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Pakistan, Bangladesh Lag Behind on Airline Dues

The International Air Transport Association (IATA) has expressed concerns that Pakistan and Bangladesh have held up airline revenues worth up to $720 million, calling on both countries to release funds.

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Global Air Cargo Rates Hit New High in March

Global air cargo rates continued to rise throughout March, thanks to strong demand and rising rates from Asia and Middle East origins, taking average prices to within -7% of their.

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Pandion Secures $41.5 Million Funding

Pandion, a leading provider of residential parcel delivery solutions for e-commerce, has successfully secured $41.5 million in Series B funding. This investment will fuel the company’s expansion efforts, focusing on.

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Emrill and Clemtech Partner for Advancement of Rail Sector

Award-winning UAE-based facilities management service provider Emrill has launched Emrill Rail, its latest division providing comprehensive solutions tailored to the unique needs of the country’s railway supply industry. Emrill Rail.

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China-Europe Railway Express Sees Growth

The China-Europe Railway Express has seen a significant uptick in operations, with nearly 3,000 trains dispatched in the first two months of 2024. The expansion underscores the service’s growing role.

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DP World Expands its Global Freight Forwarding Network

UAE-based logistics giant DP World has opened the latest branch in a network of more than 100 freight forwarding offices across the world. The latest branch to open its doors.

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CMA CGM completes $5.2bn acquisition of Bolloré Logistics

French shipping company CMA CGM has completed the largest acquisition in its history with the €4.85bn ($5.24bn) purchase of Bolloré Logistics from The Bolloré Group. The purchase includes the entirety.

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CMA CGM Will Not Raise Bid for UK Logistics Company Wincanton

CMA CGM’s CEVA Logistics confirmed that it will not be pursuing Wincanton reporting in a stock exchange filing that it will not set aside its previous final cash offer. The.

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Aldar Expands UAE Logistics Business

Aldar Properties, one of the leading real estate developers, investors and asset managers in the UAE, is investing a further AED 1 billion to expand its logistics real estate business.

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