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

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 Cargo Demand Grows 3.2% in January 2025

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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Nacala Logistics Achieves Milestone with Record Cargo Transport in 2024

Nacala Logistics reached a significant milestone in 2024, transporting 647 kilotonnes (kt) of miscellaneous cargo, a 117 kt increase from the previous year. This achievement underscores the company’s ongoing investment in infrastructure and its expansion efforts, particularly through the initiation of cargo transportation to Zimbabwe and the resumption of key traffic in regions like Kanengo and Mchinji in Malawi, as well as Chipata in Zambia. These strategic routes are vital

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Maputo Port Takes Major Step in $2 Billion Expansion to Boost Regional Trade

Maputo Port in Mozambique has launched the first phase of its ambitious $2 billion development project, marking a significant milestone in its goal to become a key regional shipping hub. The $164 million first phase, which began on January 27, aims to double the port’s container-handling capacity within two years. The expansion will increase its capacity from 255,000 twenty-foot equivalent units (TEUs) annually to 530,000 TEUs, supporting growing trade volumes

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Action Auto Isuzu Zambia Announces Key Leadership Appointments

Action Auto – Isuzu Zambia is excited to announce the appointment of two new Executive Directors, marking a significant step in shaping the company’s future. Effective February 2025, Ms. Lilia Kennievna Samui and Mr. Gurinderpal Singh will assume their new roles, bringing a wealth of experience to the leadership team. With nearly 12 years at Action Auto, Lilia has been instrumental in driving the company’s Vehicle Sales and Marketing strategies.

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FAW Trucks Southern Africa Leading Innovation in Logistics

The logistics industry is undergoing a profound transformation, shaped by global trends and emerging challenges. As a key player in commercial vehicle manufacturing, FAW Trucks Southern Africa is dedicated to addressing these changes with innovative solutions that support the growth and resilience of the industry. A recent analysis by Seabourne Logistics highlights several critical challenges facing the sector as it heads into 2025. These include the growing demand for sustainability,

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Botswana Extends Sedudu-Ngoma Route to 24-Hour Access Starting April 2025

Beginning April 1, 2025, the Sedudu-Ngoma transit route through Chobe National Park will operate 24 hours a day, as confirmed by the Botswana Ministry of Environment and Tourism. This landmark decision aims to boost accessibility, economic activity, and regional connectivity between Botswana and Namibia, marking a significant change in local transportation and logistics. Previously operating on restricted hours to protect wildlife and curb illegal activities like poaching, the new round-the-clock

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Namibia and Portugal Launch Partnership for Sustainable Logistics and Green Energy

An MoU between the Namibia Ports Authority (Namport) and Administração dos Portos de Sines e do Algarve, SA is set to enhance cooperation in creating sustainable, green, and digital logistics corridors. This partnership aims to boost trade, connectivity, and investment between Namibia and Portugal, aligning with the European Commission’s Global Gateway strategy, which seeks to mobilize €300 billion for sustainable infrastructure investments in energy, transport, and digital sectors. This collaboration

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Morocco’s $2.9 Billion Rail Expansion Ahead of 2030 FIFA World Cup

Morocco’s state-owned rail operator, ONCF, announced a significant $2.9 billion investment on Wednesday to purchase 168 trains from manufacturers in France, Spain, and South Korea. This move is part of ONCF’s broader efforts to expand the country’s rail network in preparation for co-hosting the 2030 FIFA World Cup with Spain and Portugal, as reported by Reuters. The contracts were awarded to French manufacturer Alstom, Spain’s Construcciones y Auxiliar de Ferrocarriles

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Transnet Strengthens Leadership with Key Executive Appointments

Transnet has appointed Bessie Mabunda as Chief Executive of Transnet Engineering (TE) and Moshe Motlohi as Chief Executive of Transnet Rail Infrastructure Manager (TRIM), effective March 1. These appointments aim to enhance strategic leadership, ensure stability, and strengthen the organization’s key operating divisions. TE, Transnet’s manufacturing division, provides research, design, manufacturing, and maintenance services for the global rail industry, with a strong focus on Africa. TRIM oversees South Africa’s rail

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