, 2024
A former A.P. Moller-Maersk A/S executive is building an investment firm backed by the world’s super-rich after leading a venture unit that notched roughly fourfold gains for the shipping giant.

Qatar Airways’ First Class Revolution: CEO Al-Meer Details Vision for Future of Air Travel

March 28, 2024
 Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, has revealed several major new developments in line with his vision for the future of Qatar Airways. Designed to invigorate the global airline and...

ICL and FreshLinc Enhance Collaboration to Boost UK Airfreight Logistics

March 28, 2024
International Cargo Logistics Ltd (ICL) has expanded its temperature-controlled airfreight capabilities as part of an enhanced collaboration with FreshLinc Ltd (FreshLinc).

Silk Way West Airlines Boosts Eco-Friendly Fleet with Additional Boeing 777 Freighter Purchase

March 28, 2024
Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has expanded its commitment to a modern and eco-friendly fleet by amending its contract with Boeing to purchase an...

DANX Carousel CEO Urges EU Standardization for Electric Vehicle Battery Logistics

March 27, 2024
DANX Carousel’s Chief Executive Officer (CEO), Klaus Rud Sejling, has called on the European Union (EU) to standardise regulations concerning the transport and storage of electric vehicle (EV) batteries to reduce supply chain costs...

Vedat Serbet appointed Head of Business Development Rail Europe

March 27, 2024
Vedat Serbet has been appointed as Head of Business Development Rail Europe at Hellmann Worldwide Logistics. In this newly created position, the logistics expert will further develop the international expansion of rail-based transportation, establishing...

Delta Cargo approves DoKaSch Temperature Solutions’ Opticooler RKN

March 27, 2024
 In a significant move to further enhance its pharmaceutical logistics capabilities, Delta Cargo has announced the technical approval of DoKaSch Temperature Solutions' Opticooler® RKN. This approval enables the Atlanta-based carrier to integrate the Opticooler®...

Sterling and SATS Partner to Expedite Aircraft-on-Ground Shipments

March 27, 2024
Sterling, part of Kuehne+Nagel and a leader in global aviation logistics, has partnered with SATS Ltd. (SATS) to expedite first- and last-mile airside services for time-critical Aircraft-on-Ground (AOG) shipments.

Carousel Logistics Revolutionizes MAN Truck & Bus Spare Parts Delivery

March 26, 2024
 Carousel Logistics has redefined the spare parts delivery network  for commercial vehicle manufacturer MAN Truck & Bus (MAN) in the UK & Ireland, reducing lead times  by up to 24 hours and implementing a By:NIGHT delivery...