Lufthansa Group said its airline airlifted about 60 million passengers in the first half of the year 2017. That is 17.2 percent more than it recorded in the same period in 2016. In its latest financial report, the group said it has carried more passengers than ever before in the first
Logistics
Work commences at Ilorin Int’l airport
Ilorin, Nigeria. Renovation and upgrading of facilities have commenced at the Ilorin International Airport, in the Kwara State capital. The renovation, which is being executed by the Federal Airports Authority of Nigeria (FAAN) affects every part of the airport. Some of the projects being renovated are the FAAN Administrative block, roofing of
Travel time on the Lekki-Epe expressway doubles Logistics cost in Lagos
Africa’s export markets set to boom in the wake of ports expansion
With Africa’s overall port utilisation capacity now exceeding 70%, ports authorities and terminal operators are actively calling for partners in development to equip Africa’s ports and harbours for post-neo-panamax shipping requirements. As international trade volumes increase at growth rates of 6-8% per year, expansion projects in Africa follow suit and gain
Transportation Startup Transfix Raises $42 Million From Investors
Freight-booking company connects shippers with trucking fleets via an app and website Transfix, an online service helping companies to hire trucks to move their goods, said Wednesday it had raised $42 million from investors, in one of the largest funding rounds to date for a freight booking startup. The Series C funding
Courier operators oppose 2.5% annual operating regulatory levy
Courier operators have opposed the proposed annual operating levy as contained in a bill seeking to excise regulatory functions from the Nigerian Postal Services and establish a new regulatory authority. The operators, who spoke under the umbrella of the Association of Nigeria Courier Operators, presented their position at a public hearing
Nigeria Holds National Summit On Truck Transit Parks
Nigeria's Federal Ministry of Transportation will on Tuesday in Abuja hold a national summit on Truck Transit Parks. Organizers of the event said the focus of the summit is to brainstorm on ways to address the infrastructure deficit in the country, provide a short-term resting place for truck drivers on long-distance
Ask Larry
Ask Larry email: [email protected], [email protected] _____________________________________________________________ Some friends and former colleagues have for some time inundated me with entreaties to take up a newspaper column and talk about logistics issues. Well, I didn’t think there are enough topical issues to talk about on Logistics. Logistics is not fashion, music, arts, sport or any
Global air freight demand increases 13% as African carriers’ load grew 27.6%
...African carriers' largest year-on-year cargo increase The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and
Turkish Cargo opens route to Kano State
In what appears to be an almost monthly occurrence, Turkish Cargo, one of the world’s fastest-growing freight operations, is expanding yet again – this time in West Africa. The carrier is launching weekly cargo flights to Kano, Nigeria, also touching down in Dakar, Senegal. The added Dakar flight will double the