ShippingONE posts $31 million Q1 profit despite rising costs

ONE posts $31 million Q1 profit despite rising costs

Our Correspondent

6 Aug 2026 11:47 AM IST

Strong cargo volumes and improving freight rates kept ONE profitable in Q1 FY2026 despite higher bunker fuel prices and operating expenses.

ShippingIgnazio Messina adds Red Sea Express Line service

Ignazio Messina adds Red Sea Express Line service

Our Correspondent

5 Aug 2026 8:21 PM IST

The service will connect Nhava Sheva, Sohar and Jeddah with a 20-day frequency, with its inaugural sailing scheduled for August 27.

PeopleEx-Ethiopian Airlines boss appointed as CEO & MD for Air India

Ex-Ethiopian Airlines boss appointed as CEO & MD for Air India

Our Correspondent

5 Aug 2026 7:35 PM IST

Tewolde Gebremariam is recognised as one of the most successful aviation chief executives. During his tenure as CEO of Ethiopian Airlines Group, he...

Air CargoDHL Q2 revenue rises 13%, EBIT jumps 30%

DHL Q2 revenue rises 13%, EBIT jumps 30%

Our Correspondent

5 Aug 2026 5:45 PM IST

Revenue growth was driven by higher transported shipment weight at DHL Express, capacity constraints in the international air freight market, and the...

ShippingHapag-Lloyd eyes expanded services in East Africa through Mombasa

Hapag-Lloyd eyes expanded services in East Africa through Mombasa

Our Correspondent

5 Aug 2026 4:36 PM IST

The German maritime transport company is looking to expand its East Africa operations as Kenya Ports Authority invests in Mombasa and Lamu capacity,...

LOGISTICS

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AGL Madagascar completes heavy modular transport operation

AGL Madagascar completes heavy modular transport operation

How humanitarian logistics is supporting DRCs Ebola response

How humanitarian logistics is supporting DRC's Ebola response

How Hellmann is connecting the dots to power intra-African trade

How Hellmann is connecting the dots to power intra-African trade

FEATURED VIDEOS

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How Oman Air Cargo is Navigating Middle East Route Disruptions & Trade...

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Why main-deck freighters still rule global trade - industry leaders...

BUSINESS OF CARGO

Riyadh Air lands in mumbai! But did you notice this?

20 years of IndiGo: How India’s biggest airline is going global

Why cargo is flying at Western Sydney International Airport before passengers!

Six belugas. One extraordinary rescue mission

SHIPPING

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LOGISTICS UPDATE AFRICA MAGAZINE

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July-August 2026

July-August 2026

May-June 2026

May-June 2026

March-April 2026

March-April 2026

AIR CARGO

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Ex-Ethiopian Airlines boss appointed as CEO & MD for Air India

Ex-Ethiopian Airlines boss appointed as CEO & MD for Air India

DHL Q2 revenue rises 13%, EBIT jumps 30%

DHL Q2 revenue rises 13%, EBIT jumps 30%

Emirates SkyCargo backs Africa conservation, grows UK exports

Emirates SkyCargo backs Africa conservation, grows UK exports

Aviation

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Kenya appoints Dar Al-Handasah for JKIA modernisation oversight

Kenya appoints Dar Al-Handasah for JKIA modernisation oversight

Astral Aviation launches weekly freighter service to Asmara

Astral Aviation launches weekly freighter service to Asmara

Kenya Airports Authority appoints Moses Wekesa as CEO

Kenya Airports Authority appoints Moses Wekesa as CEO

CARGO DRONES

Ziplines 13X growth fuels US expansion, new hires

Zipline's 13X growth fuels US expansion, new hires

Zipline collaborates with Zoetis to deliver veterinary care via drones across Kenya

Zipline collaborates with Zoetis to deliver veterinary care...

Zipline expands funding round to $800M with extra $200M

Zipline expands funding round to $800M with extra $200M

Barq Group, Elroy Air plan $200mn Chaparral cargo aircraft JV

Barq Group, Elroy Air plan $200mn Chaparral cargo aircraft...

RAILWAYS

First eight Wabtec locomotives arrive at Port of Durban

First eight Wabtec locomotives arrive at Port of Durban

Botswana, Namibia advance Trans Kalahari Railway with bilateral talks

Botswana, Namibia advance Trans Kalahari Railway with...

AfDB approves €205mn for Morocco rail upgrade

AfDB approves €205mn for Morocco rail upgrade

Ghana finalises rail freight deal to move port cargo and ease roads

Ghana finalises rail freight deal to move port cargo and...

TECHNOLOGY

KRA launches new digital ACD cargo system for Kenya ports

KRA launches new digital ACD cargo system for Kenya ports

z.systems raises $1.65 mn seed round to digitise retail in Morocco

z.systems raises $1.65 mn seed round to digitise retail in...

Egypt, Bulgarian firm discuss plan to manufacture electric vehicles

Egypt, Bulgarian firm discuss plan to manufacture electric...

IOM, DHL launch digital logistics training academy in Ghana

IOM, DHL launch digital logistics training academy in Ghana

E-COMMERCE

How Africa’s e-commerce boom is rewriting the rules of logistics

How Africa’s e-commerce boom is rewriting the rules of...

Talabat Egypt opens MENA’s largest distribution centre

Talabat Egypt opens MENA’s largest distribution centre

Lionel Mobi appointed as new CEO to lead Jumia Egypt’s growth

Lionel Mobi appointed as new CEO to lead Jumia Egypt’s...

Jumia is bridging the logistics gap across Northern Nigeria

Jumia is bridging the logistics gap across Northern Nigeria

SUPPLY CHAIN

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U.S. proposes measures to control China influence in shipping

35% of Chinese executives expect trade barriers to benefit business

EU unveils €12bn investment drive in South Africa

EU unveils €12bn investment drive in South Africa

AGL and Czarnikow launch supply chain alliance Africa

AGL and Czarnikow launch supply chain alliance Africa

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