Freight Trends Global - Page 48 of 100 -

Air Freight East Africa

Ethiopian Airlines and AfDB Partner on $7.8 Billion Bishoftu Airport Project

March 18, 2025March 18, 2025 Constance Makungu

Ethiopian Airlines has signed a memorandum of understanding with the African Development Bank (AfDB) to collaborate on the Bishoftu International Airport Development Project, a major infrastructure initiative aimed at boosting Ethiopia’s aviation capacity. The agreement was signed by Ethiopian Airlines Group CEO Mesfin Tasew and AfDB Vice President for Regional Development, Integration, and Strategy, Nnenna Nwabufo, in the presence of AfDB President Dr. Akinwumi Adesina. With a projected cost of

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Ports & Terminals Shipping News Southern Africa

Mozambican Ports Handle 70,170 Tonnes in 2024 Despite Maputo’s Decline

March 4, 2025March 4, 2025 Constance Makungu

Mozambican ports handled 70,170 tonnes of cargo in 2024, marking a 10.7% increase from 2023, despite a slight decline in traffic at the Port of Maputo, which accounted for nearly half of the total volume, according to official data compiled by Lusa. Cargo movement at the ports of Beira and Nacala grew by 12.9% and 13.6%, respectively, while Maputo saw a marginal decline of 0.3% compared to the previous year.

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Road Freight

DHL and Scania Unveil Hybrid Electric Truck to Bridge Charging Gaps

March 3, 2025March 3, 2025 Constance Makungu

DHL Group and heavy vehicle manufacturer Scania have partnered to develop an electric truck equipped with a fuel-powered generator, allowing for a transition to battery-electric road transport without relying on a fully developed charging network. While fully electric trucks are the long-term goal for sustainable transport, major challenges include limited charging infrastructure, high costs of ensuring sufficient depot charging capacity during peak seasons, grid strain, and fluctuating electricity prices, especially

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Road Freight

BMW Group Launches Hydrogen Fuel Cell Truck Pilot as Part of H2Haul Project

February 28, 2025February 28, 2025 Constance Makungu

The BMW Group has acquired two zero-emission hydrogen fuel cell trucks for a pilot project under its European H2Haul programme, aimed at promoting hydrogen power in freight transport. BMW announced last week that the two trucks will operate between Leipzig, Landsberg, and Nuremberg in Germany to assess the practicality of hydrogen fuel technology. Two state-of-the-art hydrogen refuelling stations are being constructed in Leipzig and Hormersdorf to support the initiative. These

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East Africa Ports & Terminals Shipping News

Tanzania and Kenya Compete for Hub Status as Port Expansion Drives Regional Growth

February 28, 2025February 28, 2025 Constance Makungu

Port expansion efforts, both underway and planned, are intensifying competition among operators as they vie for key hub status to support the growing integration of the region into global supply chains. The primary contenders in this race are Tanzania and Kenya. Tanzania’s plans have gained significant momentum with the European Union (EU) investing EUR 15 million into the Tanzania Trade and Transport Improvement Project, which is set to launch in

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Europe Shipping News

MSC Reallocates Fleet in Strategic Shift Amid Declining Rates on Asia-North Europe Route

February 28, 2025February 28, 2025 Constance Makungu

The world’s largest container shipping line, Mediterranean Shipping Company (MSC), has decided to withdraw its largest vessels from the Asia-North Europe route in a move that appears to be a strategic realignment of its services. According to Alphaliner, MSC’s megamax vessels, ranging from 19,200 to 24,300 TEUs, will be redeployed to the Asia-Mediterranean and Asia-West Africa trades. Meanwhile, ships averaging around 14,700 TEUs will now service the Asia-North Europe corridor.

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Southern Africa

South Africa Rises in Global Logistics Index Amid Digital and Infrastructure Advancements

February 28, 2025February 28, 2025 Constance Makungu

South Africa has risen to 23rd place in the Agility Emerging Markets Logistics Index, marking significant progress in international logistics opportunities and digital transformation initiatives, according to the latest Cargo Movement Update. This improvement highlights growing confidence in the country’s ability to manage efficient supply chain operations in an increasingly dynamic global landscape. The Update, compiled by the South African Association of Freight Forwarders and Business Unity SA, also notes

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Ports & Terminals South East Asia

Malaysia’s Single-Window System Reduces Port Klang Congestion and Boosts Efficiency

February 28, 2025February 28, 2025 Constance Makungu

The introduction of the Malaysia Maritime Single Window (MMSW) system at Port Klang earlier this month has significantly alleviated congestion at one of Asia’s major ports, which had been struggling with volume spikes caused by disruptions in maritime traffic through the Red Sea. Prior to the MMSW’s launch on February 17, Port Klang had faced operational challenges due to an influx of container vessels rerouting around the Cape of Good

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Air Freight North Asia

Transatlantic Air Cargo Rates Rise 7% in February Amid Global Volatility

February 28, 2025February 28, 2025 Constance Makungu

Air cargo spot rates between Europe and the US have increased by 7% month-on-month in February 2025, reaching $2.46 per kilogram. This rise contrasts with other corridors, such as Northeast Asia to the US, which saw a 14% decline, and highlights significant shifts in the airfreight market, according to Xeneta’s latest data. While the transatlantic corridor experienced growth, it was not driven by a sudden surge in demand. Instead, the

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Air Freight

Air Cargo Demand Grows 3.2% in January 2025

February 28, 2025February 28, 2025 Constance Makungu

Air cargo demand saw a 3.2% increase in January 2025, according to the latest data from the International Air Transport Association (IATA), released on Thursday. The growth, measured in cargo tonne-kilometres (CTK), marked an increase compared to January 2024 levels, with international operations seeing a slightly higher rise of 3.6%. Capacity grew by 6.8% overall, with a 7.3% increase for international operations. IATA’s Director General, Willie Walsh, highlighted that January

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