SINGAPORE : DHL Supply Chain, the global leader in contract logistics, has announced three new key leadership appointments in Asia Pacific. The company has appointed Sivananthan Sukumaran (Siva) as Head of Operations for DHL Supply Chain Southeast Asia. Siva was most recently the Managing Director of DHL Supply Chain Indonesia.

Effective January 1, 2024, Matthias Gehrsitz takes over from Siva as the Managing Director of DHL Supply Chain…
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Source: https://indiashippingnews.com/dhl-supply-chain-strengthens-leadership-team-with-new-key-appointments-in-asia-pacific/

Hyderabad: American airplane manufacturer, Boeing is looking keenly at the cargo division as an investment opportunity in India’s civil aviation market. The company expects the India cargo fleet to go up to 80 airplanes over the next 20 years as against the 15 freighter aircraft now.Boeing’s interest in the growth of India’s cargo fleet comes at a time when news reported late on Thursday that Boeing 747-8 cargo plane with Atlas Air made an emergency landing at Miami International…
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Source: https://www.bizzbuzz.news/amp/national/cargo-fleet-in-india-will-grow-from-15-to-80-over-20-yrs-boeing-1283353

An emergency landing took place at Miami International Airport involving an Atlas Air Boeing 747-8 cargo plane due to an engine malfunction shortly after departure. The cargo company, Atlas Air, has announced plans for a comprehensive inspection following the incident. Flightaware data reveals that the specific aircraft involved is a Boeing 747-8 equipped with four General Electric GEnx engines. Fortunately, reports indicate no injuries, although the exact number of crew members on board…
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Source: https://timesofindia.indiatimes.com/videos/toi-original/video-mid-air-horror-as-us-boeing-cargo-planes-engine-catches-fire-makes-emergency-landing-at-miami-airport/amp_videoshow/106990909.cms

Flexport is raising $260 million from e-commerce software giant Shopify, one of its biggest shareholders, according to two people with direct knowledge, giving the struggling logistics startup more breathing room after it burned through cash last year.Shopify will get notes that are convertible into Flexport equity in exchange for the money. The fundraising, which has not been previously reported, follows Shopify’s sale of its money-losing logistics business to Flexport in exchange for…
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Source: https://www.theinformation.com/articles/struggling-logistics-firm-flexport-raises-260-million-from-shopify

India will need more than 2,500 new aircraft deliveries by 2042, said Darren Hulst, Boeing vice-president (VP) of commercial marketing, on Friday. He said this expected demand is led by high traffic growth, which India has been experiencing in recent times.Hulst emphasised that to meet the rapidly increasing passenger and cargo demands, South Asian carriers are expected to quadruple the size of their existing fleets over the next two decades. In addition, they will be…
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Source: https://news.abplive.com/business/boeing-says-india-will-need-over-2-500-new-aircraft-by-2042-1657810/amp

IndoSpace, an industrial and logistics real estate developer, has signed a memorandum of understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos for the expansion of 100 acre in the Chakan-Talegaon area with an investment of Rs 700 crore.

The company also has plans to expand further in the Chakan-Talegaon micro-market and is in the process of acquiring another 200-250 acre through MIDC allotment and private acquisition over the next two years. With this…
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Source: https://www.financialexpress.com/business/industry-indospace-to-invest-rs-700-crore-in-industrial-logistics-parks-in-pune-3369735/lite/