The Coca-Cola Company and the Global Fund to Fight AIDS, Tuberculosis and Malaria say they plan to leverage the company's global distribution system to help government and non-governmental organizations deliver critical medicines to remote parts of the world, beginning in rural Africa.
FedEx is changing its aircraft on the route between Memphis and Queretaro, Mexico to a Boeing 757-200 and will operate five times weekly, increasing its capacity in the market by 50 percent. Jorge Torres, recently named president of FedEx in Mexico, stated: "The decision to increase our cargo capacity is in response to our strategy to become a real business partner with the business in the region, offering competitive services at very reasonable prices ... The decision to increase our cargo capacity responds to our strategy of listening to our clients and their solicitation in a quick way."
Despite Middle Eastern carriers recording a 16-percent, year-over-year, increase in freight demand in July, global cargo markets shrunk 3.2 percent, year-over-year, according to International Air Transport Association statistics. IATA partially attributed this decline to a comparison with a "relatively strong" July 2011, but said global trade growth is still sluggish.
Today's new economic environment is increasingly more
volatile, complex and structurally different than in years past,
and in few places is this more apparent than in the movement
of goods and services.
By 2025, annual consumption in emerging markets will reach $30tr - the biggest growth opportunity in the history of capitalism. To compete for the prize, companies must be disciplined.
In the first half of 2012, amid strife and turmoil across much of the industry, Saudi Airlines Cargo carried 251,500 tonnes of cargo. The number is a 26-percent, year-over-year, increase in activity. Cargo revenue rose 25 percent, year-over-year, during the first six months of 2012.
Smarter consumers want retailers to listen to them, know them and
empower them - at the same time that these consumers are
becoming more difficult to know.
CMA CGM has launched a direct service between Asia and the Red Sea. Dubbed REX 2, it replaces the REX 1 service, which had been operated under a vessel-sharing agreement (VSA) with APL until its cessation at the end of June.
The latest supply chain news, analysis, trends and best practices for companies operating in the Middle East and Africa. The Middle Eastern region consists of 18 countries that stretch from the western borders of Turkey and Egypt to the eastern edges of Iran and Saudi Arabia. Learn how businesses are optimizing supply chain and logistics performance in these regions, addressing a range of challenges such as poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates - as well as capitalizing on new land and labor opportunities, particularly across Africa.
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