Global terminal operator DP World reported a 22 percent increase in net profit during the first half of 2015 but said it expects growth to slow amid a “challenging” global economy during the rest of year.
United Arab Emirates
United Arab Emirates
28 Jul 2015
DP World posted a 4.2 percent increase in container traffic in the first half of the year, driven largely by strong growth at its terminals in Europe and the United Arab Emirates.
23 Jul 2015
DHL Global Forwarding's new less-than-truckload cross-border service isn't just about US-Mexico trade. It's part of growing shipper demand for multimodal, multiregional logistics and transportation services.
24 Jun 2015
United Arab Shipping Co. gained regulatory breathing room Wednesday when the U.S. Federal Maritime Commission unanimously voted to grant the the Qatar-controlled carrier exemptions from filing rules required by it being on the “controlled carrier” list.
11 Jun 2015
Cargo carriers in the U.S. have raised concerns that action by Washington to curb open skies agreements with Middle Eastern carriers over allegations they are subsidised by their governments could become a threat to vital worldwide air freight networks.
09 Jun 2015
The ugly specter of a protectionist trade dispute was raised at the International Air Transport Association annual meeting in Miami where the long-running subsidy allegations levelled against Gulf carriers by U.S. airlines again hit the headlines.
03 Jun 2015
Short-sea ship operator Qatar Navigation Lines has introduced a dedicated container feeder service between India and the Middle East.
29 May 2015
Etihad Airways’ cargo revenue topped $1 billion for the first time in 2014 as freight traffic grew four times faster than the global market to reach an all-time high.
27 May 2015
Gulf states in the Middle East are expanding capacity and investing billions of dollars in their ports to accommodate booming traffic in the Asia-Europe trade lane.
25 May 2015
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
12 May 2015
U.S. shipment volumes and spending rose in April from March, but were down year-over-year, thanks to tough comparisons with a booming economy in 2014, Cass Information Systems said. The freight payment provider expects more growth ahead.