Dubai Taxi Company PJSC (DTC), one of the UAE’s leading providers of comprehensive mobility solutions, has signed a Memorandum of Understanding with AJ Industries LLC (AJI), Ajman’s leading provider of sustainable and innovative automotive solutions, to explore a strategic partnership that will significantly expand DTC’s mobility footprint across the Emirate of Ajman. The agreement marks
FedEx is set to launch a dedicated air cargo route later this month linking Dublin, Ireland (DUB) with Indianapolis (IND), Executive Vice President and Chief Customer Officer Brie Carere announced during a September 18 earnings call. The new service will primarily transport healthcare shipments, alongside other high-value verticals moving between Ireland and the U.S. Carere
SolitAir, the UAE’s dedicated cargo airline operating express daily scheduled services between Dubai and high-yield key trade routes across the Global South, has announced a strategic partnership with Eight Wings Aerospace, a leading provider of aerospace solutions. This collaboration will see Eight Wings Aerospace deliver a comprehensive suite of services to SolitAir, including Technical Procurement,
The Indian city of Mumbai is deploying a fleet of 11 hydrofoiling Candela P-12 commuter electric ferries, which will create new links across its waterways. The fleet will form the nucleus of the city’s electric transport network, which is set to eventually include thousands of vessels. The ferries have been ordered by Mumbai-based operator JalVimana.
With an impressive career spanning almost three decades in the logistics industry, Turab Ur Rahaman has worked his way through various roles, gaining invaluable experience across a wide range of regions. Over the years, he has earned a reputation as a transformative leader—one who consistently excels in driving operational efficiency, strategic growth, and excellence. His
In the first quarter of 2025, China’s rail freight operations grew substantially, particularly in cross-border logistics. The number of China-Central Asia freight trains rose 25.5% year-on-year to 3,582 while cross-border cargo traffic on the China-Laos Railway surged 10% year-on-year to 1.513 million tons, which significantly promoted international and economic trade exchanges, China Railway said. In
Warehouse rents in the UAE are expected to further increase by up to 10% in 2025, driven by strong demand, low vacancy rates and shortage of industrial land, according to Kunal Lahori, Director of Manrre REIT Logistics Fund, which specialises in institutional-grade logistics and industrial assets across the UAE and GCC. “Rents have risen 25-30% in the
Madhav Kurup, Dubai-based Regional CEO, has been promoted to Global Chief Operating Officer (COO) at Hellmann Worldwide Logistics. This marks a significant milestone as the first non-German appointed to a global C-suite role at Hellmann. Kurup’s new role makes him one of the four members of Hellmann’s Executive Management Team, globally responsible for the company.
Indonesia posted an unexpectedly large $4.42 billion trade surplus in November, double the figure expected by analysts as exports jumped and imports came in below market forecasts, official data showed on. The trade data is among a host of economic indicators the central bank will consider at its monetary policy review on Wednesday, with analysts
According to Savills latest European Logistics Outlook, investment volumes to date have totalled €26.1 billion, a 14% increase compared to the same period in 2023. This signifies the second highest level of investment in European logistics assets since the market reached a trough in Q1 last year. Savills notes that investment in the third quarter
