Erbil Airport houses new dnata cool-chain facility, cargo warehouse

Emirates-owned ground services provider dnata is expanding its operational footprint at Erbil International Airport (EBL) in the Kurdistan region of Iraq with a new cool-chain facility, a bus maintenance building and a 16,000-square-meter cargo warehouse, at a total investment of $17 million.   Approximately $3.5 million will be allocated to …

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Poste Italiane profits up strongly in Q1

18 May 2022 Transport / Logistics Services Poste Italiane reports strong profit growth of 11.8% in the first quarter of the financial year. Operating profit hit €694m in the quarter on revenues of €3.0 billion (which grew by 1.4% compared to Q1, 2021). Across its business interests, financial services led Poste …

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Tui slides on share sale to pay Covid aid | Business

Tui, the holiday company, fell sharply this morning after it placed new shares worth €425 million to repay part of the German state funding it received during the Covid-19 pandemic. Shares in the company, which said last week that it predicted a strong summer ahead, dropped 27½p, or 11.1 per …

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Prince William unveils new memorial to Royal Navy submariners

The Duke of Cambridge paid tribute to the ‘continued resilience’ of the Royal Navy’s submariners and their families as he unveiled a new memorial at the National Memorial Arboretum. William gave a short speech on the Submarine Service during the unveiling ceremony at the Staffordshire site on Wednesday, in which …

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Rivian’s Amazon van production under threat

18 May 2022 Transport / Logistics Services Struggling US EV startup Rivian has warned that its Amazon delivery van production will come to a halt should its seat supplier stop deliveries to the company. Rivian has taken legal action against the seat supplier Commercial Vehicle Group Inc for violating the supply …

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