The company delivered 26 Falcon aircraft in 2023.
New freight route connects China and Serbia
A new freight route between China and Serbia has started operating. The route connects the Chinese province of Hebei with Serbia’s capital Belgrade. The train service aims to increase connectivity between Europe and China as part of the Belt and Road Initiative (BRI). Freight trains running on the newly established route will take twenty days…
AD Ports Group acquires majority share in Tbilisi Dry Port
AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…
AD Ports Group acquires majority share in Tbilisi Dry Port
AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…
AD Ports Group acquires majority share in Tbilisi Dry Port
AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…
DHL’s cargo tram service in German city gets scrapped
The city of Schwerin, in northeastern Germany, had been experimenting with an urban concept of rail freight by having parcels delivered by trams. After a little over a year, however, these special trams have stopped running due to a lack of demand and vandalism. The service was being carried out by local public transport company…