News

Destinus Buys AI Startup to Advance Flight System Automation

By Maria Kalamatas | August 8, 2025 Destinus has acquired Daedalean, a company based in Zurich. The startup develops artificial intelligence systems for flight navigation. The deal was confirmed on Wednesday. No price was disclosed. “This gives us the tools to automate faster,” said a Destinus representative. Daedalean builds software for drones, aircraft, and...

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Expeditors Posts Steady Growth as It Prioritizes Discipline Over Aggression

By Maria Kalamatas | August 6, 2025 – Seattle Expeditors International delivered a reassuring message to its investors this morning: growth is still possible—even in a fragmented, cautious market—if you stay focused on the fundamentals. The Seattle-based logistics provider reported Q2 revenue of $2.65 billion, up 9% year-on-year, with an operating income...

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Kuehne+Nagel UAE Gets Approval to Handle Sensitive Pharma Shipments

By Maria Kalamatas | August 6, 2025 – Dubai Kuehne+Nagel in the UAE has received official certification from the Emirates Drug Establishment. That means the company can now legally manage pharmaceutical cargo that requires strict handling conditions. The certification, granted earlier this week, covers cold chain logistics, temperature-controlled storage, and compliance with...

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