
Logistics specialist Kuehne + Nagel recorded 5.5 percent increase in gross profit and 2 percent increase in EBIT (Earnings before interest and taxes) in the first half of 2019, helped by growth in seafreight and overland division. And the company has reported revenue of 10.6 billion euro, 5.3 percent increase compared to the same period in 2018.
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Qatar Airways has renewed its partnership with the Qatar Racing and Equestrian Club (QREC), for a further three years.
This partnership will enable the Doha-based carrier to continue its sponsorship of three horse racing events, The Amir Sword Festival in Qatar, Qatar Goodwood Festival in the United Kingdom and the Qatar Prix de l’Arc de Triomphe in France.Read More ..............AirCargo, Aviation, Logistics, Freight, SupplyChain

Effective February 01, CACC Cargolinx will handle all incoming pharmaceutical consignments onboard Turkish Cargo flights at its IATA CEIV Pharma certified terminal, following the signing of Pharmaceuticals’ Handling Agreement with the airline.https://www.logupdateafrica.com/cacc-cargolinx-to-handle-inbound-pharma-shipments-for-turkish-cargo-at-cairo-air-cargo

Integrate a blockchain-based supply chain management software into your business with the right solutions from a supply chain management software company!


Low safety stock globally is fueling demand beyond Christmas, and full relaxation is not like before Q42022, consultancy firm Accenture said in its latest report.
"Only moderate and long-term effects of short-term actions (e.g.
U.S. government on port congestion, carriers ordering additional vessels) are likely," the report, Accenture Logistics Radar, said.Accenture's suggestions include:1.
Identify short-term alternative transport modes (e.g.
Coca-Cola using bulk transportation; rail freight from APAC)2.
Multi-echelon supply chain analysis and improvement to deliberately use existing inventory to increase supply chain output (reduce safety stocks) Read More...www.logupdateafrica.com
