Raymond STERN
Scan Global Logistics appoints former Maersk boss Nils Smedegaard Andersen
Fast-growing forwarder Scan Global Logistics (SGL) has appointed Nils Smedegaard Andersen as its first new board member and chairman of...
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AIR FREIGHT
Abdel Halim ESSABBAK
May 16, 2023
Etihad Rail, DHL Global Forwarding ink 20-year partnership
The agreement will see the establishment of a joint venture company that will enable DHL to use Etihad Rail’s network to conduct its main...
Abdel Halim ESSABBAK
May 14, 2023
Aramex and Abu Dhabi Ports set up joint venture focused on freight forwarding
Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to...
Raymond STERN
Feb 12, 2023
There’s a new inflation warning for consumers coming from the supply chain
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11%...
Raymond STERN
Feb 5, 2023
Lunar New Year factory closures curb air cargo rates, demand
Air cargo rates continued a slowdown in January as demand was further pressured by factory closures across Asia due to the Lunar New Year...
Raymond STERN
Jan 8, 2023
C.H. Robinson Reaches Standstill Agreement With Activist Investor
The pact with Ancora Advisors comes as the freight broker is searching for a new CEO. Logistics heavyweight C.H. Robinson Worldwide Inc....
Raymond STERN
Dec 25, 2022
Relief for shippers as freight costs dip to near pre-pandemic levels
AFTER more than two years of exceptionally high freight rates in a tight capacity market, shippers are finally getting some relief. In...
Raymond STERN
Nov 25, 2022
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of un
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of understanding (MoU) with Tanzania Post...
Raymond STERN
Nov 23, 2022
Maersk adds Khazaen Dry Port to its global network of port calls
The agreement enables Maersk to offer customers seamless access to global markets, as well as enhanced time-and cost-efficient land...
Raymond STERN
Nov 22, 2022
K+N takes two 747-8Fs as other forwarders wind down airfreight capacity
Kuehne + Nagel has received the first of its two own-liveried, Atlas Air-operated 747-8Fs, just as other forwarders cut their own...
Raymond STERN
Nov 18, 2022
Saudia Cargo and Liege Airport sign a commercial partnership until 2023
Saudia Cargo will increase flights to and from the Belgian airport Saudia Cargo has signed a commercial agreement with Liege Airport that...
Raymond STERN
Nov 18, 2022
DHL to open new office in Sohar Freezone
DHL, the leading international provider of air, ocean, and road freight services has announced the opening of a new office in Sohar...
Raymond STERN
Nov 13, 2022
GoFreight raises $23M to become the “Shopify of freight forwarding”
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage...
Raymond STERN
Nov 10, 2022
C.H. Robinson cuts jobs as logistics markets cool
Logistics company C.H. Robinson Worldwide Inc. (NYSE: CHRW) has laid off about 650 workers in the past week, signaling slower demand for...
Raymond STERN
Nov 7, 2022
UK freight association develops programme to attract recruits from other industry sectors
The British International Freight Association (BIFA) has launched a programme called ‘Freight Development Pathway’ in partnership with...
Raymond STERN
Nov 1, 2022
Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering....
Raymond STERN
Oct 27, 2022
Shipping rates are no longer plunging. Is ‘new normal’ near?
Drewry trans-Pacific indexes down just 3% this week, FBX indexes flattening Ocean shipping spot rate indexes are still falling. But after...
Raymond STERN
Oct 13, 2022
Broken cranes see China-Europe rail schedules hit the buffers, hard
The China-Europe rail freight network is suffering congestion and delays from two broken cranes on the Kazakhstan border with China....
Raymond STERN
Oct 12, 2022
Dubai South Unveils Opening of DB Schenker’s Third Mega Logistics Facility
Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has announced that DB Schenker...
Raymond STERN
Oct 10, 2022
Shipsy demonstrates the impact of AI, ML & automation on global supply chains
At GITEX GLOBAL 2022, Shipsy, a leading global SaaS-based smart logistics management platform, is showcasing how supply chain leaders...
Raymond STERN
Sep 11, 2022
Scan Global Logistics opens in Abu Dhabi, its second office in the UAE in less than a year
On 1 September, only seven months after opening its first wholly owned operation in Dubai in the United Arab Emirates (UAE), the global...
Raymond STERN
Aug 11, 2022
Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive
CEO Jens Bjørn Andersen has built the freight forwarder into a global heavyweight, but says more consolidation is likely in the highly...
Raymond STERN
Feb 21, 2022
Expeditors International Shuts Down Computer Systems After Cyberattack
The logistics giant hasn’t said when it will fully restore operations. Seattle-based logistics giant Expeditors International of...
Raymond STERN
Feb 21, 2022
Menzies accepts NAS takeover offer
John Menzies has approved a takeover proposal from Agility subsidiary National Aviation Services (NAS) Holding following its rejection of...
Raymond STERN
Feb 19, 2022
Maersk announces it is set to acquire Pilot Freight Services
Maersk officials said that the purchase price is $1.68 billion (USD), adding that the acquisition is subject to regulatory review and...
Raymond STERN
Feb 17, 2022
IKEA, Epicor & the supply chain crises impact on furniture
IKEA & Epicor say the fallout of the global shipping and supply chain crisis has serious consequences for furniture retailers &...
Raymond STERN
Feb 11, 2022
10 Biggest Logistics Companies In MENA
Logistics companies are also key enablers, moving goods and services across the globe. Many MENA countries are developing their ports...
