October 2019
Press Release
The global certification leader SGS has issued Saudia Cargo the certificate of European Union Good Distribution Practice (EU GDP) in the sector of pharmaceuticals. The certificate marks a new achievement for Saudia Cargo and a well-deserved …

Container terminal operators are facing higher risks than at any time in the industry’s history, according to a new report.
And Container Terminals: Paths to Profitability suggests future investment by operators and investors will need to be more carefully considered …

Retailers are looking forward to a strong peak shopping season, but their supply chain capabilities can’t cope with the changing landscape, according to a new study.
Deloitte claims the US retail sector will see sales overtake the 2018 peak season …

CMA CGM wants to give shippers a cash-flow boost with its new range of import and export financing solutions, a new sign carriers are expanding beyond core shipping services.
The French carrier has partnered with Singapore-based fin-tech player Incomlend to …

Azeri cargo carrier Silk Way West has expanded its fleet, network and service portfolio almost unnoticed in recent times. “We are not the industry loudspeaker and rather make things happen than not walking the talk,” explained president and CEO Wolfgang …

Notwithstanding “slower global demand growth” and “lower freight rates” – indeed, the peak season turned out to be a damp squib, and container spot rates have collapsed since August – Maersk yesterday upgraded its ebitda guidance for 2019 from $5bn …

There was little extra joy in Kuehne +Nagel’s third-quarter (Q3) and nine-month results (9M) for the bulls today, although the shares traded a whisker away from their 52-week highs of almost Sfr154 at the time of writing.
Its interim update …