Investor Advent takes financial stake in Hermes

The private equity investor, Advent International, has acquired 25% in Hermes Germany and 75% in its UK subsidiary, Hermes UK. The transaction will facilitate further investment by Hermes
in technology and infrastructure, and support the future growth of the business

Because we Qare

Qatar Airways Cargo (QR) has pledged to carry 1 million kilos of humanitarian aid and medical supplies across the world free of charge for charities between now and the end of this year.
This marks the first chapter of a

Another digital visibility platform in the making

CSafe Global, which produces temperature-controlled packaging solutions, has selected NextGen supply chain solutions provider, Cloudleaf Inc, to design a customized digital visibility
platform to enhance its existing track and trace technology and digital tracking for Parcel and Cell & Gene

Fraport Group still in trouble. Cargo cushioned the downturn

Fraport and its subsidiaries report dire mid-year results. The airport Group’s revenues declined sharply during the first half of 2020, passenger numbers plummeted, operational losses
keep mounting. Thousands of jobs are at stake, particularly at Frankfurt Rhine-Main. In contrast, the

How Cargomind will emerge from the corona crisis

It is the common view that the global economy is going through an enormous and unparalleled crisis, evidenced by forecasted figures.
For 2020, the WTO expects foreign trade to fall between 12% and 32%. A decline is likely also for