Raymond STERN
Feb 11, 2022
AD Ports Group and Ghassan Aboud Group to develop 3.3 sq km Regional Food Trading and Logistics Hub
Covering a land area of 3.3 sq. km in KIZAD, the new regional hub will bring together wholesale buyers, sellers, logistics players,...
Raymond STERN
Feb 11, 2022
Top 10: EMEA logistics firms, Kuehne+Nagel, DHL, UPS feature
Kuehne+Nagel, DHL, UPS and DSV head list of top sea, air and road logistics and warehousing companies operating in Europe, Africa and the...
Raymond STERN
Feb 10, 2022
Aramex profits plunge as it takes on costs and expands forwarding business
Aramex must be one of the few, if not the only, logistics company to see profits fall significantly last year, as it bore costs in a bid...
Raymond STERN
Feb 10, 2022
Agility handler NAS urges Menzies shareholders to consider takeover bid
National Aviation Services (NAS) has hit back at John Menzies’ rejection of its takeover bid, describing its offer as compelling. As...
Raymond STERN
Feb 9, 2022
The hidden financial risks in retail supply chains
Debt and operational weaknesses in the system could flow upstream as the industry seeks its footing, according to RapidRatings' James...
Raymond STERN
Feb 8, 2022
Agility Emerging Markets Logistics Index 2022: How the UAE ranks as a global emerging economy ?
Only China and India are placed ahead of the UAE in the 2022 Agility Emerging Markets Logistics Index The United Arab Emirates ranks No....
Raymond STERN
Feb 3, 2022
Saudi Riyad REIT invests $62mln in US logistics portfolio
The investment is expected to generate an average annual yield of 7.5% Saudi Arabia's Riyad Capital said its fund, Riyad REIT, has...
Raymond STERN
Feb 1, 2022
Amadou Diallo, CEO of DHL Global Forwarding Middle East & Africa, at Breakbulk Middle East 2022.
We caught up with Amadou Diallo, CEO of DHL Global Forwarding Middle East & Africa, at Breakbulk Middle East 2022 to discuss one of this...
Raymond STERN
Jan 28, 2022
Fabrice Panza, Manager Global Cool Chain solutions, Etihad Cargo, on Air Cargo Community Cooperation
Mr Panza illustrated what happened over the last 18 months when the passenger side of operations completely tanked but a positive...
Raymond STERN
Jan 27, 2022
PwC joins the Fast Forward Challenge to support start-ups and promote innovation in logistics
PwC will be offering participating start-ups the necessary mentorship and guidance to enhance their pitches, further develop their...
Raymond STERN
Jan 23, 2022
UAE signs Eni to set up logistics base at Mugharraq Port to support offshore drilling
The UAE has signed up the Abu Dhabi unit of Italy's Eni to establish a marine logistics base at its Mugharraq Port near the country's...
Raymond STERN
Jan 22, 2022
Israel Pavilion at Expo 2020 to host a 3-day transport event
The event will be attended by C-level executives of transport companies and authorities from Israel and the UAE. Smart transportation,...
Raymond STERN
Jan 5, 2022
Supply Chain Disruption: A crisis yes, but an opportunity too
We’re in a perfect storm with the global supply chain—and 2022 is shaping up to be even more challenging. We’re in a perfect storm with...
Raymond STERN
Jan 4, 2022
K+N targets Africa with network expansion
Freight forwarding giant Kuehne+Nagel (K+N) has expanded its presence in Africa through the addition of several new offices across the...
Raymond STERN
Jan 4, 2022
British Freight Lobby Slams ‘Profiteering’ in Container Shipping
BIFA cites ‘huge market consolidation’ needing investigation Rates for air and ocean freight have more than tripled The British...
Raymond STERN
Jan 1, 2022
Supply chain latest: Prices to surge further in 2022
The ongoing global supply chain adversity has undoubtedly left an impressionable mark on every aspect of our lives, with skyrocketing...
Raymond STERN
Dec 24, 2021
China to roll out policies to help exporters amid economic headwinds
China will roll out more policies to help exporters and importers as foreign trade faces growing uncertainties, the official Xinhua news...
Raymond STERN
Dec 13, 2021
We're past the worst of the supply chain pains, logistics firm GXO says
Mark Manduca, CIO of logistics company GXO, discusses global supply chain pressures, the outlook for air freight and shipping markets,...
Raymond STERN
Nov 30, 2021
TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment
ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services...
Raymond STERN
Oct 25, 2021
GeoPost/DPDgroup increases its stake in Aramex to 24.9%
GeoPost/DPDgroup, a subsidiary of the Groupe La Poste, increased its stake in Aramex to 24.9%, following the purchase of shares in the...
Raymond STERN
Oct 10, 2021
Ministry of Economy, UPS to Promote UAE as Logistics, Supply Chain Hub
Discuss cooperation between the MOE and UPS to enhance the country’s competitiveness as a global logistics center H.E. Abdulla Bin Touq...
Raymond STERN
Sep 30, 2021
CMA CGM Group orders two Boeing 777 freighters
Boeing and shipping and logistics company CMA CGM Group, have announced the purchase of two new Boeing 777 Freighters to grow the Group’s...
Raymond STERN
Sep 23, 2021
Nike Call Shows How Complicated and Messy Logistics Have Become
After spending a few minutes talking about triumphs at the Olympics, buzzy sneaker drops and a headquarters tour with LeBron James, Nike...
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